Shareholding results offer insight into the distribution of shares among various investors, highlighting the levels of institutional and retail ownership. These results are significant for analyzing investor confidence and market sentiment. Understanding shareholding patterns can aid stakeholders in predicting how changes in ownership might affect a company’s stock performance.
Ador Welding has released its latest shareholding reports, covering the third quarter and the fiscal year ending on (Q3-Dec 2024-2025).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares(in %) |
Current Quarter Shares(in %) |
Quarter to Quarter Difference |
Promoters |
77.43 Lakh |
92.65 Lakh |
56.94 |
53.24 |
-3.7 % |
Public |
58.56 Lakh |
81.38 Lakh |
31.02 |
36.39 |
+5.37 % |
DII
|
16.32 Lakh |
17.95 Lakh |
12 |
10.31 |
-1.69 % |
FII
|
6.03 K |
11.08 K |
0.04 |
0.06 |
+0.02 % |
Government
|
0 |
0 |
0 |
0 |
0 |
Promoters’ shareholding decreased from 56.94% in September 2024- to 53.24% in December 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 31.02% in September 2024-2025 to 36.39% in December 2024-2025.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 12% in September 2024- to 10.31% in December 2024 , indicating that domestic institutions reduced their -1.69 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 0.04% in September 2024-2025 to 0.06% in December 2024-2025. This suggests that foreign institutions grew their investments 0.02 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.
Below is a detailed table presenting the shareholding percentage of Promoters.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
RAVIN MIRCHANDANI |
8.00 K |
9.30 K |
0.06 |
0.05 |
-0.01 % |
DEEP ASHDA LALVANI |
4.42 K |
10.77 K |
0.03 |
0.06 |
+ 0.03 % |
TANIA A MIRCHANDANI |
0 |
16.30 K |
0 |
0.09 |
+0.09% |
RESHMA ASHDA LALVANI |
6.18 K |
16.72 K |
0.05 |
0.1 |
+ 0.05 % |
PRAVENA KRISHNA MATHUR |
1.35 K |
20.13 K |
0.01 |
0.12 |
+ 0.11 % |
VIMLA ASHDA LALVANI |
19.49 K |
31.78 K |
0.14 |
0.18 |
+ 0.04 % |
SHIRIN ADITYA MALKANI |
20.18 K |
39.96 K |
0.15 |
0.23 |
+ 0.08 % |
LATE AJIT T MIRCHANDANI |
64.43 K |
80.46 K |
0.47 |
0.46 |
-0.01 % |
MICHELLE GULU MALKANI |
79.20 K |
88.30 K |
0.58 |
0.51 |
-0.07 % |
RAJBIR TARACHAND MALKANI |
73.78 K |
1.30 Lakh |
0.54 |
0.75 |
+ 0.21 % |
NINOTCHKA MALKANI NAGPAL |
2.01 Lakh |
2.83 Lakh |
1.48 |
1.63 |
+ 0.15 % |
ADITYA TARACHAND MALKANI |
1.35 Lakh |
3.08 Lakh |
0.99 |
1.77 |
+ 0.78 % |
ARUNA BHAGWAN ADVANI |
2.95 Lakh |
3.93 Lakh |
2.17 |
2.26 |
+ 0.09 % |
J B ADVANI AND COMPANY |
68.01 Lakh |
78.02 Lakh |
50.01 |
44.83 |
-5.18 % |
PRIYA DARSHINI LAMBERT |
34.05 K |
34.05 K |
0.25 |
0.2 |
-0.05 % |
RAVIN MIRCHANDANI faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.DEEP ASHDA LALVANI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.03 %.RESHMA ASHDA LALVANI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.05 %.PRAVENA KRISHNA MATHUR has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.11 %.VIMLA ASHDA LALVANI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.04 %.SHIRIN ADITYA MALKANI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.08 %.LATE AJIT T MIRCHANDANI faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.MICHELLE GULU MALKANI faced a downturn in stakeholding this quarter, witnessing a decline of -0.07 % in stakeholding compared to the previous quarter.RAJBIR TARACHAND MALKANI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.21 %.NINOTCHKA MALKANI NAGPAL has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.15 %.ADITYA TARACHAND MALKANI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.78 %.ARUNA BHAGWAN ADVANI has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.09 %.J B ADVANI AND COMPANY faced a downturn in stakeholding this quarter, witnessing a decline of -5.18 % in stakeholding compared to the previous quarter.PRIYA DARSHINI LAMBERT faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous quarter.TANIA A MIRCHANDANI had no shares in the previous quarter but now holds 0.09% of shares in the current quarter.
Below is a detailed table showcasing the public shareholding percentage.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
Investor Education and Protection Fund |
2.67 Lakh |
3.28 Lakh |
1.96 |
1.89 |
-0.07 % |
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS |
2.67 Lakh |
3.28 Lakh |
1.96 |
1.89 |
-0.07 % |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs |
23.83 Lakh |
37.58 Lakh |
17.53 |
21.59 |
+ 4.06 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
4.49 Lakh |
7.71 Lakh |
3.3 |
4.43 |
+ 1.13 % |
Non Resident Indians (NRIs) |
2.80 Lakh |
3.21 Lakh |
2.06 |
1.85 |
-0.21 % |
Bodies Corporate |
2.56 Lakh |
3.03 Lakh |
1.88 |
1.74 |
-0.14 % |
Any Other (specify) |
5.82 Lakh |
8.50 Lakh |
4.28 |
4.88 |
+ 0.6 % |
HUF |
4.92 Lakh |
5.74 Lakh |
3.62 |
3.3 |
-0.32 % |
GIRISH GULATI HUF . |
4.00 Lakh |
4.29 Lakh |
2.94 |
2.46 |
-0.48 % |
Unclaimed or Suspense or Escrow Account |
0 |
1.81 Lakh |
0 |
1.04 |
+1.04% |
ADOR WELDING |
0 |
1.81 Lakh |
0 |
1.04 |
+1.04% |
LLP |
86.87 K |
92.74 K |
0.64 |
0.53 |
-0.11 % |
Observations show a significant difference of -0.07 % in Investor Education and Protection Fund’s financial performance between quarters.Observations show a significant difference of -0.07 % in INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 4.06 %.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 1.13 %.Observations show a significant difference of -0.21 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.14 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.6 %.Observations show a significant difference of -0.32 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.48 % in GIRISH GULATI HUF .’s financial performance between quarters.Observations show a significant difference of -0.11 % in LLP’s financial performance between quarters.Unclaimed or Suspense or Escrow Account had no shares in the previous quarter but now holds 1.04% of shares in the current quarter.ADOR WELDING had no shares in the previous quarter but now holds 1.04% of shares in the current quarter.
Below is a detailed table presenting the shareholding percentage of DIIs.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
Mutual Funds/ |
10.52 Lakh |
11.36 Lakh |
7.73 |
6.53 |
-1.2 % |
QUANT MUTUAL FUND – QUANT MANUFACTURING FUND |
3.79 Lakh |
3.79 Lakh |
2.79 |
2.18 |
-0.61 % |
NIPPON LIFE INDIA TRUSTEE -A/C NIPPON INDIA VALUE FUND |
3.38 Lakh |
3.38 Lakh |
2.49 |
1.94 |
-0.55 % |
Alternate Investment Funds |
5.80 Lakh |
6.58 Lakh |
4.27 |
3.78 |
-0.49 % |
CLARUS CAPITAL I |
5.51 Lakh |
6.27 Lakh |
4.05 |
3.6 |
-0.45 % |
Mutual Funds/ decreased their stake from 6.53% in the previous quarter to 7.73% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.2 %.QUANT MUTUAL FUND – QUANT MANUFACTURING FUND decreased their stake from 2.18% in the previous quarter to 2.79% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.61 %.NIPPON LIFE INDIA TRUSTEE -A/C NIPPON INDIA VALUE FUND decreased their stake from 1.94% in the previous quarter to 2.49% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.55 %.Alternate Investment Funds decreased their stake from 3.78% in the previous quarter to 4.27% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.49 %.CLARUS CAPITAL I decreased their stake from 3.6% in the previous quarter to 4.05% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.45 %.
The table below displays the shareholding percentage of FIIs.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
Foreign Portfolio Investors Category I |
4.98 K |
10.03 K |
0.04 |
0.06 |
+ 0.02 % |
Foreign Portfolio Investors Category II |
850 |
850 |
0.01 |
0 |
-0.01 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.02 % .Stakeholding dwindled by -0.01 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
Girish Gulati Huf ., these shareholders are the Anchor investors of current and previous quarter. [my_shortcode1 values=”Ador Welding”]