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
31/03/2026
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| (A) Promoter & Promoter Group | 9 | 305,308,981 | 305,308,981 | 32.26 | 32.00 | 27,166,000 | 8.90 | 305,308,981 | | (B) Public | 375,465 | 641,222,672 | 641,222,672 | 67.74 | 68.00 | 0 | 0.00 | 640,647,242 | | (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 | 6 | 262,408,981 | 0 | 262,408,981 | 27.72 | 262,408,981 | | Rashesh Chandrakant Shah | 1 | 156,620,595 | 0 | 156,620,595 | 16.55 | 156,620,595 | | Venkatchalam A Ramaswamy | 1 | 44,516,029 | 0 | 44,516,029 | 4.70 | 44,516,029 | | Vidya Rashesh Shah | 1 | 35,297,357 | 0 | 35,297,357 | 3.73 | 35,297,357 | | Aparna T Chandrashekar | 1 | 24,000,000 | 0 | 24,000,000 | 2.54 | 24,000,000 | | Sneha Sripad Desai | 1 | 1,025,000 | 0 | 1,025,000 | 0.11 | 1,025,000 | | Shilpa Urvish Mody | 1 | 950,000 | 0 | 950,000 | 0.10 | 950,000 | | Arakoni Venkatachalam Ramaswamy | 0 | 0 | 0 | 0 | 0.00 | 0 | | Kaavya Venkat Arakoni | 0 | 0 | 0 | 0 | 0.00 | 0 | | Neel Rashesh Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 2 | 41,950,000 | 0 | 41,950,000 | 4.43 | 41,950,000 | | Mabella Trustee Services Private Limited (on behalf of M/s. Shah Family Discretionary Trust) | 1 | 38,750,000 | 0 | 38,750,000 | 4.09 | 38,750,000 | | Spire Investment Advisors Llp | 1 | 3,200,000 | 0 | 3,200,000 | 0.34 | 3,200,000 | | Sub Total | 8 | 304,358,981 | 0 | 304,358,981 | 32.15 | 304,358,981 | |
| Individuals (Non-Resident Individuals/ Foreign Individuals) | 1 | 950,000 | 0 | 950,000 | 0.10 | 950,000 | | Sejal Premal Parekh | 1 | 950,000 | 0 | 950,000 | 0.10 | 950,000 | | Avanti Rashesh Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 1 | 950,000 | 0 | 950,000 | 0.10 | 950,000 | | Grand Total | 9 | 305,308,981 | 0 | 305,308,981 | 32.25 | 305,308,981 | |
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| Mutual Funds | 9 | 9,599,265 | 0 | 9,599,265 | 1.01 | 9,599,265 | | Insurance Companies | 1 | 24,282,094 | 0 | 24,282,094 | 2.57 | 24,282,094 | | Life Insurance Corporation Of India | 1 | 24,282,094 | 0 | 24,282,094 | 2.57 | 0 | | Alternate Investment Funds | 30 | 26,714,082 | 0 | 26,714,082 | 2.82 | 26,714,082 | | NBFCs registered with RBI | 5 | 169,100 | 0 | 169,100 | 0.02 | 169,100 | | Banks | 1 | 531 | 0 | 531 | 0.00 | 531 | | Foreign Portfolio Investors Category I | 119 | 142,180,775 | 0 | 142,180,775 | 15.02 | 142,180,775 | | College Retirement Equities Fund - Stock Account | 1 | 23,598,415 | 0 | 23,598,415 | 2.49 | 23,598,415 | | Pabrai Wagons Fund | 1 | 14,572,000 | 0 | 14,572,000 | 1.54 | 14,572,000 | | Arjuna Fund Pte. Ltd. | 1 | 10,156,203 | 0 | 10,156,203 | 1.07 | 10,156,203 | | Nuveen Emerging Markets Equity Fund | 1 | 10,091,582 | 0 | 10,091,582 | 1.07 | 10,091,582 | | Other Financial Institutions | 1 | 356,418 | 0 | 356,418 | 0.04 | 356,418 | | Foreign Portfolio Investors Category II | 26 | 37,969,431 | 0 | 37,969,431 | 4.01 | 37,969,431 | | 1729 Capital | 1 | 10,582,330 | 0 | 10,582,330 | 1.12 | 10,582,330 | | The Miri Strategic Emerging Markets Fund Lp | 1 | 9,727,526 | 0 | 9,727,526 | 1.03 | 9,727,526 | | Other Foreign Institutions | 1 | 69,333 | 0 | 69,333 | 0.01 | 69,333 | | Foreign Institutional Investors | 1 | 69,333 | 0 | 69,333 | 0.01 | 69,333 | | Sub Total | 193 | 241,341,029 | 0 | 241,341,029 | 25.50 | 241,341,029 | |
| Any Others (Specify) | 15,481 | 21,864,134 | 0 | 21,864,134 | 2.31 | 21,864,134 | | HUF | 15,231 | 11,103,902 | 0 | 11,103,902 | 1.17 | 11,103,902 | | LLP | 169 | 7,529,860 | 0 | 7,529,860 | 0.80 | 7,529,860 | | Clearing Members | 67 | 1,929,197 | 0 | 1,929,197 | 0.20 | 1,929,197 | | Trusts | 14 | 1,301,175 | 0 | 1,301,175 | 0.14 | 1,301,175 | | ESOP or ESOS or ESPS | 0 | 0 | 0 | 0 | 0.00 | 0 | | Bodies Corporate | 1,074 | 59,409,596 | 0 | 59,409,596 | 6.28 | 59,409,596 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 355,200 | 155,497,993 | 0 | 155,497,993 | 16.43 | 155,477,563 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 166 | 125,719,170 | 0 | 125,719,170 | 13.28 | 125,719,170 | | Non Resident Indians (NRIs) | 3,343 | 37,002,571 | 0 | 37,002,571 | 3.91 | 36,447,571 | | Deven Pravinchandra Waghani | 1 | 9,607,496 | 0 | 9,607,496 | 1.02 | 9,607,496 | | Foreign Companies | 1 | 78,000 | 0 | 78,000 | 0.01 | 78,000 | | Key Managerial Personnel | 2 | 121,952 | 0 | 121,952 | 0.01 | 121,952 | | Investor Education and Protection Fund (IEPF) | 1 | 174,636 | 0 | 174,636 | 0.02 | 174,636 | | Foreign Nationals | 2 | 6,001 | 0 | 6,001 | 0.00 | 6,001 | | Sub Total | 375,270 | 399,874,053 | 0 | 399,874,053 | 42.25 | 399,298,623 | |
| Central Government / President of India | 1 | 5,000 | 0 | 5,000 | 0.00 | 5,000 | | State Government / Governor | 1 | 2,590 | 0 | 2,590 | 0.00 | 2,590 | | Sub Total | 2 | 7,590 | 0 | 7,590 | 0.00 | 7,590 | |
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