Shareholding Pattern: Shareholding Pattern Religare Enterprises 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	0.00	0.00	0	0	0
Public	32.95	32.97	82.25	83.89	+1.64 %
DII	2.59	2.70	7.86	8.2	+0.34 %
FII	3.26	2.61	9.89	7.91	-1.98 %
Government	0	0	0	0	0

Promoters shareholding remained stable, at 0% 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 82.25% in December 2023 to 83.89% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 7.86% in December 2023 to 8.2% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.34% . FIIs (Foreign Institutional Investors) shareholding decreased from 9.89% in December 2023 to 7.91% 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 .

Let’s look into the statistics of the investors, which could have contributed to the fluctuations in the shareholding pattern.

“Ravinder Nath Jain faced a downturn in stakeholding this quarter, witnessing a decline of -1.85 % 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)	0.468	0.267	1.42	0.81	-0.61 %
Key Managerial Personnel	0.062	0.027	0.19	0.08	-0.11 %
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	3.043	3.193	9.24	9.69	+ 0.45 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	6.786	5.933	20.6	17.99	-2.61 %
DILIPKUMAR LAKHI	0.733	0.665	2.22	2.02	-0.2 %
CHIRAG DILIPKUMAR LAKHI	1.007	1.007	3.06	3.05	-0.01 %
GIRDHARILAL V LAKHI	0	0.624	0	1.89	+1.89%
Non Resident Indians (NRIs)	1.194	0.713	3.62	2.16	-1.46 %
Bodies Corporate	15.108	17.109	45.85	51.89	+ 6.04 %
RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED	0	0.501	0	1.52	+1.52%
PLUTUS WEALTH MANAGEMENT LLP	2.300	2.000	6.98	6.07	-0.91 %
VIC ENTERPRISES PRIVATE LIMITED	0	2.461	0	7.46	+7.46%
PURAN ASSOCIATES PRIVATE LIMITED	2.633	3.073	7.99	9.32	+ 1.33 %
M B FINMART PRIVATE LIMITED	0	1.810	0	5.49	+5.49%
Any Other (specify)	0.439	0.419	1.33	1.27	-0.06 %
HUF	0.432	0.411	1.31	1.25	-0.06 %
RASHMI SALUJA	0.468	0	1.42	0	-1.42%
MANISH LAKHI	0.379	0	1.15	0	-1.15%
GIRDHARILAL V LAKHI	0.624	0	1.89	0	-1.89%
MAHESH UDHAV BUXANI	0.454	0	1.38	0	-1.38%
VIC ENTERPRISES PVT LTD	2.021	0	6.13	0	-6.13%
M.B. FINMART PRIVATE LIMITED	1.370	0	4.16	0	-4.16%

Observations show a significant difference of -0.61 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.11 % in Key Managerial Personnel’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.45 %.Observations show a significant difference of -2.61 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.2 % in DILIPKUMAR LAKHI’s financial performance between quarters.Observations show a significant difference of -0.01 % in CHIRAG DILIPKUMAR LAKHI’s financial performance between quarters.Observations show a significant difference of -1.46 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 6.04 %.Observations show a significant difference of -0.91 % in PLUTUS WEALTH MANAGEMENT LLP’s financial performance between quarters.Leading the way to higher stakeholding, PURAN ASSOCIATES PRIVATE LIMITED has significantly boosted stakeholding by an impressive 1.33 %.Observations show a significant difference of -0.06 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.06 % in HUF’s financial performance between quarters.GIRDHARILAL V LAKHI had no shares in the previous quarter but now holds 1.89% of shares in the current quarter.RAJASTHAN GLOBAL SECURITIES PRIVATE LIMITED had no shares in the previous quarter but now holds 1.52% of shares in the current quarter.VIC ENTERPRISES PRIVATE LIMITED had no shares in the previous quarter but now holds 7.46% of shares in the current quarter.M B FINMART PRIVATE LIMITED had no shares in the previous quarter but now holds 5.49% of shares in the current quarter.RASHMI SALUJA had 1.42% of shares in the previous quarter but exited in the current quarter.MANISH LAKHI had 1.15% of shares in the previous quarter but exited in the current quarter.GIRDHARILAL V LAKHI had 1.89% of shares in the previous quarter but exited in the current quarter.MAHESH UDHAV BUXANI had 1.38% of shares in the previous quarter but exited in the current quarter.VIC ENTERPRISES PVT LTD had 6.13% of shares in the previous quarter but exited in the current quarter.M.B. FINMART PRIVATE LIMITED had 4.16% 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 (%)
Mutual Funds/	1.215	1.623	3.69	4.92	+ 1.23 %
MOTILAL OSWAL NIFTY MICROCAP 250 INDEX FUND	1.215	1.623	3.69	4.92	+ 1.23 %
Alternate Investment Funds	1.183	0.784	3.59	2.38	-1.21 %
Insurance Companies	0.156	0.288	0.47	0.87	+ 0.4 %
NBFCs registered with RBI	0.035	0.008	0.11	0.03	-0.08 %

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 1.23 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for MOTILAL OSWAL NIFTY MICROCAP 250 INDEX FUND, reflecting an uptick of 1.23 % in their shares.Alternate Investment Funds decreased their stake from 2.38% in the previous quarter to 3.59% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.21 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.4 % in their shares.NBFCs registered with RBI decreased their stake from 0.03% in the previous quarter to 0.11% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.08 %.

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	2.062	2.199	6.26	6.67	+ 0.41 %
ELLIPSIS PARTNERS LLC	0.657	0.657	2	1.99	-0.01 %
Foreign Portfolio Investors Category II	0.400	0.408	1.21	1.24	+ 0.03 %
Foreign Direct Investment	0.797	0	2.42	0	-2.42%
INTERNATIONAL FINANCE CORPORATION	0.797	0	2.42	0	-2.42%

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.41 % .Stakeholding dwindled by -0.01 % for ELLIPSIS PARTNERS LLC in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.03 % .Foreign Direct Investment had 2.42% of shares in the previous quarter but exited in the current quarter.INTERNATIONAL FINANCE CORPORATION had 2.42% of shares in the previous quarter but exited in the current quarter.

Chirag Dilipkumar Lakhi, these shareholders are the Anchor investors of current and previous quarter.