You can view the shareholding pattern for the latest three quarters for the company
under two broad categories (Promoter & Non Promters).
Shareholding Pattern as on
31/12/2025
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| (A) Promoter & Promoter Group | 6 | 181,880,419 | 181,880,419 | 72.45 | 72.45 | 37,594,900 | 20.67 | 181,880,419 | | (B) Public | 19,225 | 69,156,481 | 69,156,481 | 27.55 | 27.55 | 0 | 0.00 | 69,156,481 | | (C1) Shares underlying DRs | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 | | (C2) Shares held by Employee Trust | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 | | (C) Non Promoter-Non Public | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 |
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| Individuals / Hindu Undivided Family | 2 | 40,314,629 | 0 | 40,314,629 | 16.06 | 40,314,629 | | PRAVINKUMAR BRIJENDRAKUMAR AGARWAL | 1 | 34,784,489 | 0 | 34,784,489 | 13.86 | 34,784,489 | | JYOTSNA AGARWAL | 1 | 5,530,140 | 0 | 5,530,140 | 2.20 | 5,530,140 | | Any Other (specify) | 4 | 141,565,790 | 0 | 141,565,790 | 56.39 | 141,565,790 | | YASHVIKRAM INFRASTRUCTURE PRIVATE LIMITED | 1 | 57,276,450 | 0 | 57,276,450 | 22.82 | 57,276,450 | | GARUDA AVIATION SERVICES PRIVATE LIMITED | 1 | 53,707,000 | 0 | 53,707,000 | 21.39 | 53,707,000 | | AYESSPEA HOLDINGS AND INVESTMENTS PRIVATE LIMITED | 1 | 26,582,340 | 0 | 26,582,340 | 10.59 | 26,582,340 | | DEEPA TRAVEL PVT LTD | 1 | 4,000,000 | 0 | 4,000,000 | 1.59 | 4,000,000 | | Grand Total | 6 | 181,880,419 | 0 | 181,880,419 | 72.45 | 181,880,419 | |
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| Mutual Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Insurance Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Venture Capital Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Venture Capital Investors | 0 | 0 | 0 | 0 | 0.00 | 0 | | Provident Funds/ Pension Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Alternate Investment Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | NBFCs registered with RBI | 0 | 0 | 0 | 0 | 0.00 | 0 | | Overseas Depositories (holding DRs) (balancing figure) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Banks | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category I | 0 | 0 | 0 | 0 | 0.00 | 0 | | Other Financial Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category II | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sovereign Wealth Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Asset reconstruction companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Direct Investment | 0 | 0 | 0 | 0 | 0.00 | 0 | | Other Foreign Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (Institutions - Domestic) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Any Others (Specify) | 98 | 302,178 | 0 | 302,178 | 0.12 | 302,178 | | HUF | 96 | 302,112 | 0 | 302,112 | 0.12 | 302,112 | | LLP | 2 | 66 | 0 | 66 | 0.00 | 66 | | Bodies Corporate | 27 | 49,861,619 | 0 | 49,861,619 | 19.86 | 49,861,619 | | MASTER MERCHANTS PVT LTD | 1 | 27,739,500 | 0 | 27,739,500 | 11.05 | 27,739,500 | | SACHET EXPORTS PRIVATE LIMITED | 1 | 18,885,940 | 0 | 18,885,940 | 7.52 | 18,885,940 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 19,035 | 6,300,278 | 0 | 6,300,278 | 2.51 | 6,300,278 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2 | 12,585,909 | 0 | 12,585,909 | 5.01 | 12,585,909 | | SATISH TANAJI LAD | 1 | 11,902,210 | 0 | 11,902,210 | 4.74 | 11,902,210 | | Non Resident Indians (NRIs) | 63 | 106,497 | 0 | 106,497 | 0.04 | 106,497 | | Foreign Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Key Managerial Personnel | 0 | 0 | 0 | 0 | 0.00 | 0 | | Investor Education and Protection Fund (IEPF) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Directors and their relatives (excluding independent directors and nominee directors) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Nationals | 0 | 0 | 0 | 0 | 0.00 | 0 | | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Associate companies / Subsidiaries | 0 | 0 | 0 | 0 | 0.00 | 0 | | Trusts where any person belonging to 'Promoter and Promoter Group' category is 'trustee', 'beneficiary', or 'author of the trust' | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 19,225 | 69,156,481 | 0 | 69,156,481 | 27.54 | 69,156,481 | |
| Central Government / President of India | 0 | 0 | 0 | 0 | 0.00 | 0 | | State Government / Governor | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 19,225 | 69,156,481 | 0 | 69,156,481 | 27.54 | 69,156,481 | |
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| Custodian/DR Holder | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Employee Benefit Trust | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
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