Akepati Pranay Reddy, a member of the promoter group at MTAR Technologies Limited, has completed the sale of 60,000 equity shares through an open market transaction. This divestment, executed between May 19, 2026, and May 20, 2026, represents a reduction of 0.20% in his holding. Post-transaction, his total stake in the company stands at 1,90,000 shares, equivalent to 0.61% of the total equity capital.
Transaction Details
Akepati Pranay Reddy, identified as part of the promoter group for MTAR Technologies Limited, has offloaded 60,000 equity shares of the company. The shares were sold in the open market over a two-day period, specifically from May 19, 2026, to May 20, 2026.
Impact on Promoter Shareholding
Prior to this disposal, the promoter held 2,50,000 shares, which accounted for 0.81% of the company’s total voting capital. Following the sale of 60,000 shares, the holding has been adjusted to 1,90,000 shares, resulting in a revised stake of 0.61% in the organization.
Company Capital Structure
As per the disclosure, the total equity share capital of MTAR Technologies Limited remains unchanged at Rs. 30,75,95,910/-. This capital is divided into 3,07,59,591 fully paid-up equity shares with a face value of Rs. 10/- each.
Source: BSE
