MTAR Technologies has reported a stake sale by promoter Kavitha Reddy Gangapatnam. The transaction involved the sale of 22,741 equity shares through an open market transaction conducted on May 21, 2026. Following this divestment, the promoter’s shareholding in the company has been adjusted, with the post-transaction holding standing at 2,20,000 equity shares, representing approximately 0.72% of the company’s total voting capital.
Details of the Share Sale
MTAR Technologies Limited has disclosed a reduction in equity ownership by promoter Kavitha Reddy Gangapatnam. The divestment of 22,741 shares was executed via the open market on May 21, 2026. This transaction accounts for a reduction of 0.07% of the total voting capital of the company.
Impact on Shareholding Structure
Prior to this sale, the promoter held 2,42,741 shares, which equated to 0.79% of the total voting power. Post-transaction, the holding has been reduced to 2,20,000 shares, bringing the total stake to 0.72%. The total equity share capital of the company remains divided into 3,07,59,591 fully paid-up equity shares of Rs. 10/- each, with a total value of Rs. 30,75,95,910/-.
Source: BSE
