MTAR Technologies has reported a stake sale by one of its promoters, A Manogna. The promoter sold 30,000 equity shares in the open market between May 20, 2026, and May 21, 2026. Following this transaction, the promoter’s holding in the company has decreased from 2.81% to 2.71%. The total equity capital of the company remains unchanged at 3,07,59,591 shares.
Details of Stake Sale
Promoter A Manogna has executed an open market sale of 30,000 equity shares of MTAR Technologies. This transaction was completed over two days, concluding on May 21, 2026. As a result of this disposal, the promoter’s individual shareholding has been adjusted to reflect a reduction in total ownership.
Impact on Shareholding Pattern
Prior to the sale, A Manogna held 8,63,497 shares, representing a 2.81% stake in the company. Following the sale of 30,000 shares, the holding stands at 8,33,497 shares, which accounts for 2.71% of the total voting capital. The company’s overall equity structure remains stable, with a total paid-up capital of 3,07,59,591 shares, each with a face value of Rs. 10.
Company Context
MTAR Technologies continues to operate with its established promoter group, which includes K Shalini, Mitta Madhavi, Anushman Reddy, K Vamshidhar Reddy, A Praval Reddy, and A Pranay Reddy. The recent share sale by A Manogna represents a minor adjustment in the individual holdings within the promoter group, with no further changes to the company’s operational or financial capital structure reported.
Source: BSE
