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
11/12/2025
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| (A) Promoter & Promoter Group | 13 | 853,770,953 | 102,452,513 | 956,223,466 | 73.97 | 73.97 | 7,700,000 | 0.81 | 956,223,466 | | (B) Public | 624,855 | 300,409,776 | 36,049,174 | 336,458,950 | 26.03 | 26.03 | 0 | 0.00 | 336,344,511 | | (C1) Shares underlying DRs | 0 | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 | | (C2) Shares held by Employee Trust | 0 | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 | | (C) Non Promoter-Non Public | 0 | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 |
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| Individuals / Hindu Undivided Family | 3 | 573,333,494 | 0 | 642,133,513 | 49.67 | 642,133,513 | | Gautambhai Shantilal Adani | 1 | 573,333,493 | 0 | 642,133,512 | 49.67 | 642,133,512 | | Rajeshbhai Shantilal Adani | 1 | 1 | 0 | 1 | 0.00 | 1 | | Any Other (specify) | 1 | 99,491,719 | 0 | 111,430,725 | 8.62 | 111,430,725 | | Adani Tradeline Private Limited | 1 | 99,491,719 | 0 | 111,430,725 | 8.62 | 111,430,725 | | Sub Total | 4 | 672,825,213 | 0 | 753,564,238 | 58.29 | 753,564,238 | |
| Any Others (Specify) | 9 | 180,945,740 | 0 | 202,659,228 | 15.68 | 202,659,228 | | Kempas Trade And Investment Ltd | 1 | 37,024,300 | 0 | 41,467,216 | 3.21 | 41,467,216 | | Flourishing Trade And Investment Ltd | 1 | 33,937,700 | 0 | 38,010,224 | 2.94 | 38,010,224 | | Afro Asia Trade And Investments Limited | 1 | 30,249,700 | 0 | 33,879,664 | 2.62 | 33,879,664 | | Worldwide Emerging Market Holding Limited | 1 | 30,249,700 | 0 | 33,879,664 | 2.62 | 33,879,664 | | Infinite Trade And Investment Ltd | 1 | 24,303,200 | 0 | 27,219,584 | 2.11 | 27,219,584 | | Emerging Market Investment Dmcc | 1 | 19,195,000 | 0 | 21,498,400 | 1.66 | 21,498,400 | | Spitze Trade And Investment Limited | 1 | 3,986,000 | 0 | 4,464,320 | 0.35 | 4,464,320 | | Hibiscus Trade And Investment Ltd | 1 | 2,000,000 | 0 | 2,240,000 | 0.17 | 2,240,000 | | Gelt Bery Trade And Investment Ltd | 1 | 140 | 0 | 156 | 0.00 | 156 | | Sub Total | 9 | 180,945,740 | 0 | 202,659,228 | 15.68 | 202,659,228 | | Grand Total | 13 | 853,770,953 | 0 | 956,223,466 | 73.97 | 956,223,466 | |
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| Mutual Funds | 33 | 24,525,518 | 0 | 33,315,573 | 2.58 | 33,315,573 | | Insurance Companies | 19 | 49,168,338 | 0 | 49,924,843 | 3.86 | 49,924,843 | | Life Insurance Corporation Of India - P & Gs Fund | 1 | 47,080,423 | 0 | 47,080,423 | 3.64 | 47,080,423 | | 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 | 26 | 579,816 | 0 | 1,199,306 | 0.09 | 1,199,306 | | NBFCs registered with RBI | 6 | 14,955 | 0 | 17,610 | 0.00 | 17,610 | | Overseas Depositories (holding DRs) (balancing figure) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Banks | 1 | 150 | 0 | 150 | 0.00 | 150 | | Foreign Portfolio Investors Category I | 418 | 109,431,873 | 0 | 123,289,404 | 9.54 | 123,289,404 | | Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund | 1 | 24,452,293 | 0 | 27,386,568 | 2.12 | 27,386,568 | | Gqg Partners Emerging Markets Equity Fund | 1 | 20,193,212 | 0 | 22,616,397 | 1.75 | 22,616,397 | | Other Financial Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category II | 40 | 26,625,069 | 0 | 29,186,032 | 2.26 | 29,186,032 | | 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 | 543 | 210,345,719 | 0 | 236,932,918 | 18.33 | 236,932,918 | |
| Any Others (Specify) | 9,493 | 2,596,724 | 0 | 3,969,315 | 0.31 | 3,969,315 | | Clearing Members | 88 | 475,281 | 0 | 1,447,228 | 0.11 | 1,447,228 | | HUF | 9,166 | 1,237,726 | 0 | 1,448,467 | 0.11 | 1,448,467 | | LLP | 232 | 882,674 | 0 | 1,072,505 | 0.08 | 1,072,505 | | Trusts | 7 | 1,043 | 0 | 1,115 | 0.00 | 1,115 | | Bodies Corporate | 1,933 | 7,722,570 | 0 | 10,743,038 | 0.83 | 10,743,038 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 601,394 | 33,327,963 | 0 | 37,118,515 | 2.87 | 37,004,076 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 10 | 3,785,428 | 0 | 4,885,269 | 0.38 | 4,885,269 | | Non Resident Indians (NRIs) | 11,474 | 1,955,782 | 0 | 2,106,088 | 0.16 | 2,106,088 | | Foreign Companies | 1 | 40,191,038 | 0 | 40,191,038 | 3.11 | 40,191,038 | | Green Enterprises Investment Holding Rsc Limited | 1 | 40,191,038 | 0 | 40,191,038 | 3.11 | 40,191,038 | | Key Managerial Personnel | 1 | 700 | 0 | 865 | 0.00 | 865 | | Investor Education and Protection Fund (IEPF) | 1 | 257,538 | 0 | 257,538 | 0.02 | 257,538 | | Directors and their relatives (excluding independent directors and nominee directors) | 2 | 226,100 | 0 | 254,152 | 0.02 | 254,152 | | Foreign Nationals | 3 | 214 | 0 | 214 | 0.00 | 214 | | 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 | 624,312 | 90,064,057 | 0 | 99,526,032 | 7.70 | 99,411,593 | |
| 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 | 624,855 | 300,409,776 | 0 | 336,458,950 | 26.03 | 336,344,511 | |
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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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