The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Kiran Thummalapalli
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Kiran Thummalapalli, Executive Director and part of the promoter group of Mudunuru Limited, bought 65,451 equity shares through open market purchases between February 24 and February 25, 2026. His stake in the company rose from 20,75,330 shares (6.34%) to 21,40,781 shares (6.54%) of total equity capital. The company's total equity share capital is Rs. 6.54 crore, divided into 3.27 crore fully paid-up shares of Rs. 2 each. The transaction was disclosed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The purchase was made across both BSE and Calcutta Stock Exchange, where Mudunuru is listed.
A promoter increasing his personal stake through open market buying is generally viewed as a confidence signal in the company's prospects. However, the size of the increase is small (about 0.20 percentage points) and the overall holding remains modest at 6.54%, so the price impact is likely to be limited.