Motilal Oswal Asset Management Company Limited, acting as the investment manager for various Motilal Oswal Mutual Fund schemes, has disclosed an increase in its shareholding in MTAR Technologies Limited. This acquisition, executed via market transactions, has brought the total holding of these schemes to 5.0813% of the total share capital. The transaction occurred on October 21, 2026, and the disclosure was made on October 26, 2026.
Motilal Oswal Funds Acquire MTAR Technologies Shares
Motilal Oswal Asset Management Company Limited, on behalf of its diversified mutual fund schemes, has officially reported an acquisition of shares in MTAR Technologies Limited. This move signifies an increased stake by these institutional investors in the target company.
Details of the Acquisition
The acquisition was carried out through market transactions, reflecting the funds’ strategy to enhance their investment in MTAR Technologies. Prior to this acquisition, the combined holding of the Motilal Oswal Mutual Fund schemes stood at 4.9179% of the total share capital. Following the transaction, the total holding has risen to 5.0813%, crossing a key threshold. The number of shares acquired in this transaction was 50,264, bringing the total number of shares held to 15,62,979.
Transaction Timeline
The shares were acquired on October 21, 2026. The formal disclosure of this acquisition, as required by regulations, was submitted on October 26, 2026. The total equity share capital of MTAR Technologies Limited before and after the acquisition remains unchanged at 3,07,59,591 equity shares of face value ₹10 each.
Source: BSE
