Shareholding Pattern: Shareholding Pattern QUEST SOFTECH (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	0.58	1.51	58.15	58.15	0
Public	0.42	1.09	41.71	41.8	+0.09 %
DII	0.00	0.00	0.14	0.05	-0.09 %
FII	0	0	0	0	0
Government	0	0	0	0	0

Promoters shareholding remained stable, at 58.15% 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 41.71% in December 2023 to 41.8% 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 0.14% in December 2023 to 0.05% in March 2024 , indicating that domestic institutions reduced their -0.09 stake 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 Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.255	0.538	25.49	20.69	-4.8 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.120	0.405	11.98	15.56	+ 3.58 %
Non Resident Indians (NRIs)	0.001	0.005	0.14	0.2	+ 0.06 %
Bodies Corporate	0.010	0.019	0.97	0.74	-0.23 %
Any Other (specify)	0.031	0.120	3.13	4.61	+ 1.48 %
Unclaimed or Suspense or Escrow Account	0	0.000	0	0.01	+0.01%
HUF	0.019	0.107	1.94	4.12	+ 2.18 %
Clearing Members	0.012	0.012	1.17	0.44	-0.73 %
LLP	0.000	0.001	0.03	0.04	+ 0.01 %
BAKUL RAMNIKLAL PAREKH	0.012	0	1.21	0	-1.21%
PARUL VIPUL PARMAR	0.011	0	1.12	0	-1.12%
SONAL K. KORADIA	0.015	0	1.51	0	-1.51%
BHAVESH R. KORADIA	0.012	0	1.24	0	-1.24%

Observations show a significant difference of -4.8 % 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 3.58 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.06 %.Observations show a significant difference of -0.23 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 1.48 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 2.18 %.Observations show a significant difference of -0.73 % in Clearing Members’s financial performance between quarters.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.01 %.Unclaimed or Suspense or Escrow Account had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.BAKUL RAMNIKLAL PAREKH had 1.21% of shares in the previous quarter but exited in the current quarter.PARUL VIPUL PARMAR had 1.12% of shares in the previous quarter but exited in the current quarter.SONAL K. KORADIA had 1.51% of shares in the previous quarter but exited in the current quarter.BHAVESH R. KORADIA had 1.24% 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 (%)
Banks	0.001	0.001	0.14	0.05	-0.09 %

Banks decreased their stake from 0.05% in the previous quarter to 0.14% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.09 %.