MTAR Tech Clarifies No Order Cancellation Rumors

MTAR Technologies has responded to a BSE query regarding a news item on CNBC-TV18 about potential order cancellations. The company clarified that its Managing Director, Mr. Parvat Srinivas Reddy, stated during a June 12, 2026 interaction that no communication regarding order cancellation, reduction, deferment, or pause has been received from any customer. The order book remains healthy, capacity expansion plans are on track, and delivery schedules are being met. The company emphasized that rumors of cancellations are not based on official communication and confirmed no undisclosed material events or regulatory/legal proceedings that would impact its stock price or volume. MTAR Technologies reiterated its commitment to regulatory compliance and timely disclosures.