The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on May 28, 2026 for Saranya Loka Reddy
MTARTECH · price
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Saranya Loka Reddy, a promoter of MTAR Technologies Ltd, created a pledge on 26 May 2026 over 1,60,000 equity shares (0.52% of total share capital) with Bajaj Financial Securities Ltd. The pledge was created as collateral/security for a loan availed by the promoter. Following this event, the total encumbered shares across the promoter group stand at 5,02,666 shares, representing 1.63% of the total share capital. The disclosure follows SEBI's Regulation 31(1) requirement for reporting share encumbrances by promoters to stock exchanges.
The pledge of 1.60 lakh shares by a promoter represents a modest incremental encumbrance, increasing total promoter group encumbrance from ~1.11% to 1.63%. This is a routine disclosure and does not signal a major change in promoter holding or any threat to promoter control. However, investors should monitor if encumbrances rise significantly in future filings.