Shareholding Pattern: Shareholding Pattern L&T Technology Services 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	7.80	7.80	73.75	73.74	-0.01 %
Public	2.78	2.78	9.05	8.42	-0.63 %
DII	1.22	1.30	11.57	12.33	+0.76 %
FII	0.60	0.58	5.63	5.51	-0.12 %
Government	0.00	0.00	0	0	0

Promoters’ shareholding decreased from 73.75% in December 2023 to 73.74% 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 9.05% in December 2023 to 8.42% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 11.57% in December 2023 to 12.33% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.76% . FIIs (Foreign Institutional Investors) shareholding decreased from 5.63% in December 2023 to 5.51% 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 .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 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 (%)
LARSEN AND TOUBRO LIMITED	7.799	7.799	73.75	73.74	-0.01 %

LARSEN AND TOUBRO LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % 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 (%)
Directors and their relatives (excluding independent directors and nominee directors)	0.047	0.045	0.44	0.43	-0.01 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.752	0.704	7.12	6.66	-0.46 %
Non Resident Indians (NRIs)	0.079	0.075	0.75	0.71	-0.04 %
Bodies Corporate	0.050	0.043	0.47	0.41	-0.06 %
Any Other (specify)	0.028	0.021	0.27	0.2	-0.07 %
Trusts	0.000	0.001	0	0.01	+ 0.01 %
HUF	0.021	0.020	0.2	0.19	-0.01 %
Clearing Members	0.007	0.000	0.06	0	-0.06 %

Observations show a significant difference of -0.01 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.46 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.04 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.06 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.07 % in Any Other (specify)’s financial performance between quarters.Leading the way to higher stakeholding, Trusts has significantly boosted stakeholding by an impressive 0.01 %.Observations show a significant difference of -0.01 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.06 % in Clearing Members’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/	0.289	0.302	2.73	2.85	+ 0.12 %
Alternate Investment Funds	0.016	0.013	0.15	0.12	-0.03 %
Insurance Companies	0.885	0.952	8.37	9.01	+ 0.64 %
LIFE INSURANCE CORPORATION OF INDIA	0.631	0.702	5.96	6.64	+ 0.68 %
Provident Funds/ Pension Funds	0.009	0.012	0.08	0.11	+ 0.03 %

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.12 % in their shares.Alternate Investment Funds decreased their stake from 0.12% in the previous quarter to 0.15% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.03 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.64 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for LIFE INSURANCE CORPORATION OF INDIA, reflecting an uptick of 0.68 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Provident Funds/ Pension Funds, reflecting an uptick of 0.03 % 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	0.583	0.571	5.51	5.4	-0.11 %
SEAFARER OVERSEAS GROWTH & INCOME FUND	0	0.127	0	1.2	+1.2%

Stakeholding dwindled by -0.11 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.SEAFARER OVERSEAS GROWTH & INCOME FUND had no shares in the previous fiii quarter but now holds 1.2% of shares in the current quarter.