Shareholding Pattern: Shareholding Pattern Galaxy Surfactants Limited 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	2.51	2.51	70.92	70.91	-0.01 %
Public	1.03	1.03	13.03	12.6	-0.43 %
DII	0.44	0.45	12.44	12.73	+0.29 %
FII	0.13	0.13	3.61	3.76	+0.15 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 70.92% in December 2023 to 70.91% in March 2024. This reduction indicates that the promoters’ control over Company has weakened during this period.The percentage of shares held by the public decreased from 13.03% in December 2023 to 12.6% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 12.44% in December 2023 to 12.73% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.29% . FIIs (Foreign Institutional Investors): There was a significant increase from 3.61% in December 2023 to 3.76% in March 2024. This suggests that foreign institutions grew their investments 0.15 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	0.270	0.260	7.63	7.34	-0.29 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.058	0.061	1.63	1.73	+ 0.1 %
Non Resident Indians (NRIs)	0.080	0.077	2.25	2.17	-0.08 %
Jayshree Ramesh	0	0.054	0	1.52	+1.52%
Bodies Corporate	0.017	0.012	0.48	0.33	-0.15 %
Any Other (specify)	0.016	0.016	0.46	0.45	-0.01 %
HUF	0.008	0.008	0.23	0.22	-0.01 %
LLP	0.001	0.001	0.03	0.02	-0.01 %
Jayshree Ramesh	0.054	0	1.52	0	-1.52%

Observations show a significant difference of -0.29 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.1 %.Observations show a significant difference of -0.08 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.15 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.01 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.01 % in LLP’s financial performance between quarters.Jayshree Ramesh had no shares in the previous quarter but now holds 1.52% of shares in the current quarter.Jayshree Ramesh had 1.52% 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 (%)
Mutual Funds/	0.416	0.423	11.72	11.93	+ 0.21 %
Icici Prudential Mutual Fund	0	0.043	0	1.21	+1.21%
Nippon Life India Mutual Fund	0	0.057	0	1.6	+1.6%
Kotak Mahindra Mutual Fund	0	0.144	0	4.08	+4.08%
Axis Mutual Fund	0	0.177	0	4.98	+4.98%
Alternate Investment Funds	0.009	0.002	0.26	0.06	-0.2 %
Insurance Companies	0.016	0.026	0.45	0.74	+ 0.29 %
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund	0.235	0	6.61	0	-6.61%
Kotak Small Cap Fund	0.144	0	4.08	0	-4.08%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.21 % in their shares.Alternate Investment Funds decreased their stake from 0.06% in the previous quarter to 0.26% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.2 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.29 % in their shares.Icici Prudential Mutual Fund had no shares in the previous quarter but now holds 1.21% of shares in the current quarter.Nippon Life India Mutual Fund had no shares in the previous quarter but now holds 1.6% of shares in the current quarter.Kotak Mahindra Mutual Fund had no shares in the previous quarter but now holds 4.08% of shares in the current quarter.Axis Mutual Fund had no shares in the previous quarter but now holds 4.98% of shares in the current quarter.Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund had 6.61% of shares in the previous quarter but exited in the current quarter.Kotak Small Cap Fund had 4.08% 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	0.123	0.128	3.48	3.62	+ 0.14 %
Abu Dhabi Investment Authority – Monsoon	0.046	0.048	1.3	1.35	+ 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 0.14 % .During this past quarter, there was a noteworthy upswing in stakeholding for Abu Dhabi Investment Authority – Monsoon, which experienced a significant increase of 0.05 % .