Kiran Thummalapalli Increases Stake in Mudunuru Ltd Through Open Market Purchases
Mudunuru Ltd announced that Kiran Thummalapalli, an acquirer and promoter of the company, increased his shareholding through open market purchases between February 26, 2026, and March 23, 2026.According to disclosures made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Thummalapalli acquired 36,115 shares of Mudunuru Ltd. This acquisition represents a 0.11% increase in his shareholding.
Prior to the acquisition, Thummalapalli held 21,40,781 shares, representing 6.54% of the company’s total share/voting capital and 6.54% of the diluted share/voting capital. Post-acquisition, his holding increased to 21,76,896 shares, representing 6.65% of the total share/voting capital and 6.65% of the diluted share/voting capital.
Mudunuru Ltd has a total equity share capital of Rs. 6,54,40,000, divided into 3,27,20,000 fully paid up equity shares of Rs. 2 each.
The acquired shares are encumbered with 21,76,896 shares.
Madhusudan Raju Mudunuru, Managing Director of Mudunuru Ltd, confirmed the disclosure.
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