FilingReader Intelligence

MTAR Technologies promoter pledges shares for finance

September 27, 2025 at 12:09 PM UTCBy FilingReader AI

MTAR Technologies Limited announced on September 27, 2025, that Akepati Manogna Reddy, a promoter, encumbered 125,000 (0.41%) equity shares. This disclosure was made under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The shares were pledged with Bajaj Financial Securities Limited on September 24, 2025. This transaction is categorized as a "Pledge" for "Finance" purposes, indicating the shares are being used as collateral for a loan or similar financial arrangement.

Prior to this event, Akepati Manogna Reddy held 911,889 equity shares, with no prior encumbrances. Following the creation of this pledge, the total encumbered shares for Akepati Manogna Reddy now stand at 125,000 (0.41%) of the total share capital. The reporting date for this event was September 25, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:MTARTECHBombay Stock Exchange

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