The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on January 01, 2026 for Saranya Loka Reddy
MTARTECH · price
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Promoter Saranya Loka Reddy has pledged 1,00,000 equity shares (about 0.33% of total share capital) of MTAR Technologies with HDFC Bank Limited on December 29, 2025. The pledge was created as security for a loan availed by Northeast Broking Services Limited, a person acting in concert (PAC) with the promoter group. After this pledge, Saranya Loka Reddy's total encumbered shares stand at 5,00,000 shares (1.63% of share capital) out of her total holding of 5,99,666 shares (1.95%). The disclosure was filed with BSE and NSE on January 1, 2026, under Regulation 31(1) and 31(2) of the SEBI Takeover Regulations.
This is a routine pledge creation by a small individual promoter to secure a loan for a related PAC entity. The pledged quantity is modest relative to her holding and the company's total promoter base, so it is unlikely to trigger any immediate negative reaction. Shareholders should monitor whether this leads to further pledging or any invocation risk in the future.