Shareholding Pattern: Shareholding Pattern CreditAccess Grameen Ltd. 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	10.61	10.61	66.66	66.58	-0.08 %
Public	5.31	5.33	5.55	6.01	+0.46 %
DII	2.51	2.51	15.79	15.76	-0.03 %
FII	1.91	1.86	12	11.65	-0.35 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 66.66% in December 2023 to 66.58% 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 5.55% in December 2023 to 6.01% 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 15.79% in December 2023 to 15.76% in March 2024 , indicating that domestic institutions reduced their -0.029999999999999 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 12% in December 2023 to 11.65% in March 2024 ,indicating that foreign institutions reduced their investments by 1.5% in the company during the quarter. This suggests a pullback in their investment .

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 (%)
CREDITACCESS INDIA B.V.	10.611	10.611	66.66	66.58	-0.08 %

CREDITACCESS INDIA B.V. faced a downturn in stakeholding this quarter, witnessing a decline of -0.08 % 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 (%)
Directors and their relatives (excluding independent directors and nominee directors)	0.020	0.024	0.13	0.15	+ 0.02 %
Key Managerial Personnel	0.002	0.005	0.01	0.03	+ 0.02 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.369	0.396	2.32	2.49	+ 0.17 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.392	0.432	2.46	2.71	+ 0.25 %
Any Other (specify)	0.015	0.012	0.1	0.08	-0.02 %
HUF	0.012	0.012	0.08	0.07	-0.01 %
Clearing Members	0.003	0.000	0.02	0	-0.02 %

Leading the way to higher stakeholding, Directors and their relatives (excluding independent directors and nominee directors) has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Key Managerial Personnel has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.17 %.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 0.25 %.Observations show a significant difference of -0.02 % 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 -0.02 % in Clearing Members’s financial performance between quarters.

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/	2.210	2.228	13.89	13.98	+ 0.09 %
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS SMALL CAP FUND	0.391	0.366	2.45	2.29	-0.16 %
PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIAMID CAP OPPORTUNITIES FUND	0	0.181	0	1.14	+1.14%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND	0.543	0.437	3.41	2.74	-0.67 %
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGING EQUITIES	0.473	0.541	2.97	3.4	+ 0.43 %
Alternate Investment Funds	0.033	0.047	0.2	0.3	+ 0.1 %
Insurance Companies	0.270	0.236	1.7	1.48	-0.22 %
PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA	0.167	0	1.05	0	-1.05%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.09 % in their shares.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS SMALL CAP FUND decreased their stake from 2.29% in the previous quarter to 2.45% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.16 %.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUND decreased their stake from 2.74% in the previous quarter to 3.41% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.67 %.The latest quarter saw a considerable enhancement in stakeholding for CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGING EQUITIES, reflecting an uptick of 0.43 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.1 % in their shares.Insurance Companies decreased their stake from 1.48% in the previous quarter to 1.7% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.22 %.PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIAMID CAP OPPORTUNITIES FUND had no shares in the previous quarter but now holds 1.14% of shares in the current quarter.PGIM INDIA TRUSTEE PRIVATE LIMITED A/C – PGIM INDIA had 1.05% 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	1.701	1.665	10.69	10.44	-0.25 %
GOVERNMENT PENSION FUND GLOBAL	0.173	0.160	1.08	1.01	-0.07 %
Foreign Portfolio Investors Category II	0.208	0.193	1.31	1.21	-0.1 %
T. ROWE PRICE INTERNATIONAL DISCOVERY FUND	0.168	0	1.06	0	-1.06%

Stakeholding dwindled by -0.25 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.07 % for GOVERNMENT PENSION FUND GLOBAL in comparison to the preceding quarter.Stakeholding dwindled by -0.1 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.T. ROWE PRICE INTERNATIONAL DISCOVERY FUND had 1.06% of shares in the previous quarter but exited in the current quarter.