Shareholding Pattern: Shareholding Pattern Gandhar Oil Refinery (India) 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	6.33	6.33	64.63	64.63	0
Public	3.46	3.46	26.23	31.37	+5.14 %
DII	0.65	0.34	6.61	3.47	-3.14 %
FII	0.25	0.05	2.53	0.53	-2 %
Government	0	0	0	0	0

Promoters shareholding remained stable, at 64.63% 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 26.23% in December 2023 to 31.37% 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 6.61% in December 2023 to 3.47% in March 2024 , indicating that domestic institutions reduced their -3.14 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 2.53% in December 2023 to 0.53% 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 (%)
Gulab Jitendra Parekh	0.001	0.854	0.01	8.73	+ 8.72 %
Kailash Babulal Parekh	0.001	0.704	0.01	7.19	+ 7.18 %
Samir Ramesh Parekh	0.001	0.193	0.01	1.97	+ 1.96 %
Samir Ramesh Parekh	0.193	0.001	1.97	0.01	-1.96 %

Gulab Jitendra Parekh has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 8.72 %.Kailash Babulal Parekh has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 7.18 %.Samir Ramesh Parekh has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 1.96 %.Samir Ramesh Parekh faced a downturn in stakeholding this quarter, witnessing a decline of -1.96 % 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 up to Rs. 2 lakhs	2.099	2.520	21.44	25.75	+ 4.31 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.012	0.042	0.12	0.43	+ 0.31 %
Non Resident Indians (NRIs)	0.022	0.043	0.23	0.43	+ 0.2 %
Bodies Corporate	0.005	0.351	0.05	3.59	+ 3.54 %
Bandhan Amc Limited	0	0.220	0	2.25	+2.25%
Any Other (specify)	0.086	0.115	0.88	1.17	+ 0.29 %
HUF	0.081	0.106	0.82	1.08	+ 0.26 %
LLP	0	0.009	0	0.09	+0.09%
Idfc Asset Management Company Limited	0.220	0	2.25	0	-2.25%

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 4.31 %.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 0.31 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.2 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 3.54 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.29 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.26 %.Bandhan Amc Limited had no shares in the previous quarter but now holds 2.25% of shares in the current quarter.LLP had no shares in the previous quarter but now holds 0.09% of shares in the current quarter.Idfc Asset Management Company Limited had 2.25% 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/	0.415	0.267	4.24	2.73	-1.51 %
Icici Prudential Elss Tax Saver Fund	0.150	0.109	1.54	1.11	-0.43 %
Alternate Investment Funds	0.115	0.045	1.18	0.46	-0.72 %
Whiteoak Capital Flexi Cap Fund	0.107	0	1.09	0	-1.09%
Insurance Companies	0.089	0	0.91	0	-0.91%

Mutual Funds/ decreased their stake from 2.73% in the previous quarter to 4.24% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.51 %.Icici Prudential Elss Tax Saver Fund decreased their stake from 1.11% in the previous quarter to 1.54% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.43 %.Alternate Investment Funds decreased their stake from 0.46% in the previous quarter to 1.18% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.72 %.Whiteoak Capital Flexi Cap Fund had 1.09% of shares in the previous quarter but exited in the current quarter.Insurance Companies had 0.91% 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	0.247	0.052	2.53	0.53	-2 %

Stakeholding dwindled by -2 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.