Latest Shareholding Pattern CIL Nova Petrochemicals Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

CIL Nova Petrochemicals Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

CIL Nova Petrochemicals Limited has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
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 2.02 2.02 74.51 74.51 0
Public 0.69 0.69 13.74 13.62 -0.12 %
DII 0.00 0.00 0 0 0
FII 0.32 0.32 11.75 11.87 +0.12 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 74.51% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 13.74% in December 2023 to 13.62% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors): There was a significant increase from 11.75% in December 2023 to 11.87% in March 2024. This suggests that foreign institutions grew their investments 0.12 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 (%)
Brijmohan Devkinandan Chiripal 0.000 0.123 0 4.54 + 4.54 %
Brijmohan Devkinandan Chiripal 0.123 0.000 4.54 0 -4.54 %
Brijmohan Devkinandan Chiripal has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 4.54 %.Brijmohan Devkinandan Chiripal faced a downturn in stakeholding this quarter, witnessing a decline of -4.54 % 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 in excess of Rs. 2 lakhs 0.057 0.054 2.1 1.98 -0.12 %
Bodies Corporate 0.118 0.118 4.34 4.35 + 0.01 %
Observations show a significant difference of -0.12 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate 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 (%)
Foreign Portfolio Investors Category I 0.185 0.188 6.82 6.94 + 0.12 %
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.12 % .

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