The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Madhavi Mitta & PACs
MTARTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Madhavi Mitta, a promoter of MTAR Technologies, along with persons acting in concert (Anushman Reddy, K Shalini, K Vamshidhar Reddy, A Manogna, A Praval Reddy, A Pranay Reddy), sold 18,000 equity shares in the open market between February 20 and February 24, 2026. This reduced the group's combined holding from 14,00,983 shares (4.55%) to 13,82,983 shares (4.50%) of the company's paid-up equity capital. The shares sold represent just 0.06% of MTAR Technologies' total equity capital of Rs. 30.76 crore (3,07,59,591 shares of Rs. 10 each). The disclosure was filed under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011.
The promoter stake sale is very small, trimming holding by only 0.05 percentage points, so it is unlikely to have any meaningful effect on the stock price or shareholder sentiment. This appears to be a routine, minor portfolio adjustment rather than a signal of any strategic change.