MTAR Technologies Ltd

MTAR Technologies Ltd has announced an amendment to a previously disclosed purchase order. The original order, valued at USD 238.76 million (approx. ₹2278.96 Crores), has been revised upwards. The amended purchase order is now worth USD 324.62 million (approx. ₹3100.09 Crores). This represents an incremental order value of USD 85.86 million (approx. ₹819.94 Crores). The company cannot disclose the customer's name due to confidentiality agreements. The order is from an existing customer, and the execution timeline is yet to be decided.

MTAR Technologies Ltd announced its unaudited consolidated financial results for the first quarter of FY27, reporting a significant year-on-year growth. Revenue from operations increased by 130.4% to ₹360.7 Cr from ₹156.6 Cr in Q1 FY26. EBITDA saw a substantial rise of 199.7% to ₹85.1 Cr compared to ₹28.4 Cr in the prior year period. Profit Before Tax grew by 355.0% to ₹67.4 Cr, and Profit After Tax increased by 364.5% to ₹50.2 Cr. Sequentially, revenue grew 17.9% QoQ and EBITDA by 37.6% QoQ. The company highlighted that its performance is in line with growth guidance and that it is at an inflection point with key business verticals poised for future growth.

MTAR Technologies Limited announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors also approved the re-appointment of two directors, Mr. Rohith Loka Reddy and Mr. Anushman Reddy. Additionally, the company provided details for its upcoming Annual General Meeting (AGM) scheduled for September 28, 2026, and appointed scrutinizers for the e-voting process. The company also noted the ongoing merger process of its wholly-owned subsidiaries, Gee Pee Aerospace and Defence Private Limited and Magnatar Aero Systems Private Limited.

MTAR Technologies Limited's Board of Directors met on July 29, 2026, to approve the un-audited financial results (standalone and consolidated) for the quarter ended June 30, 2026. The board also approved limited review reports, re-appointed Mr. Rohith Loka Reddy and Mr. Anushman Reddy as directors, and finalized details for the upcoming Annual General Meeting (AGM) for FY 2025-26, scheduled for September 28, 2026. The company also appointed M/s. S.S. Reddy & Associates as scrutinizers for the e-voting process at the AGM.

MTAR Technologies Ltd has announced that its Board of Directors will convene on July 29, 2026, to consider and approve the un-audited financial results for the quarter ended June 30, 2026. The meeting will also review the limited review report for the same period. The trading window for company shares will remain closed until 48 hours after the declaration of these financial results, affecting all designated persons and their immediate relatives.

MTAR Technologies Limited announced that promoter A. Manogna has released 1,25,000 equity shares that were pledged with Bajaj Financial Securities Limited. The release occurred on May 22, 2026, and was reported to the stock exchanges on July 13, 2026. This action reduces the promoter's encumbered shareholding from 0.41% to 0.00%. The shares were originally pledged for repayment of a loan. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

MTAR Technologies Limited has received a revised disclosure under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, from promoter Kavitha Reddy Gangapatnam. The revision pertains to the release of a pledge on 1,77,000 equity shares. The original disclosure inadvertently mentioned the transaction date as June 27, 2026, instead of May 27, 2026. The corrected disclosure confirms the transaction date as May 27, 2026, with no other changes to the information provided. This filing is a correction of a previous disclosure related to encumbrance on promoter shares.

Saranya Loka Reddy, a promoter of MTAR Technologies Limited, has released 45,000 equity shares that were pledged with Aditya Birla Money Limited. The release occurred on June 29, 2026. This action is reported under SEBI's Substantial Acquisition of Shares & Takeovers Regulations, 2011. Following the release, Saranya Loka Reddy's direct holding in MTAR Technologies is now 2,65,000 shares, representing 0.86% of the total share capital. The promoter category also includes PACs with a combined holding of 1.63%.

Northeast Broking Services Ltd, a promoter group member of MTAR Technologies Limited, has disclosed the sale of 2,500 equity shares. The transaction, conducted via the open market, resulted in a decrease in their holding from 0.04% to 0.03% of the total share capital. The sale amounts to ₹30,75,95,910. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

MTAR Technologies Limited has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The trading window will be shut from July 1, 2026, and will reopen 48 hours after the declaration of the un-audited financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent insider trading during the sensitive period leading up to financial result announcements.