Shareholding Pattern: Shareholding Pattern Hind Rectifiers Ltd., 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	0.75	0.75	44.08	44.05	-0.03 %
Public	0.96	0.96	50.18	50.17	-0.01 %
DII	0.00	0.00	0.02	0.02	0
FII	0.10	0.10	5.72	5.76	+0.04 %
Government	0.00	0.00	0	0	0

Promoters’ shareholding decreased from 44.08% in December 2023 to 44.05% 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 50.18% in December 2023 to 50.17% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.02% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company. FIIs (Foreign Institutional Investors): There was a significant increase from 5.72% in December 2023 to 5.76% in March 2024. This suggests that foreign institutions grew their investments 0.04 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.

Let’s delve deeper 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 (%)
SAURABH NEVATIA	0.361	0.361	21.07	21.06	-0.01 %
SURAMYA SAURABH NEVATIA	0.257	0.257	15.04	15.02	-0.02 %
SURYANSH SAURABH NEVATIA	0.047	0.047	2.76	2.75	-0.01 %

SAURABH NEVATIA faced a downturn in profitability this quarter, witnessing a decline of -0.01 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.SURAMYA SAURABH NEVATIA faced a downturn in profitability this quarter, witnessing a decline of -0.02 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.SURYANSH SAURABH NEVATIA faced a downturn in profitability this quarter, witnessing a decline of -0.01 % in profits compared to the previous quarter. Delving into the underlying factors driving this shift is crucial for charting a path towards sustained financial growth.

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	0.387	0.379	22.58	22.13	-0.45 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.141	0.145	8.24	8.43	+ 0.19 %
MUKUL MAHAVIR AGRAWAL	0	0.021	0	1.24	+1.24%
VEENA K JAGWANI	0.020	0.019	1.19	1.1	-0.09 %
Non Resident Indians (NRIs)	0.011	0.012	0.67	0.73	+ 0.06 %
Foreign Companies	0.240	0.240	14.02	14	-0.02 %
BTR INDUSTRIES LTD	0.240	0.240	14.02	14	-0.02 %
Bodies Corporate	0.032	0.034	1.88	2	+ 0.12 %
Any Other (specify)	0.025	0.026	1.46	1.54	+ 0.08 %
ESOP or ESOS or ESPS	0.001	0.002	0.05	0.13	+ 0.08 %

Observations indicate a sizeable -0.45 % variance in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.19 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.09 % variance in VEENA K JAGWANI’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Non Resident Indians (NRIs) lifts the bar with a remarkable 0.06 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.02 % variance in Foreign Companies’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.02 % variance in BTR INDUSTRIES LTD’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.12 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.08 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, ESOP or ESOS or ESPS lifts the bar with a remarkable 0.08 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.MUKUL MAHAVIR AGRAWAL had no shares in the previous quarter but now holds 1.24% 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	0.098	0.099	5.72	5.76	+ 0.04 %
CASSINI PARTNERS L.P. MANAGED BY HABROK	0.049	0.049	2.88	2.87	-0.01 %

During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.04 % in net profit.Profitability dwindled by -0.01 % for CASSINI PARTNERS L.P. MANAGED BY HABROK in comparison to the preceding quarter. To secure a foundation for prospective sustainable progress, investigating the factors prompting this decline is vital.

Mukul Mahavir Agrawal, these shareholders are the Anchor investors of current and previous quarter.