News Orders & Deals Mudunuru Limited Promoter Kiran Thummalapalli Increases Stake Through Open Market PurchaseMudunuru Limited Promoter Kiran Thummalapalli Increases Stake Through Open Market Purchase
Kiran Thummalapalli, Executive Director and promoter of Mudunuru Limited, acquired 50,415 equity shares through open market purchases between February 17-23, 2026, increasing his shareholding from 6.19% to 6.34%. The transaction was disclosed under SEBI regulations on February 24, 2026, with notifications sent to BSE Limited and The Calcutta Stock Exchange Limited. The acquisition represents a 0.15% increase in voting rights without affecting the company's capital structure of Rs. 6,54,40,000 divided into 3,27,20,000 equity shares of Rs. 2 each.
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Kiran Thummalapalli, Executive Director of Mudunuru Limited, has acquired additional equity shares of the company through open market purchases, as disclosed in a regulatory filing dated February 24, 2026. The transaction represents a strategic increase in the promoter's shareholding in the company.
Share Acquisition Details
The acquisition involved the purchase of 50,415 equity shares through open market transactions conducted between February 17-23, 2026. The shares were acquired at market rates during regular trading sessions on the stock exchanges.
| Parameter: | Details |
|---|---|
| Shares Acquired: | 50,415 equity shares |
| Acquisition Period: | February 17-23, 2026 |
| Mode of Purchase: | Open market transactions |
| Acquisition Percentage: | 0.15% of total voting capital |
Shareholding Pattern Changes
The acquisition resulted in a notable change in Thummalapalli's shareholding pattern in Mudunuru Limited. His total holding increased from 20,24,915 shares to 20,75,330 shares, representing an increase in his percentage holding from 6.19% to 6.34% of the company's total voting capital.
| Shareholding Details: | Before Acquisition | After Acquisition | Change |
|---|---|---|---|
| Number of Shares: | 20,24,915 | 20,75,330 | +50,415 |
| Percentage Holding: | 6.19% | 6.34% | +0.15% |
| Voting Rights: | 6.19% | 6.34% | +0.15% |
Company Capital Structure
Mudunuru Limited's equity share capital remains unchanged following this transaction. The company maintains its capital structure of Rs. 6,54,40,000 divided into 3,27,20,000 fully paid-up equity shares of Rs. 2 each. The acquisition represents internal shareholding changes without affecting the overall capital base.
Regulatory Compliance
The disclosure was made in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Formal notifications were submitted to BSE Limited (Scrip Code: 538743) and The Calcutta Stock Exchange Limited (Scrip Code: 036008) on February 24, 2026. The filing confirms that Thummalapalli belongs to the promoter group of the company and holds the position of Executive Director.
Market Implications
The open market acquisition by a promoter typically indicates confidence in the company's prospects and business fundamentals. The transaction was conducted transparently through regular market mechanisms, ensuring fair price discovery and maintaining market integrity. The increased promoter holding strengthens the management's stake in the company's performance and strategic direction.
Historical Stock Returns for Mudunuru
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.94% | +10.23% | -20.31% | +128.42% | +159.97% | +275.51% |
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