Shareholding Pattern: Shareholding Pattern Rishabh Instruments 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	2.68	2.68	70.68	70.25	-0.43 %
Public	1.11	1.14	12.51	14.88	+2.37 %
DII	0.56	0.55	14.71	14.52	-0.19 %
FII	0.08	0.01	2.1	0.3	-1.8 %
Government	0	0.00	0	0.05	+0.05 %

Promoters’ shareholding decreased from 70.68% in December 2023 to 70.25% 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 increased from 12.51% in December 2023 to 14.88% 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 14.71% in December 2023 to 14.52% in March 2024 , indicating that domestic institutions reduced their -0.19 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 2.1% in December 2023 to 0.3% 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 both and March 2024, Government ownership saw a notable increase, rising to 0.05%, indicating a strengthening of the government’s position in the company over 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 (%)
Rishabh Family Trust – NARENDRA GOLIYA (Trustee), Asha Goliya (Trustee)	0.360	0.360	9.48	9.43	-0.05 %
Anushree Family Trust – NARENDRA GOLIYA (Trustee), Asha Goliya (Trustee)	0.360	0.360	9.48	9.43	-0.05 %
ASHA NARENDRA GOLIYA	0.300	0.300	7.9	7.86	-0.04 %
NARENDRA JOHARIMAL GOLIYA	1.626	1.626	42.84	42.61	-0.23 %
IVAAN FOUNDATION	0.002	0	0.05	0	-0.05%

Rishabh Family Trust – NARENDRA GOLIYA (Trustee), Asha Goliya (Trustee) faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous quarter.Anushree Family Trust – NARENDRA GOLIYA (Trustee), Asha Goliya (Trustee) faced a downturn in stakeholding this quarter, witnessing a decline of -0.05 % in stakeholding compared to the previous quarter.ASHA NARENDRA GOLIYA faced a downturn in stakeholding this quarter, witnessing a decline of -0.04 % in stakeholding compared to the previous quarter.NARENDRA JOHARIMAL GOLIYA faced a downturn in stakeholding this quarter, witnessing a decline of -0.23 % in stakeholding compared to the previous quarter.IVAAN FOUNDATION had 0.05% 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	0.305	0.364	8.05	9.53	+ 1.48 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.023	0.068	0.61	1.77	+ 1.16 %
Non Resident Indians (NRIs)	0.010	0.014	0.26	0.36	+ 0.1 %
Bodies Corporate	0.101	0.088	2.66	2.3	-0.36 %
Any Other (specify)	0.035	0.035	0.93	0.91	-0.02 %

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.48 %.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 1.16 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.1 %.Observations show a significant difference of -0.36 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.02 % in Any Other (specify)’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/	0.517	0.503	13.63	13.18	-0.45 %
QUANT MUTUAL FUND – QUANT SMALL CAP FUND	0.190	0.190	5	4.97	-0.03 %
HDFC MUTUAL FUND – HDFC DIVIDEND YIELD FUND	0.113	0.119	2.99	3.13	+ 0.14 %
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA	0.161	0.161	4.24	4.21	-0.03 %
Alternate Investment Funds	0.002	0.013	0.06	0.33	+ 0.27 %
Insurance Companies	0.039	0.039	1.02	1.01	-0.01 %
ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED	0.038	0.038	1.01	1	-0.01 %
BANDHAN MULTI CAP FUND	0.041	0	1.09	0	-1.09%

Mutual Funds/ decreased their stake from 13.18% in the previous quarter to 13.63% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.45 %.QUANT MUTUAL FUND – QUANT SMALL CAP FUND decreased their stake from 4.97% in the previous quarter to 5% 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 HDFC MUTUAL FUND – HDFC DIVIDEND YIELD FUND, reflecting an uptick of 0.14 % in their shares.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA decreased their stake from 4.21% in the previous quarter to 4.24% 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 Alternate Investment Funds, reflecting an uptick of 0.27 % in their shares.Insurance Companies decreased their stake from 1.01% in the previous quarter to 1.02% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED decreased their stake from 1% in the previous quarter to 1.01% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.BANDHAN MULTI CAP FUND had 1.09% 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 (%)
Foreign Portfolio Investors Category I	0.080	0.010	2.1	0.27	-1.83 %
Foreign Portfolio Investors Category II	0	0.002	0	0.04	+0.04%

Stakeholding dwindled by -1.83 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Foreign Portfolio Investors Category II had no shares in the previous fiii quarter but now holds 0.04% 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 (%)
Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter	0	0.002	0	0.05	+0.05%

Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter had no shares in the previous govtquarter but now holds 0.05% of shares in the current quarter.