The Exchange has received Disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 on September 27, 2025 for Akepati Manogna
MTARTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Akepati Manogna Reddy, a promoter of MTAR Technologies, has pledged (encumbered) 1,25,000 equity shares representing 0.41% of the company's total share capital with Bajaj Financial Securities Limited on September 24, 2025. The disclosure was filed the next day under Regulation 31(1) of SEBI's Takeover Regulations. The promoter individually holds 2.96% (9,11,889 shares) in MTAR Technologies. This is a creation of pledge, not a sale, invocation, or release of encumbrance.
This is a relatively small pledge creation (0.41%) by one promoter, likely to raise personal funds against existing holdings. It is not a sale or invocation, so there is no immediate supply or risk concern for shareholders, though aggregate promoter pledging levels should be tracked over time.