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, purchased 50,415 equity shares via the open market between 17 February 2026 and 23 February 2026. His holding increased from 20,24,915 shares (6.19% of total share capital) to 20,75,330 shares (6.34%), a rise of 0.15 percentage points. The disclosure has been filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. Total equity capital of the company remains at Rs. 6.54 crore divided into 3,27,20,000 equity shares of Rs. 2 each.
This is a small insider buy by a promoter, which is generally viewed as a confidence signal. However, the increase is marginal and the promoter's stake remains low at 6.34%, so the impact on stock price is likely to be minimal.