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 | 10 | 45,650,228 | 45,650,228 | 47.79 | 47.79 | 4,040,000 | 8.85 | 45,650,228 | | (B) Public | 36,086 | 49,875,870 | 49,875,870 | 52.21 | 52.21 | 0 | 0.00 | 49,699,887 | | (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 | 28,564,369 | 0 | 28,564,369 | 29.90 | 28,564,369 | | Chetan Navnitlal Shah | 1 | 13,673,814 | 0 | 13,673,814 | 14.31 | 13,673,814 | | Dina Chetan Shah | 1 | 9,202,360 | 0 | 9,202,360 | 9.63 | 9,202,360 | | Manan Chetan Shah | 1 | 4,157,135 | 0 | 4,157,135 | 4.35 | 4,157,135 | | Chaitali Nishit Salot | 1 | 1,258,620 | 0 | 1,258,620 | 1.32 | 1,258,620 | | Himani Chetan Shah | 1 | 142,980 | 0 | 142,980 | 0.15 | 142,980 | | Late Navnital Ratanji Shah | 1 | 129,460 | 0 | 129,460 | 0.14 | 129,460 | | Ankur Hitendra Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Fizzah N Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Natasha Anil Doshi | 0 | 0 | 0 | 0 | 0.00 | 0 | | Nishit Pradip Salot | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 4 | 17,085,859 | 0 | 17,085,859 | 17.89 | 17,085,859 | | Ashapura Industrial Finance Limited | 1 | 16,955,819 | 0 | 16,955,819 | 17.75 | 16,955,819 | | Ashapura Overseas Private Limited | 1 | 125,000 | 0 | 125,000 | 0.13 | 125,000 | | Aeonx Digital Technology Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ahapura Infraport LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Alterra Pavana Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ambica Logistics Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Arana Designs Solutions LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Aseem Minerals LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ashapura Exports Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ashapura Infin Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ashapura Mine Explore Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ashmin Minerals Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Athena Strategic Consultancy Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Aura Alaklies & Chemicals Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Avighna Eco Solutions LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Gurbarga Trading Co Pvt Ltd | 1 | 2,520 | 0 | 2,520 | 0.00 | 2,520 | | Hemprabha Trading Co Pvt Ltd | 1 | 2,520 | 0 | 2,520 | 0.00 | 2,520 | | Indiamco Infrastructure And Real Estate Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Mahagujarat Chamunda Cements Company Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Manico Minerals International Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Manico Resources Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Maxim Global Resources Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Minerva Management Consul-Tech Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Minoraj Logistics LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Minotech Resources LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Saswan Minerals And Chemicals Pvt.Ltd. | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 10 | 45,650,228 | 0 | 45,650,228 | 47.79 | 45,650,228 | |
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| Mutual Funds | 1 | 118,000 | 0 | 118,000 | 0.12 | 118,000 | | Alternate Investment Funds | 4 | 186,691 | 0 | 186,691 | 0.20 | 186,691 | | NBFCs registered with RBI | 2 | 23,600 | 0 | 23,600 | 0.02 | 23,600 | | Banks | 2 | 8,000 | 0 | 8,000 | 0.01 | 8,000 | | Foreign Portfolio Investors Category I | 58 | 16,075,800 | 0 | 16,075,800 | 16.83 | 16,075,800 | | Albula Investment Fund Ltd | 1 | 4,757,017 | 0 | 4,757,017 | 4.98 | 4,757,017 | | Eriska Investment Fund Ltd | 1 | 3,757,345 | 0 | 3,757,345 | 3.93 | 3,757,345 | | Griffin Growth Fund Vcc | 1 | 3,467,750 | 0 | 3,467,750 | 3.63 | 3,467,750 | | Saltoro Alpha, Lp | 1 | 1,028,990 | 0 | 1,028,990 | 1.08 | 1,028,990 | | Foreign Portfolio Investors Category II | 4 | 953,317 | 0 | 953,317 | 1.00 | 953,317 | | Other Foreign Institutions | 2 | 176,942 | 0 | 176,942 | 0.19 | 176,942 | | Foreign Mutual Fund | 2 | 176,942 | 0 | 176,942 | 0.19 | 176,942 | | Sub Total | 73 | 17,542,350 | 0 | 17,542,350 | 18.37 | 17,542,350 | |
| Any Others (Specify) | 1,245 | 3,202,710 | 0 | 3,202,710 | 3.35 | 3,202,710 | | HUF | 1,161 | 1,739,872 | 0 | 1,739,872 | 1.82 | 1,739,872 | | Clearing Members | 30 | 905,895 | 0 | 905,895 | 0.95 | 905,895 | | LLP | 52 | 555,741 | 0 | 555,741 | 0.58 | 555,741 | | Independent Director | 1 | 1,200 | 0 | 1,200 | 0.00 | 1,200 | | Market Maker | 1 | 2 | 0 | 2 | 0.00 | 2 | | Bodies Corporate | 310 | 3,930,264 | 0 | 3,930,264 | 4.11 | 3,927,264 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 33,819 | 18,339,978 | 0 | 18,339,978 | 19.20 | 18,177,995 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 22 | 5,086,180 | 0 | 5,086,180 | 5.32 | 5,075,180 | | Non Resident Indians (NRIs) | 614 | 1,770,481 | 0 | 1,770,481 | 1.85 | 1,770,481 | | Key Managerial Personnel | 1 | 1,700 | 0 | 1,700 | 0.00 | 1,700 | | Investor Education and Protection Fund (IEPF) | 1 | 1,200 | 0 | 1,200 | 0.00 | 1,200 | | Directors and their relatives (excluding independent directors and nominee directors) | 1 | 1,007 | 0 | 1,007 | 0.00 | 1,007 | | Sub Total | 36,013 | 32,333,520 | 0 | 32,333,520 | 33.83 | 32,157,537 | |
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