MTAR Technologies Limited has disclosed an inter-se transfer of equity shares between its promoters, with Managing Director P. Srinivas Reddy transferring 2,00,000 shares to his mother through a gift transaction. The disclosure was made under SEBI regulations governing substantial acquisition and transfer of shares on February 24, 2026.

Transaction Details

The inter-se transfer was executed on February 23, 2026, through an off-market transaction by way of gift in favor of Mrs. Leelavathi Parvatha Reddy, who is also a promoter of the company and mother of P. Srinivas Reddy. The transaction involved 2,00,000 equity shares, representing 0.65% of the company's total share capital.

Regulatory Filing and Documentation

The formal disclosure was submitted under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Company Secretary and Compliance Officer Priyanka Agarwal submitted the required documentation to both stock exchanges on February 24, 2026. P. Srinivas Reddy personally signed the disclosure forms, confirming the gift transfer to his mother.

Shareholding Structure

Following the transaction, P. Srinivas Reddy's shareholding in MTAR Technologies has been reduced from 13,92,903 shares to 11,92,903 shares. His percentage holding decreased from 4.53% to 3.88% of the company's total voting capital. The company's equity share capital remains unchanged at Rs. 30,75,95,910 divided into 3,07,59,591 fully paid-up equity shares of Rs. 10 each.

Persons Acting in Concert

The regulatory filing identifies the persons acting in concert with P. Srinivas Reddy, including P Kalpana Reddy, Leelavathi Parvatha Reddy, Saranya Loka Reddy, and Northeast Broking Services Limited. The company is listed on both BSE Limited and National Stock Exchange of India Limited, with its headquarters located at 18, TIE, Balanagar, Hyderabad – 500037, Telangana.

MTAR Technologies has disclosed an inter-se transfer of 97,000 equity shares between its promoters, executed through an off-market transaction by way of gift. The transfer was completed on February 23, 2026, in compliance with SEBI regulations governing substantial acquisition of shares and takeovers.

Transaction Details

The share transfer was executed by Saranya Loka Reddy, a promoter of MTAR Technologies Limited, who gifted shares to her mother Mrs. Leelavathi Parvatha Reddy, also a promoter of the company. The transaction was conducted as an off-market inter-se transfer by way of gift between family members.

Shareholding Changes for Saranya Loka Reddy

The transaction resulted in a decrease in Saranya Loka Reddy's shareholding in the company. Her holding decreased from 5,99,666 shares to 5,02,666 shares, representing a change from 1.95% to 1.63% of the total share capital.

Company Share Capital Structure

The company's total equity share capital remains unchanged following this inter-se transfer. MTAR Technologies Limited maintains its share capital structure of Rs. 30,75,95,910 divided into 3,07,59,591 fully paid-up equity shares of Rs. 10 each.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company has informed both the National Stock Exchange of India Limited and BSE Limited about this transaction. Saranya Loka Reddy's persons acting in concert include P Kalpana Reddy, Leelavathi Parvatha Reddy, P. Srinivas Reddy, and Northeast Broking Services Limited.

The shares of MTAR Technologies Limited are listed on both BSE Limited and the National Stock Exchange of India Limited. This inter-se transfer represents a routine promoter group transaction that consolidates shares within the same promoter family while ensuring full regulatory compliance and transparency.