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, part of the promoter group of MTAR Technologies, has acquired 2,50,000 equity shares (0.81% of total share capital) from his mother Mrs. Akepati Manogna by way of a gift on 10 June 2025. The transfer was done off-market as an inter-se transfer between immediate relatives within the promoter group. Before this transaction, Pranay Reddy held zero shares in the company; after the acquisition he holds 2,50,000 shares representing 0.81% of voting capital. The total share capital of MTAR remains unchanged at 3,07,59,591 equity shares of Rs. 10 each. This is purely a reshuffling of holdings within the promoter family and does not alter the overall promoter group's combined stake in the company.
No material impact on shareholders – this is an internal family transfer between promoter group members, so total promoter holding and public shareholding remain unchanged. No signal for the market in terms of confidence or dilution.