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