Share the post "Shareholding Pattern: Shareholding Pattern Salem Erode Investments Ltd. 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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