Latest Shareholding Pattern Fine Organic Industries Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Fine Organic Industries Limited Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Fine Organic Industries 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 2.30 2.30 75 75 0
Public 0.77 0.77 9.56 9.77 +0.21 %
DII 0.36 0.33 11.85 10.76 -1.09 %
FII 0.11 0.14 3.59 4.47 +0.88 %
Government 0 0 0 0 0
Promoters shareholding remained stable, at 75% 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 increased from 9.56% in December 2023 to 9.77% 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 11.85% in December 2023 to 10.76% in March 2024 , indicating that domestic institutions reduced their -1.09 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 3.59% in December 2023 to 4.47% in March 2024. This suggests that foreign institutions grew their investments 0.88 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 (%)
P D KAMAT HUF (Karta – Late PRAKASH DAMODAR KAMAT) 0 0.014 0 0.45 +0.45%
MUKESH MAGANLAL SHAH 0.176 0.192 5.75 6.26 + 0.51 %
JAYEN RAMESH SHAH 0.342 0.481 11.17 15.7 + 4.53 %
TUSHAR RAMESH SHAH 0.370 0.509 12.07 16.6 + 4.53 %
BIMAL MUKESH SHAH 0.181 0.320 5.9 10.44 + 4.54 %
P D KAMAT HUF (Karta – Late. PRAKASH DAMODAR KAMAT) 0.014 0 0.45 0 -0.45%
JYOTSNA RAMESH SHAH 0.433 0 14.11 0 -14.11%
MUKESH MAGANLAL SHAH has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.51 %.JAYEN RAMESH SHAH has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 4.53 %.TUSHAR RAMESH SHAH has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 4.53 %.BIMAL MUKESH SHAH has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 4.54 %.P D KAMAT HUF (Karta – Late PRAKASH DAMODAR KAMAT) had no shares in the previous quarter but now holds 0.45% of shares in the current quarter.P D KAMAT HUF (Karta – Late. PRAKASH DAMODAR KAMAT) had 0.45% of shares in the previous quarter but exited in the current quarter.JYOTSNA RAMESH SHAH had 14.11% 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 0.252 0.259 8.21 8.44 + 0.23 %
Bodies Corporate 0.019 0.019 0.63 0.61 -0.02 %
Any Other (specify) 0.008 0.008 0.27 0.25 -0.02 %
HUF 0.008 0.008 0.27 0.25 -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 0.23 %.Observations show a significant difference of -0.02 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.02 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in HUF’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/ 0.350 0.315 11.4 10.28 -1.12 %
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F 0.166 0.143 5.4 4.68 -0.72 %
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA 0.071 0.076 2.31 2.47 + 0.16 %
Alternate Investment Funds 0.004 0.003 0.13 0.11 -0.02 %
Insurance Companies 0.010 0.011 0.31 0.37 + 0.06 %
Mutual Funds/ decreased their stake from 10.28% in the previous quarter to 11.4% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.12 %.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F decreased their stake from 4.68% in the previous quarter to 5.4% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.72 %.The latest quarter saw a considerable enhancement in stakeholding for NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA, reflecting an uptick of 0.16 % in their shares.Alternate Investment Funds decreased their stake from 0.11% in the previous quarter to 0.13% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.06 % in their shares.
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 0.108 0.135 3.51 4.39 + 0.88 %
Foreign Portfolio Investors Category II 0.002 0.002 0.07 0.08 + 0.01 %
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.88 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.01 % .

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