Latest Shareholding Pattern Davangere Sugar Company Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Davangere Sugar Company Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Davangere Sugar Company 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 7.00 6.65 74.35 70.7 -3.65 %
Public 2.41 2.76 25.65 29.26 +3.61 %
DII 0 0 0 0 0
FII 0 0.00 0 0.04 +0.04 %
Government 0 0 0 0 0
Promoters’ shareholding decreased from 74.35% in December 2023 to 70.7% 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 25.65% in December 2023 to 29.26% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.FIIs (Foreign Institutional Investors): There was a significant increase from 0% in to 0.04% in March 2024. This suggests that foreign institutions grew their investments 0.04 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 (%)
GANESH S S 4.432 4.089 47.11 43.46 -3.65 %
MAFATLAL PLYWOOD INDUSTRIES PRIVATE LIMITED 0 0.800 0 8.5 +8.5%
S B Murugesh 0 0.020 0 0.21 +0.21%
MAFATLAL PLYWOOD INDUSTRIES LIMITED 0.800 0 8.5 0 -8.5%
S B MURUGESH 0.020 0 0.21 0 -0.21%
GANESH S S faced a downturn in stakeholding this quarter, witnessing a decline of -3.65 % in stakeholding compared to the previous quarter.MAFATLAL PLYWOOD INDUSTRIES PRIVATE LIMITED had no shares in the previous quarter but now holds 8.5% of shares in the current quarter.S B Murugesh had no shares in the previous quarter but now holds 0.21% of shares in the current quarter.MAFATLAL PLYWOOD INDUSTRIES LIMITED had 8.5% of shares in the previous quarter but exited in the current quarter.S B MURUGESH had 0.21% 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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 0.149 0.325 1.59 3.46 + 1.87 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.632 0.811 6.71 8.62 + 1.91 %
Non Resident Indians (NRIs) 0.200 0.205 2.13 2.18 + 0.05 %
Bodies Corporate 0.538 0.519 5.72 5.51 -0.21 %
NNM SECURITIES 0.214 0.114 2.28 1.22 -1.06 %
Any Other (specify) 0.894 0.893 9.5 9.49 -0.01 %
DAVANGERE SUGAR COMPANY LIMITED 0.894 0.893 9.5 9.49 -0.01 %
Unclaimed or Suspense or Escrow Account 0.894 0.893 9.5 9.49 -0.01 %
Uday Shivakumar 0.129 0 1.37 0 -1.37%
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.87 %.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 1.91 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.05 %.Observations show a significant difference of -0.21 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -1.06 % in NNM SECURITIES’s financial performance between quarters.Observations show a significant difference of -0.01 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in DAVANGERE SUGAR COMPANY LIMITED’s financial performance between quarters.Observations show a significant difference of -0.01 % in Unclaimed or Suspense or Escrow Account’s financial performance between quarters.Uday Shivakumar had 1.37% 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 0.004 0 0.04 +0.04%
Foreign Portfolio Investors Category I had no shares in the previous fiii quarter but now holds 0.04% of shares in the current quarter.

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