INDONG TEA COMPANY 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 | 0.96 | 0.97 | 64.03 | 64.67 | +0.64 % |
| Public | 0.54 | 0.53 | 35.97 | 35.33 | -0.64 % |
| DII | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding increased from 64.03% in September 2023 to 64.67% in March 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 35.97% in September 2023 to 35.33% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.
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 (%) |
|---|---|---|---|---|---|
| HARIRAM GARG | 0 | 0.191 | 0 | 12.72 | +12.72% |
| SITA GARG | 0 | 0.012 | 0 | 0.79 | +0.79% |
| SUNIL GARG | 0 | 0.006 | 0 | 0.4 | +0.4% |
| RAMA GARG | 0 | 0.005 | 0 | 0.36 | +0.36% |
| NISHA GARG | 0 | 0.003 | 0 | 0.18 | +0.18% |
| IBM FINANCE AND INVESTMENT PVTLTD | 0.123 | 0.132 | 8.23 | 8.83 | + 0.6 % |
| HARI RAM GARG | 0.190 | 0 | 12.69 | 0 | -12.69% |
| SITA GARG | 0.012 | 0 | 0.79 | 0 | -0.79% |
| SUNIL GARG | 0.006 | 0 | 0.4 | 0 | -0.4% |
| RAMA GARG | 0.005 | 0 | 0.36 | 0 | -0.36% |
| NISHA GARG | 0.003 | 0 | 0.18 | 0 | -0.18% |
IBM FINANCE AND INVESTMENT PVTLTD has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.6 %.HARIRAM GARG had no shares in the previous quarter but now holds 12.72% of shares in the current quarter.SITA GARG had no shares in the previous quarter but now holds 0.79% of shares in the current quarter.SUNIL GARG had no shares in the previous quarter but now holds 0.4% of shares in the current quarter.RAMA GARG had no shares in the previous quarter but now holds 0.36% of shares in the current quarter.NISHA GARG had no shares in the previous quarter but now holds 0.18% of shares in the current quarter.HARI RAM GARG had 12.69% of shares in the previous quarter but exited in the current quarter.SITA GARG had 0.79% of shares in the previous quarter but exited in the current quarter.SUNIL GARG had 0.4% of shares in the previous quarter but exited in the current quarter.RAMA GARG had 0.36% of shares in the previous quarter but exited in the current quarter.NISHA GARG had 0.18% 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 | 0.212 | 0.199 | 14.11 | 13.25 | -0.86 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.167 | 0.197 | 11.1 | 13.16 | + 2.06 % |
| Non Resident Indians (NRIs) | 0.002 | 0.002 | 0.13 | 0.11 | -0.02 % |
| Bodies Corporate | 0.086 | 0.060 | 5.73 | 4 | -1.73 % |
| Any Other (specify) | 0.073 | 0.072 | 4.9 | 4.82 | -0.08 % |
Observations show a significant difference of -0.86 % 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 2.06 %.Observations show a significant difference of -0.02 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -1.73 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.08 % in Any Other (specify)’s financial performance between quarters.
