Shareholding Pattern: Shareholding Pattern ICRA FY(Q1-Jun 2023-2024)

Shareholder Name	Previous Quater Quantity(In Crores)	Current Quater Quantity(In Crores)	Previous Quater Shares(in %)	Current Quater Shares(in %)	Quater to Quater Difference
Promoters	0.50	0.50	51.87	51.87	0
Public	0.46	0.46	15.3	15.59	+0.29 %
DII	0.23	0.23	24.08	23.63	-0.45 %
FII	0.08	0.08	8.42	8.58	+0.16 %
Government	0	0	0	0	0

Promoters shareholding remained stable, at 51.87% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 15.3% in March 2024 to 15.59% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 24.08% in March 2024 to 23.63% in June 2024 , indicating that domestic institutions reduced their -0.45 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 8.42% in March 2024 to 8.58% in June 2024. This suggests that foreign institutions grew their investments 0.16 in the company during the quarter.

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.111	0.112	11.53	11.62	+ 0.09 %
Non Resident Indians (NRIs)	0.016	0.016	1.66	1.69	+ 0.03 %
Bodies Corporate	0.016	0.017	1.66	1.78	+ 0.12 %
Any Other (specify)	0.004	0.005	0.45	0.49	+ 0.04 %
HUF	0.003	0.003	0.32	0.34	+ 0.02 %
LLP	0.001	0.001	0.09	0.11	+ 0.02 %

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.09 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.03 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.12 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.04 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.02 %.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Mutual Funds/	0.166	0.161	17.21	16.64	-0.57 %
Jm Financial Mutual Fund – Jm Flexicap Fund	0	0.010	0	1.05	+1.05%
Sundaram Mutual Fund A/C Sundaram Diversified Equity	0	0.021	0	2.16	+2.16%
Canara Robeco Mutual Fund A/C Canara Robeco Small Cap Fund	0.022	0.022	2.31	2.3	-0.01 %
Aditya Birla Sun Life Trustee Private Limited A/C – Aditya Birla Sun Life Elss Tax Saver Fund	0.054	0.049	5.65	5.11	-0.54 %
Alternate Investment Funds	0.040	0.040	4.11	4.16	+ 0.05 %
Insurance Companies	0.026	0.027	2.7	2.77	+ 0.07 %
Sundaram Mutual Fund A/C Sundaram Small Cap Fund	0.031	0	3.23	0	-3.23%

Mutual Funds/ decreased their stake from 16.64% in the previous quarter to 17.21% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.57 %.Canara Robeco Mutual Fund A/C Canara Robeco Small Cap Fund decreased their stake from 2.3% in the previous quarter to 2.31% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Aditya Birla Sun Life Trustee Private Limited A/C – Aditya Birla Sun Life Elss Tax Saver Fund decreased their stake from 5.11% in the previous quarter to 5.65% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.54 %.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.05 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.07 % in their shares.Jm Financial Mutual Fund – Jm Flexicap Fund had no shares in the previous quarter but now holds 1.05% of shares in the current quarter.Sundaram Mutual Fund A/C Sundaram Diversified Equity had no shares in the previous quarter but now holds 2.16% of shares in the current quarter.Sundaram Mutual Fund A/C Sundaram Small Cap Fund had 3.23% of shares in the previous quarter but exited in the current quarter.

Shareholder Name	Previous Quarter Quantity (In Crores)	Current Quarter Quantity (In Crores)	Previous Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Foreign Portfolio Investors Category I	0.080	0.081	8.3	8.42	+ 0.12 %
Foreign Portfolio Investors Category II	0.001	0.002	0.12	0.17	+ 0.05 %

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.12 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.05 % .