The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kavitha Reddy Gangapatnam & PACs

Promoter Stake Sell 1pctOwnership Changes View source PDF

MTARTECH · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.7%1-day move

₹7997.00

prior close

₹8172.00

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

-2.8-3.4-3.6-3.2-1.7-1.4-2.6-10.3-9.0-3.2-3.2-0.2-28.2—

Up moveDown movePending

AI summary

Kavitha Reddy Gangapatnam, a promoter of MTAR Technologies Ltd, sold 22,741 equity shares on the open market on 21st May 2026. The sale represented 0.79% of the company's total share capital, valued at approximately Rs. 30.76 crore. After the sale, her holding reduced from 0.79% to 0.72% of total share capital. The Persons Acting in Concert (PACs) include Venkata Suprathik Reddy Gangapatnam, Usha Reddy Chigarapalli, D Anitha Reddy, and P Jayaprakash Reddy. This is a routine disclosure under SEBI SAST regulations for promoter transactions.

Likely market impact

The promoter stake sale of 0.79% on the open market may signal reduced promoter confidence or personal liquidity needs. The sale is below the 1% threshold but still represents a notable reduction in promoter holding.