Promoter Member Sells Shares of MTAR Technologies Ltd in Open Market
Akepati Praval Reddy, a member of the promoter group at MTAR Technologies Limited, sold Equity Shares on the open market. The disposal of shares was recorded on June 24, 2026.The sale represents part of the holdings held by Mr. Reddy in his capacity as an individual belonging to the company's promoter group.
Key details regarding the transaction and shareholding are summarized below:
| Metric | Details |
|---|---|
| Seller | Akepati Praval Reddy (Promoter Group Member) |
| Transaction Mode | Open Market |
| Date of Sale | 24.06.2026 |
| Shares Sold | 8,089 Equity Shares |
The transaction resulted in a change in the promoter member's holding percentage and share count. Before the sale, Akepati Praval Reddy held 2,03,089 shares, which constituted 0.66% of the total voting capital. After the disposal, his holding reduced to 1,95,000 shares, maintaining a stake of 0.63%.
Despite the sale by the promoter member, the overall equity share capital and total voting capital structure of MTAR Technologies Limited remained consistent post-disposal. The company's equity share capital stands at Rs. 30,75,95,910, divided into 3,07,59,591 fully paid up equity shares of Rs. 10 each.
The transaction details are as follows:
| Stage | Total Shares Held (a) | Percentage Holding (%) |
|---|---|---|
| Before Disposal | 2,03,089 | 0.66% |
| Shares Sold | 8,089 | 0.03% |
| After Disposal | 1,95,000 | 0.63% |
The equity share capital and total voting capital of the company before the sale were Rs. 30,75,95,910/- divided into 3,07,59,591 fully paid up equity shares of Rs. 10/- each. The post-sale data showed no change in the overall total diluted share/voting capital of the company.
MTARTECH Stock Price Movement
On Wednesday, shares of Mtar Technologies Limited slipped by 3.96%, closing at ₹7,777 after shedding ₹322.00. The equity recorded a traded volume of 1.21 million shares throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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