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
30/09/2025
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| (A) Promoter & Promoter Group | 11 | 442,773,950 | 442,773,950 | 84.02 | 84.02 | 442,773,950 | | (B) Public | 53,903 | 84,197,110 | 84,197,110 | 15.98 | 15.98 | 84,113,000 | | (C1) Shares underlying DRs | 0 | 0 | 0 | 0.00 | 0.00 | 0 | | (C2) Shares held by Employee Trust | 0 | 0 | 0 | 0.00 | 0.00 | 0 | | (C) Non Promoter-Non Public | 0 | 0 | 0 | 0.00 | 0.00 | 0 |
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| Individuals / Hindu Undivided Family | 9 | 245,000,000 | 0 | 245,000,000 | 46.49 | 245,000,000 | | Himanshu Jayantilal Shah | 1 | 80,000,000 | 0 | 80,000,000 | 15.18 | 80,000,000 | | Rakesh Ramanlal Shah | 1 | 35,000,000 | 0 | 35,000,000 | 6.64 | 35,000,000 | | Shaishav Rakeshkumar Shah | 1 | 30,000,000 | 0 | 30,000,000 | 5.69 | 30,000,000 | | Bankim Jayantilal Shah | 1 | 20,000,000 | 0 | 20,000,000 | 3.80 | 20,000,000 | | Bela Himanshu Shah | 1 | 20,000,000 | 0 | 20,000,000 | 3.80 | 20,000,000 | | Kinnari Vaibhav Shah | 1 | 20,000,000 | 0 | 20,000,000 | 3.80 | 20,000,000 | | Vaibhav Jayantilal Shah | 1 | 20,000,000 | 0 | 20,000,000 | 3.80 | 20,000,000 | | Anushree Himanshu Shah | 1 | 10,000,000 | 0 | 10,000,000 | 1.90 | 10,000,000 | | Vrushali Himanshu Shah | 1 | 10,000,000 | 0 | 10,000,000 | 1.90 | 10,000,000 | | Any Other (specify) | 2 | 197,773,950 | 0 | 197,773,950 | 37.53 | 197,773,950 | | GSEC Limited | 1 | 156,386,970 | 0 | 156,386,970 | 29.68 | 156,386,970 | | Monarch Infraparks Private Limited | 1 | 41,386,980 | 0 | 41,386,980 | 7.85 | 41,386,980 | | Grand Total | 11 | 442,773,950 | 0 | 442,773,950 | 84.02 | 442,773,950 | |
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| Mutual Funds | 5 | 292,212 | 0 | 292,212 | 0.06 | 292,212 | | Alternate Investment Funds | 1 | 100,000 | 0 | 100,000 | 0.02 | 100,000 | | NBFCs registered with RBI | 4 | 115,230 | 0 | 115,230 | 0.02 | 115,230 | | Banks | 1 | 80 | 0 | 80 | 0.00 | 0 | | Foreign Portfolio Investors Category I | 7 | 6,738,709 | 0 | 6,738,709 | 1.28 | 6,738,709 | | Foreign Portfolio Investors Category II | 4 | 760,777 | 0 | 760,777 | 0.14 | 760,777 | | Sub Total | 22 | 8,007,008 | 0 | 8,007,008 | 1.52 | 8,006,928 | |
| Any Others (Specify) | 1,270 | 4,028,428 | 0 | 4,028,428 | 0.76 | 4,027,168 | | HUF | 1,267 | 4,028,228 | 0 | 4,028,228 | 0.76 | 4,026,968 | | Clearing Members | 1 | 30 | 0 | 30 | 0.00 | 30 | | Trusts | 1 | 10 | 0 | 10 | 0.00 | 10 | | Unclaimed or Suspense or Escrow Account | 1 | 160 | 0 | 160 | 0.00 | 160 | | Bodies Corporate | 453 | 27,950,084 | 0 | 27,950,084 | 5.30 | 27,949,434 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 51,581 | 34,445,359 | 0 | 34,445,359 | 6.54 | 34,372,619 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 20 | 7,917,728 | 0 | 7,917,728 | 1.50 | 7,917,728 | | Non Resident Indians (NRIs) | 556 | 1,808,163 | 0 | 1,808,163 | 0.34 | 1,798,783 | | Investor Education and Protection Fund (IEPF) | 1 | 40,340 | 0 | 40,340 | 0.01 | 40,340 | | Sub Total | 53,881 | 76,190,102 | 0 | 76,190,102 | 14.45 | 76,106,072 | |
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