The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Akepati Pranay Reddy & PACs
MTARTECH · price
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Akepati Pranay Reddy, a member of the promoter group of MTAR Technologies, acquired 2,50,000 equity shares (0.81% of total share capital) from his mother Mrs. Akepati Manogna, who is also a promoter. The transfer was made off-market as a gift between immediate relatives within the promoter group on June 10, 2025. The acquirer's holding moved from nil to 2,50,000 shares, while the total share capital of the company remains unchanged at 3,07,59,591 equity shares. Since this is an inter-se transfer within the promoter family, the overall promoter group holding in MTAR Technologies does not change.
This is a routine reshuffling of shares within the promoter family and is not a market purchase or sale. It has no impact on the total promoter shareholding, no effect on share price, and signals no change in control or strategic direction for retail investors.