Shareholding Pattern: Shareholding Pattern UTKARSH SMALL FINANCE BANK 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	75.93	75.93	69.16	69.06	-0.1 %
Public	33.85	34.02	18.8	20.25	+1.45 %
DII	12.41	10.80	11.3	9.82	-1.48 %
FII	0.81	0.96	0.74	0.87	+0.13 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 69.16% in December 2023 to 69.06% 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 increased from 18.8% in December 2023 to 20.25% in March 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 11.3% in December 2023 to 9.82% in March 2024 , indicating that domestic institutions reduced their -1.48 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 0.74% in December 2023 to 0.87% in March 2024. This suggests that foreign institutions grew their investments 0.13 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 Quarter Shares (in %)	Current Quarter Shares (in %)	Quarter-to-Quarter Difference (%)
UTKARSH COREINVEST LIMITED	75.927	75.927	69.16	69.06	-0.1 %

UTKARSH COREINVEST LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.1 % in stakeholding compared to the previous 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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	8.097	9.488	7.38	8.63	+ 1.25 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	2.086	2.890	1.9	2.63	+ 0.73 %
Non Resident Indians (NRIs)	0.238	0.281	0.22	0.26	+ 0.04 %
Foreign Companies	9.182	8.464	8.36	7.7	-0.66 %
RESPONSABILITY PARTICIPATIONS MAURITIUS	1.344	1.306	1.22	1.19	-0.03 %
TRIODOS SICAV II – TRIODOS MICROFINANCE FUND	2.112	1.686	1.92	1.53	-0.39 %
OLYMPUS ACF PTE LIMITED	3.704	3.504	3.37	3.19	-0.18 %
Bodies Corporate	0.639	0.725	0.58	0.66	+ 0.08 %
Any Other (specify)	0.349	0.363	0.32	0.33	+ 0.01 %
HUF	0.349	0.362	0.32	0.33	+ 0.01 %

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.25 %.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 0.73 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.04 %.Observations show a significant difference of -0.66 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -0.03 % in RESPONSABILITY PARTICIPATIONS MAURITIUS’s financial performance between quarters.Observations show a significant difference of -0.39 % in TRIODOS SICAV II – TRIODOS MICROFINANCE FUND’s financial performance between quarters.Observations show a significant difference of -0.18 % in OLYMPUS ACF PTE LIMITED’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.08 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.01 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.01 %.

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/	7.119	7.227	6.48	6.57	+ 0.09 %
MIRAE ASSET ELSS TAX SAVER FUND	0	5.440	0	4.95	+4.95%
Alternate Investment Funds	1.514	1.252	1.38	1.14	-0.24 %
Insurance Companies	3.777	2.320	3.44	2.11	-1.33 %
BHARTI AXA LIFE INSURANCE COMPANY LTD	2.358	1.259	2.15	1.14	-1.01 %
MIRAE ASSET BANKING AND FINANCIAL SERVICES FUND	5.174	0	4.71	0	-4.71%
AAVISHKAAR BHARAT FUND	1.296	0	1.18	0	-1.18%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.09 % in their shares.Alternate Investment Funds decreased their stake from 1.14% in the previous quarter to 1.38% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.24 %.Insurance Companies decreased their stake from 2.11% in the previous quarter to 3.44% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.33 %.BHARTI AXA LIFE INSURANCE COMPANY LTD decreased their stake from 1.14% in the previous quarter to 2.15% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.01 %.MIRAE ASSET ELSS TAX SAVER FUND had no shares in the previous quarter but now holds 4.95% of shares in the current quarter.MIRAE ASSET BANKING AND FINANCIAL SERVICES FUND had 4.71% of shares in the previous quarter but exited in the current quarter.AAVISHKAAR BHARAT FUND had 1.18% 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	0.808	0.959	0.74	0.87	+ 0.13 %

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.13 % .