MTARTECHBSEMTAR Technologies LtdMediumNegative
Announced Fri, 5 Jun · 15:32 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Mitta Madhavi

Promoter Stake Sell 1pctOwnership Changes View source PDF

MTARTECH · price

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▲ 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
-1.5%1-day move
₹7580.00
prior close
₹7100.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.8+2.1+1.9+0.5-1.5-6.2-16.6-5.7-3.3+9.8+0.7-10.2
Up moveDown movePending
AI summary

Mitta Madhavi, an individual promoter of MTAR Technologies, sold 17,000 equity shares on the open market between June 3 and June 4, 2026. Her stake in the company reduced marginally from 4.50% to 4.44%, a change of just 0.06%. The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The company's total equity share capital stands at Rs. 30.76 crore divided into 3.07 crore equity shares of Rs. 10 each. Other persons listed as acting in concert include Praveen Kumar Reddy, Pranay Reddy, Praval Reddy, Manogna, Vamshidhar Reddy, Shalini, and Anushman Reddy.

Likely market impact

The size of the sale is very small (0.06% of equity), so it is unlikely to materially affect the stock price or shareholder structure. Retail investors should treat this as routine portfolio rebalancing by an individual promoter rather than a signal of negative sentiment toward the company.