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Shareholding Pattern: Shareholding Pattern Garg Furnace FY(Q1-Jun 2024-2025)

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Garg Furnace has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).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 0.32 0.32 68.86 68.89 +0.03 %
Public 0.14 0.14 31.14 31.11 -0.03 %
DII 0.00 0.00 0 0 0
FII 0 0 0 0 0
Government 0 0 0 0 0
Promoters’ shareholding increased from 68.86% in March 2024 to 68.89% in June 2024. This rise indicates that the promoters have strengthened their control over Company during this period.The percentage of shares held by the public decreased from 31.14% in March 2024 to 31.11% in June 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0% from March 2024 to June 2024. This indicates that domestic institutions maintained their investment level in the company.

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 (%)
VANEERA GARG 0.137 0.137 29.66 29.67 + 0.01 %
DAVINDER GARG 0.135 0.135 29.37 29.39 + 0.02 %
VANEERA GARG has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.01 %.DAVINDER GARG has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.02 %.
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 0.070 0.069 15.18 15.07 -0.11 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 0.028 0.028 6 5.98 -0.02 %
Bodies Corporate 0.040 0.041 8.75 8.8 + 0.05 %
Any Other (specify) 0.002 0.002 0.44 0.5 + 0.06 %
Firm 0.000 0.001 0.09 0.11 + 0.02 %
HUF 0.002 0.002 0.35 0.39 + 0.04 %
Observations show a significant difference of -0.11 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.02 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.05 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.06 %.Leading the way to higher stakeholding, Firm has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.04 %.

Harsha Hitesh Javeri, Hitesh Ramji Javeri, these shareholders are the Anchor investors of current and previous quarter.

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