Blog Aro Granite Industries Ltd. Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

Aro Granite Industries Ltd. Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

Aro Granite Industries Ltd. has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on Mar-31st-2024.This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
Shareholder Name Previous Quater Shares(in %) Current Quater Shares(in %) Quater to Quater Difference Current Quater Quantity(In Crores) Previous Quater Quantity(In Crores)
FII 0.02 0.00 0
Promoters shareholding remained stable, at 41.06% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 58.94% in both December 2023 and March 2024. This indicates that the Public control over the company did not change during this period. FIIs (Foreign Institutional Investors): There was a significant increase from 0% in to 0.02% in March 2024. This suggests that foreign institutions grew their investments 0.02 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 Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 35.78 35.33 -0.45 % 0.540 0.547
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 14.54 15.64 + 1.1 % 0.239 0.223
satish desraj kumar 1.2 0.018 0
DILIPKUMAR LAKHI 4.73 4.44 -0.29 % 0.068 0.072
BHARAT PITTI 2.14 2.09 -0.05 % 0.032 0.033
Non Resident Indians (NRIs) 1.67 1.5 -0.17 % 0.023 0.026
Bodies Corporate 5.54 5.05 -0.49 % 0.077 0.085
Observations indicate a sizeable -0.45 % variance in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’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 in excess of Rs. 2 lakhs lifts the bar with a remarkable 1.1 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.29 % variance in DILIPKUMAR LAKHI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.05 % variance in BHARAT PITTI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.17 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.49 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
Shareholder Name Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Foreign Portfolio Investors Category I 0 0.02 0.000 0
Foreign Portfolio Investors Category I had no shares in the previous fiii quarter but now holds 0.02% of shares in the current quarter.

Dilipkumar Lakhi, Sangeetha S, these shareholders are the Anchor investors of current and previous quarter.

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