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 | 7 | 763,154,460 | 190,385,942 | 953,540,402 | 27.27 | 26.94 | 953,540,402 | | (B) Public | 780,584 | 2,020,968,945 | 506,510,343 | 2,527,479,288 | 72.29 | 72.62 | 2,527,409,768 | | (C1) Shares underlying DRs | 0 | 0 | 0 | 0 | 0.00 | 0.00 | 0 | | (C2) Shares held by Employee Trust | 1 | 12,311,642 | 3,089,438 | 15,401,080 | 0.44 | 0.44 | 15,401,080 | | (C) Non Promoter-Non Public | 1 | 12,311,642 | 3,089,438 | 15,401,080 | 0.44 | 0.00 | 15,401,080 |
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| Individuals / Hindu Undivided Family | 6 | 550,026,960 | 0 | 686,931,470 | 19.65 | 686,931,470 | | Vishal Ajitbhai Mehta | 1 | 239,837,600 | 0 | 300,021,567 | 8.58 | 300,021,567 | | Ajit Champaklal Mehta | 1 | 120,459,120 | 0 | 150,686,689 | 4.31 | 150,686,689 | | Jayshreeben Ajitbhai Mehta | 1 | 120,459,120 | 0 | 150,686,689 | 4.31 | 150,686,689 | | Nirali Vishal Mehta | 1 | 61,648,400 | 0 | 76,941,111 | 2.20 | 76,941,111 | | Late Subhashchandra Rambhai Amin | 1 | 7,529,360 | 0 | 8,474,054 | 0.24 | 8,474,054 | | Ajit Mehta HUF | 0 | 0 | 0 | 0 | 0.00 | 0 | | Bhadrika Arvind Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Mokshadaben Pravinbhai Sheth | 0 | 0 | 0 | 0 | 0.00 | 0 | | Pallaviben Kumarpal Shah | 1 | 93,360 | 0 | 121,360 | 0.00 | 121,360 | | Shreya Nisarg Parikh | 0 | 0 | 0 | 0 | 0.00 | 0 | | Vishal Mehta HUF | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 1 | 213,127,500 | 0 | 266,608,932 | 7.63 | 266,608,932 | | Infinium Motors Private Limited | 1 | 213,127,500 | 0 | 266,608,932 | 7.63 | 266,608,932 | | Advanced Energy Resources & Management Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Infinium Communications Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Infinium Motors (Gujarat) Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | V.M. Associates | 0 | 0 | 0 | 0 | 0.00 | 0 | | VIMA Enterprises LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | YORO Club LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 7 | 763,154,460 | 0 | 953,540,402 | 27.28 | 953,540,402 | |
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| Mutual Funds | 5 | 5,565,823 | 0 | 5,565,823 | 0.16 | 5,565,823 | | Alternate Investment Funds | 2 | 342,000 | 0 | 2,090,000 | 0.06 | 2,090,000 | | NBFCs registered with RBI | 1 | 40,000 | 0 | 40,000 | 0.00 | 40,000 | | Banks | 1 | 1 | 0 | 1 | 0.00 | 1 | | Foreign Portfolio Investors Category I | 100 | 148,067,791 | 0 | 200,499,316 | 5.73 | 200,499,316 | | Foreign Portfolio Investors Category II | 7 | 4,807,672 | 0 | 6,432,743 | 0.18 | 6,432,743 | | Sub Total | 116 | 158,823,287 | 0 | 214,627,883 | 6.13 | 214,627,883 | |
| Any Others (Specify) | 5,511 | 142,440,394 | 0 | 194,820,267 | 5.57 | 194,820,267 | | HUF | 5,407 | 106,715,315 | 0 | 139,927,940 | 4.00 | 139,927,940 | | LLP | 87 | 30,131,949 | 0 | 47,040,068 | 1.35 | 47,040,068 | | SHAIVAL M DESAI HUF | 1 | 30,000,000 | 0 | 39,033,706 | 1.12 | 39,033,706 | | MAYUR MUKUNDBHAI DESAI HUF | 1 | 29,576,390 | 0 | 37,709,662 | 1.08 | 37,709,662 | | Trusts | 6 | 5,512,254 | 0 | 6,413,668 | 0.18 | 6,413,668 | | Unclaimed or Suspense or Escrow Account | 1 | 150 | 0 | 1,357,865 | 0.04 | 1,357,865 | | Clearing Members | 10 | 80,726 | 0 | 80,726 | 0.00 | 80,726 | | Bodies Corporate | 794 | 89,992,920 | 0 | 154,037,930 | 4.41 | 154,037,930 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 769,609 | 681,254,742 | 0 | 767,916,431 | 21.96 | 767,846,911 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 278 | 471,061,440 | 0 | 602,045,586 | 17.22 | 602,045,586 | | MAYUR MUKUNDBHAI DESAI | 1 | 95,372,658 | 0 | 132,631,265 | 3.79 | 132,631,265 | | VIJAYAKUMAR VADATHAVOOR SUBRAMANIAN | 1 | 43,590,980 | 0 | 64,561,397 | 1.85 | 64,561,397 | | SONAL MAYUR DESAI | 1 | 44,060,594 | 0 | 44,060,594 | 1.26 | 44,060,594 | | DIPTIBEN ILESHKUMAR SHAH | 1 | 31,417,268 | 0 | 42,417,268 | 1.21 | 42,417,268 | | Non Resident Indians (NRIs) | 4,268 | 61,991,137 | 0 | 75,401,917 | 2.16 | 75,401,917 | | Key Managerial Personnel | 2 | 4,041,360 | 0 | 4,041,360 | 0.12 | 4,041,360 | | Investor Education and Protection Fund (IEPF) | 1 | 3,573 | 0 | 3,573 | 0.00 | 3,573 | | Directors and their relatives (excluding independent directors and nominee directors) | 3 | 411,356,342 | 0 | 514,580,591 | 14.72 | 514,580,591 | | Vishwas Ambalal Patel | 1 | 306,382,648 | 0 | 383,265,185 | 10.96 | 383,265,185 | | Variniben Vishwaskumar Patel | 1 | 65,973,694 | 0 | 82,528,890 | 2.36 | 82,528,890 | | Vivek Vishwas Patel | 1 | 39,000,000 | 0 | 48,786,516 | 1.40 | 48,786,516 | | Foreign Nationals | 1 | 750 | 0 | 750 | 0.00 | 750 | | Sub Total | 780,467 | 1,862,142,658 | 0 | 2,312,848,405 | 66.16 | 2,312,778,885 | |
| Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 1 | 3,000 | 0 | 3,000 | 0.00 | 3,000 | | Sub Total | 1 | 3,000 | 0 | 3,000 | 0.00 | 3,000 | | Grand Total | 780,584 | 2,020,968,945 | 0 | 2,527,479,288 | 72.29 | 2,527,409,768 | |
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| Employee Benefit Trust | 1 | 12,311,642 | 0 | 15,401,080 | 0.44 | 15,401,080 | | Sub Total | 1 | 12,311,642 | 0 | 15,401,080 | 0.44 | 15,401,080 | |
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