Latest Shareholding Pattern Salem Erode Investments Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Salem Erode Investments Ltd. Shareholding Update: An Examination of Financial Performance for FY (Q4-Mar 2023-2024)

Salem Erode Investments Ltd. 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 0.86 0.86 75 75 0
Public 0.29 0.29 24.27 24.27 0
DII 0.01 0.01 0.73 0.73 0
FII 0 0 0 0 0
Government 0 0 0 0 0
Promoters shareholding remained stable, at 75% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 24.27% in both December 2023 and March 2024. This indicates that the Public control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding remained unchanged at 0.73% from December 2023 to March 2024. This indicates that domestic institutions maintained their investment level in the company.

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