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 | 1 | 45,577,433 | 45,577,433 | 68.43 | 70.12 | 7,496,592 | 16.45 | 45,577,433 | | (B) Public | 10,204 | 21,024,623 | 21,024,623 | 31.57 | 29.88 | 0 | 0.00 | 20,940,082 | | (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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| Any Other (specify) | 1 | 45,577,433 | 0 | 45,577,433 | 68.43 | 45,577,433 | | INDOCREST DEFENCE SOLUTIONS PVT LTD | 1 | 45,577,433 | 0 | 45,577,433 | 68.43 | 45,577,433 | | Grand Total | 1 | 45,577,433 | 0 | 45,577,433 | 68.43 | 45,577,433 | |
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| Mutual Funds | 1 | 85 | 0 | 85 | 0.00 | 0 | | Insurance Companies | 2 | 577,226 | 0 | 577,226 | 0.87 | 577,226 | | Banks | 3 | 625 | 0 | 625 | 0.00 | 0 | | Foreign Portfolio Investors Category I | 2 | 24,774 | 0 | 24,774 | 0.04 | 24,774 | | Foreign Portfolio Investors Category II | 1 | 2,912 | 0 | 2,912 | 0.00 | 2,912 | | Sub Total | 9 | 605,622 | 0 | 605,622 | 0.91 | 604,912 | |
| Any Others (Specify) | 414 | 4,239,259 | 0 | 4,239,259 | 6.37 | 4,238,740 | | HUF | 383 | 3,853,477 | 0 | 3,853,477 | 5.79 | 3,853,477 | | GIRISH GULATI HUF | 1 | 2,855,567 | 0 | 2,855,567 | 4.29 | 2,855,567 | | Clearing Members | 13 | 259,606 | 0 | 259,606 | 0.39 | 259,606 | | LLP | 11 | 125,400 | 0 | 125,400 | 0.19 | 125,400 | | Employees | 5 | 579 | 0 | 579 | 0.00 | 107 | | Trusts | 1 | 150 | 0 | 150 | 0.00 | 150 | | Unclaimed or Suspense or Escrow Account | 1 | 47 | 0 | 47 | 0.00 | 0 | | Bodies Corporate | 122 | 3,676,258 | 0 | 3,676,258 | 5.52 | 3,675,962 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 9,443 | 4,577,809 | 0 | 4,577,809 | 6.87 | 4,494,793 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 58 | 7,754,206 | 0 | 7,754,206 | 11.64 | 7,754,206 | | SUMIT MAZUMDER | 1 | 2,153,568 | 0 | 2,153,568 | 3.23 | 2,153,568 | | Non Resident Indians (NRIs) | 157 | 84,491 | 0 | 84,491 | 0.13 | 84,491 | | Investor Education and Protection Fund (IEPF) | 1 | 86,978 | 0 | 86,978 | 0.13 | 86,978 | | Sub Total | 10,195 | 20,419,001 | 0 | 20,419,001 | 30.66 | 20,335,170 | |
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