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.
On the reaction day the stock moved 2.0 pts less than Nifty Microcap 250 and 0.9 pts less than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mitta Madhavi, a promoter of MTAR Technologies Limited, sold 18,000 equity shares in the open market between February 20 and February 24, 2026. Her holding decreased from 14,00,983 shares (4.55%) to 13,82,983 shares (4.50%), a reduction of 0.06%. The disclosure also lists her Persons Acting in Concert (PACs) including Anushman Reddy, K Shalini, K Vamshidhar Reddy, A Manogna, A Praval Reddy, and A Pranay Reddy. The filing was made under Regulation 29(2) of SEBI's SAST Regulations, 2011.
This is a very small, routine promoter sale representing only a 0.06% reduction in stake and is unlikely to have any meaningful impact on the stock price or signal any major change in promoter sentiment.