Shareholding Pattern: Shareholding Pattern eMudhra Limited 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	4.50	4.50	57.7	54.4	-3.3 %
Public	3.30	3.78	29.35	26.94	-2.41 %
DII	0.71	1.20	9.11	14.46	+5.35 %
FII	0.30	0.35	3.84	4.2	+0.36 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 57.7% in December 2023 to 54.4% 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 decreased from 29.35% in December 2023 to 26.94% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 9.11% in December 2023 to 14.46% in March 2024 , indicating that domestic institutions increased their stake in the company by 5.35% . FIIs (Foreign Institutional Investors): There was a significant increase from 3.84% in December 2023 to 4.2% in March 2024. This suggests that foreign institutions grew their investments 0.36 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 (%)
Venkatraman Srinivasan	2.712	2.712	34.74	32.75	-1.99 %
Arvind Srinivasan	0.315	0.315	4.04	3.81	-0.23 %
Kaushik Srinivasan	0.093	0.093	1.19	1.12	-0.07 %
Taarav Pte Ltd	1.384	1.384	17.73	16.72	-1.01 %

Venkatraman Srinivasan faced a downturn in stakeholding this quarter, witnessing a decline of -1.99 % in stakeholding compared to the previous quarter.Arvind Srinivasan faced a downturn in stakeholding this quarter, witnessing a decline of -0.23 % in stakeholding compared to the previous quarter.Kaushik Srinivasan faced a downturn in stakeholding this quarter, witnessing a decline of -0.07 % in stakeholding compared to the previous quarter.Taarav Pte Ltd faced a downturn in stakeholding this quarter, witnessing a decline of -1.01 % 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)	0.922	0.920	11.81	11.11	-0.7 %
Aishwarya Arvind	0.347	0.347	4.44	4.19	-0.25 %
Lakshmi Kaushik	0.570	0.570	7.3	6.88	-0.42 %
Key Managerial Personnel	0.029	0.000	0.37	0	-0.37 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.836	0.810	10.71	9.78	-0.93 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.046	0.064	0.59	0.77	+ 0.18 %
Non Resident Indians (NRIs)	0.080	0.072	1.03	0.87	-0.16 %
Foreign Companies	0.051	0.051	0.66	0.62	-0.04 %
Bodies Corporate	0.072	0.068	0.92	0.83	-0.09 %
Any Other (specify)	0.255	0.245	3.26	2.96	-0.3 %
Trusts	0.213	0	2.73	0	-2.73%
Clearing Members	0.000	0	0.01	0	-0.01%
HUF	0.029	0	0.37	0	-0.37%
LLP	0.012	0	0.15	0	-0.15%
Emudhra Employees Stock Option Trust	0.213	0	2.73	0	-2.73%

Observations show a significant difference of -0.7 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.25 % in Aishwarya Arvind’s financial performance between quarters.Observations show a significant difference of -0.42 % in Lakshmi Kaushik’s financial performance between quarters.Observations show a significant difference of -0.37 % in Key Managerial Personnel’s financial performance between quarters.Observations show a significant difference of -0.93 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.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 0.18 %.Observations show a significant difference of -0.16 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.04 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -0.09 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.3 % in Any Other (specify)’s financial performance between quarters.Trusts had 2.73% of shares in the previous quarter but exited in the current quarter.Clearing Members had 0.01% of shares in the previous quarter but exited in the current quarter.HUF had 0.37% of shares in the previous quarter but exited in the current quarter.LLP had 0.15% of shares in the previous quarter but exited in the current quarter.Emudhra Employees Stock Option Trust had 2.73% 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 (%)
Mutual Funds/	0.494	0.689	6.33	8.32	+ 1.99 %
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	0.359	0.548	4.6	6.62	+ 2.02 %
Alternate Investment Funds	0.217	0.493	2.78	5.95	+ 3.17 %
Motilal Oswal Growth Anchors Fund	0	0.096	0	1.16	+1.16%
Baring Private Equity India Aif 2	0	0.125	0	1.51	+1.51%
CIF III Scheme I	0	0.142	0	1.72	+1.72%
Insurance Companies	0.000	0.015	0.01	0.18	+ 0.17 %

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.99 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund, reflecting an uptick of 2.02 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 3.17 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.17 % in their shares.Motilal Oswal Growth Anchors Fund had no shares in the previous quarter but now holds 1.16% of shares in the current quarter.Baring Private Equity India Aif 2 had no shares in the previous quarter but now holds 1.51% of shares in the current quarter.CIF III Scheme I had no shares in the previous quarter but now holds 1.72% of shares 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	0.298	0.300	3.82	3.62	-0.2 %
Foreign Portfolio Investors Category II	0.002	0.048	0.03	0.58	+ 0.55 %
Hornbill Orchid India Fund	0.120	0	1.54	0	-1.54%

Stakeholding dwindled by -0.2 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.55 % .Hornbill Orchid India Fund had 1.54% of shares in the previous quarter but exited in the current quarter.