Shareholding Pattern: Shareholding Pattern Shalimar Paints Ltd. An Examination of Financial Performance for FY (Q4-Mar 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	2.67	6.34	31.9	75.73	+43.83 %
Public	5.70	2.03	65.16	24.16	-41 %
DII	0.25	0.00	2.94	0.03	-2.91 %
FII	0.00	0.01	0	0.08	+0.08 %
Government	0.00	0.00	0	0	0

Promoters’ shareholding increased from 31.9% in December 2023 to 75.73% in March 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 65.16% in December 2023 to 24.16% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 2.94% in December 2023 to 0.03% in March 2024 , indicating that domestic institutions reduced their -2.91 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 0% in December 2023 to 0.08% in March 2024. This suggests that foreign institutions grew their investments 0.08 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.

Let’s delve deeper 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 Quarter Shares (in %)	Current Quarter Shares (in %)	Quarter-to-Quarter Difference (%)
Sarita Devi Jain	0.002	0.000	0.02	0	-0.02 %
Hella Infra Market Private Limited	0	4.424	0	52.85	+52.85%
Colorado Trading Co. Pvt. Ltd.	0	0.122	0	1.46	+1.46%
JSL Limited	0.500	0.268	5.98	3.2	-2.78 %
Virtuous Tradecorp Private Limited	1.642	1.121	19.61	13.39	-6.22 %
Colarado Trading Co. Ltd.	0.122	0	1.46	0	-1.46%

Sarita Devi Jain faced a downturn in profitability this quarter, witnessing a decline of -0.02 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.JSL Limited faced a downturn in profitability this quarter, witnessing a decline of -2.78 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Virtuous Tradecorp Private Limited faced a downturn in profitability this quarter, witnessing a decline of -6.22 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.Hella Infra Market Private Limited had no shares in the previous quarter but now holds 52.85% of shares in the current quarter.Colorado Trading Co. Pvt. Ltd. had no shares in the previous quarter but now holds 1.46% of shares in the current quarter.Colarado Trading Co. Ltd. had 1.46% 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 (%)
Directors and their relatives (excluding independent directors and nominee directors)	0.651	0.254	7.78	3.03	-4.75 %
Veera Gupta	0.468	0.227	5.59	2.72	-2.87 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.967	1.076	11.56	12.85	+ 1.29 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.341	0.447	4.08	5.34	+ 1.26 %
Zaki Abbas Nasser	0	0.093	0	1.1	+1.1%
Non Resident Indians (NRIs)	0.025	0.026	0.3	0.31	+ 0.01 %
Bodies Corporate	2.048	0.121	24.47	1.44	-23.03 %
Any Other (specify)	1.405	0.084	16.79	1	-15.79 %
HUF	0.061	0.083	0.73	0.99	+ 0.26 %
Ashok Kumar Gupta	0.183	0	2.18	0	-2.18%
Hella Infra Market Private Limited	1.805	0	21.56	0	-21.56%
Hella Infra Market Private Limited – Open Offer Beetal Financial Computer Services Pvt	1.344	0	16.05	0	-16.05%
Unclaimed or Suspense or Escrow Account	1.344	0	16.05	0	-16.05%

Observations indicate a sizeable -4.75 % variance in Directors and their relatives (excluding independent directors and nominee directors)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -2.87 % variance in Veera Gupta’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 1.29 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 1.26 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -23.03 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -15.79 % variance in Any Other (specify)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.26 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Zaki Abbas Nasser had no shares in the previous quarter but now holds 1.1% of shares in the current quarter.Ashok Kumar Gupta had 2.18% of shares in the previous quarter but exited in the current quarter.Hella Infra Market Private Limited had 21.56% of shares in the previous quarter but exited in the current quarter.Hella Infra Market Private Limited – Open Offer Beetal Financial Computer Services Pvt had 16.05% of shares in the previous quarter but exited in the current quarter.Unclaimed or Suspense or Escrow Account had 16.05% 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 (%)
Insurance Companies	0.005	0.003	0.06	0.03	-0.03 %
NBFCs registered with RBI	0.241	0	2.88	0	-2.88%
Rajasthan Global Securities Private Limited	0.241	0	2.88	0	-2.88%

Insurance Companies decreased their stake from 0.03% in the previous quarter to 0.06% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.03 %.NBFCs registered with RBI had 2.88% of shares in the previous quarter but exited in the current quarter.Rajasthan Global Securities Private Limited had 2.88% 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	0.000	0.007	0	0.08	+ 0.08 %

During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.08 % in net profit.

Vanaja Sundar Iyer, these shareholders are the Anchor investors of current and previous quarter.