Shareholding29 May 2026, 01:34 pm
MTAR Tech: Saranya Loka Reddy Releases Pledge of 3.45 Lakh Shares
AI Summary
On May 28, 2026, MTAR Technologies Ltd received a disclosure regarding the release of a pledge of 3,45,000 equity shares by Saranya Loka Reddy, as per Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The release involves 3,42,000 shares related to repayment of loan, with 2,42,000 shares from Aditya Birla Capital Limited and 1,00,000 shares from HDFC Bank Limited. Post the event, the number of encumbered shares held is 1,50,000.
Key Highlights
- Saranya Loka Reddy released a pledge of 3,45,000 MTAR Tech equity shares.
- The release is related to the repayment of loan obligations.
- Post-release, 1,50,000 shares remain encumbered.
- Disclosure made under SEBI regulations for substantial share acquisition.
Price Impact
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