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
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Akepati Pranay Reddy, a member of the promoter group of MTAR Technologies Ltd, sold 60,000 equity shares on the open market between May 19-20, 2026. The shares were sold at a total consideration of approximately Rs. 19.05 per share. Following the sale, his holding reduced from 2,50,000 shares (0.81%) to 1,90,000 shares (0.61%) of the company's total share capital of 3,07,59,591 equity shares. The transaction was executed through open market sale. Persons Acting in Concert (PACs) include K Shalini, Mitta Madhavi, Anushman Reddy, K Vamshidhar Reddy, A Manogna, and A Praval Reddy.
This represents a minor reduction in promoter group stake (0.20% of total capital), which could signal minor profit-taking by an insider. While the percentage is small, any promoter-level selling tends to be watched cautiously by retail investors.