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 | 1 | 119,441,430 | 119,441,430 | 70.24 | 69.91 | 0 | 0.00 | 119,441,430 | | (B) Public | 88,064 | 50,603,055 | 50,603,055 | 29.76 | 30.09 | 542,653 | 1.07 | 49,390,910 | | (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) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Steel Metal Trading Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Any Others (Specify) | 1 | 119,441,430 | 0 | 119,441,430 | 70.24 | 119,441,430 | | Essar Telecom Limited | 1 | 119,441,430 | 0 | 119,441,430 | 70.24 | 119,441,430 | | Equinox Capital Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Equinox Realty Holdings Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Global Fund Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Global Holdings Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Global Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Investment Holdings Mauritius Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 1 | 119,441,430 | 0 | 119,441,430 | 70.24 | 119,441,430 | |
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| Mutual Funds | 7 | 14,188 | 0 | 14,188 | 0.01 | 618 | | Insurance Companies | 2 | 1,000 | 0 | 1,000 | 0.00 | 0 | | Alternate Investment Funds | 4 | 47,662 | 0 | 47,662 | 0.03 | 47,662 | | Banks | 3 | 3,000 | 0 | 3,000 | 0.00 | 2,000 | | Foreign Portfolio Investors Category I | 60 | 7,022,319 | 0 | 7,022,319 | 4.13 | 7,022,319 | | INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STRATEGY | 1 | 4,851,728 | 0 | 4,851,728 | 2.85 | 4,851,728 | | Foreign Portfolio Investors Category II | 9 | 153,249 | 0 | 153,249 | 0.09 | 153,249 | | Sub Total | 85 | 7,241,418 | 0 | 7,241,418 | 4.26 | 7,225,848 | |
| Any Others (Specify) | 1,193 | 5,751,849 | 0 | 5,751,849 | 3.38 | 5,751,849 | | LLP | 48 | 4,302,596 | 0 | 4,302,596 | 2.53 | 4,302,596 | | CITOC INVESTMENT SERVICES LLP | 1 | 2,992,926 | 0 | 2,992,926 | 1.76 | 2,992,926 | | HUF | 1,139 | 1,411,452 | 0 | 1,411,452 | 0.83 | 1,411,452 | | Trusts | 4 | 35,661 | 0 | 35,661 | 0.02 | 35,661 | | Clearing Members | 1 | 140 | 0 | 140 | 0.00 | 140 | | Unclaimed or Suspense or Escrow Account | 1 | 2,000 | 0 | 2,000 | 0.00 | 2,000 | | Bodies Corporate | 364 | 5,687,873 | 0 | 5,687,873 | 3.34 | 5,678,843 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 85,534 | 16,813,733 | 0 | 16,813,733 | 9.89 | 15,909,493 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 29 | 11,127,603 | 0 | 11,127,603 | 6.54 | 11,070,628 | | SUBODH MASKARA | 1 | 4,544,345 | 0 | 4,544,345 | 2.67 | 4,544,345 | | Non Resident Indians (NRIs) | 851 | 413,204 | 0 | 413,204 | 0.24 | 402,204 | | Foreign Companies | 2 | 2,000 | 0 | 2,000 | 0.00 | 0 | | Investor Education and Protection Fund (IEPF) | 1 | 722,005 | 0 | 722,005 | 0.42 | 722,005 | | Directors and their relatives (excluding independent directors and nominee directors) | 4 | 2,630,040 | 0 | 2,630,040 | 1.55 | 2,630,040 | | SANJEEV S VERMA | 1 | 2,134,985 | 0 | 2,134,985 | 1.26 | 2,134,985 | | Sub Total | 87,978 | 43,148,307 | 0 | 43,148,307 | 25.36 | 42,165,062 | |
| Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 1 | 213,330 | 0 | 213,330 | 0.13 | 0 | | Sub Total | 1 | 213,330 | 0 | 213,330 | 0.13 | 0 | |
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