K Vamshidhar Reddy, a member of the promoter group at MTAR Technologies, has offloaded 100,000 equity shares in the open market. This transaction, executed on May 21, 2026, has resulted in a marginal reduction of his total holding in the company. Following the sale, the promoter’s stake in the firm stands at 5.70%, down from the previous level of 6.03%.
Details of Share Sale
MTAR Technologies has reported a stake sale by a key promoter. K Vamshidhar Reddy executed the disposal of 100,000 equity shares through an open market transaction. This strategic sale took place on May 21, 2026, and is part of regular portfolio adjustments within the promoter group.
Impact on Promoter Holding
Prior to this transaction, the promoter held 18,56,087 shares, representing a 6.03% stake in the total share capital of the company. Post-disposal, the holdings have been adjusted to 17,56,087 shares, bringing the total promoter stake to 5.70%. The total equity capital of the company remains unchanged, comprising 3,07,59,591 fully paid-up equity shares of face value ₹10 each.
About the Transaction
The sale was conducted entirely through open market trading. This disclosure ensures transparency regarding the changes in the shareholding pattern for stakeholders and investors, confirming that the company’s total diluted share and voting capital remains consistent with its recent filings.
Source: BSE
