The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Leelavathi Parvatha Reddy & PACs
MTARTECH · price
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Promoter Leelavathi Parvatha Reddy received 2,97,000 equity shares of MTAR Technologies via an off-market inter-se transfer by way of gift. The shares came from her son P. Srinivas Reddy (2,00,000 shares, Promoter and Managing Director) and Saranya Loka Reddy (97,000 shares, Promoter). Her stake in the company rose from 3.32% (10,21,712 shares) to 4.29% (13,18,712 shares), an increase of 0.97%. The transaction was completed on 23 February 2026. This is purely a family re-arrangement within the promoter group, with no money changing hands.
Since this is a non-cash, internal family transfer within the promoter group, it has no material effect on the company's overall promoter holding or on retail shareholders. It does not change the promoter group's combined stake in MTAR Technologies, so it is largely a neutral, administrative disclosure with no expected impact on the stock price.