Shareholding Pattern: Shareholding Pattern Solar Industries 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	6.62	6.62	73.15	73.15	0
Public	0.53	0.56	5.89	6.23	+0.34 %
DII	1.36	1.31	15.06	14.53	-0.53 %
FII	0.53	0.55	5.9	6.1	+0.2 %
Government	0.00	0.00	0	0	0

Promoters shareholding remained stable, at 73.15% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Domestic Institutional Investor’s (DII) shareholding decreased slightly from 15.06% in December 2023 to 14.53% in March 2024 , indicating that domestic institutions reduced their -0.53 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 5.9% in December 2023 to 6.1% in March 2024. This suggests that foreign institutions grew their investments 0.2 in the company during the quarter. During quater from December 2023 to March 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.

Let’s delve deeper 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	0.360	0.376	3.98	4.16	+ 0.18 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.041	0.053	0.46	0.58	+ 0.12 %
Bodies Corporate	0.090	0.092	0.99	1.02	+ 0.03 %
Any Other (specify)	0.026	0.026	0.28	0.29	+ 0.01 %
HUF	0.024	0.024	0.26	0.27	+ 0.01 %

Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.18 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs lifts the bar with a remarkable 0.12 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Bodies Corporate lifts the bar with a remarkable 0.03 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, HUF lifts the bar with a remarkable 0.01 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.

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/	1.311	1.252	14.48	13.83	-0.65 %
Hdfc Mutual Fund- Hdfc Mid- Cap Opportunities Fund	0	0.166	0	1.83	+1.83%
Kotak Emergency Equity Scheme	0	0.403	0	4.45	+4.45%
SBI Equity Hybrid Fund	0	0.505	0	5.58	+5.58%
Alternate Investment Funds	0.026	0.031	0.28	0.35	+ 0.07 %
Insurance Companies	0.027	0.030	0.29	0.33	+ 0.04 %
Provident Funds/ Pension Funds	0	0.001	0	0.01	+0.01%
Hdfc Mutual Fund – Hdfc Mid-Cap Opportunities Fund	0.172	0	1.9	0	-1.9%
Kotak Emerging Equity Scheme	0.405	0	4.47	0	-4.47%
Sbi Equity Hybrid Fund	0.552	0	6.1	0	-6.1%

Mutual Funds/ decreased their stake from 13.83% in the previous quarter to 14.48% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.65 %.The latest quarter saw a considerable enhancement in profitability for Alternate Investment Funds, reflecting an uptick of 0.07 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.The latest quarter saw a considerable enhancement in profitability for Insurance Companies, reflecting an uptick of 0.04 % in their net earnings. Such an outcome implies the successful implementation of sound cost optimization techniques and increased income sources, ultimately highlighting the favorable effect of the investor on the corporation’s overall monetary welfare.Hdfc Mutual Fund- Hdfc Mid- Cap
Opportunities Fund had no shares in the previous quarter but now holds 1.83% of shares in the current quarter.Kotak Emergency Equity Scheme had no shares in the previous quarter but now holds 4.45% of shares in the current quarter.SBI Equity Hybrid Fund had no shares in the previous quarter but now holds 5.58% of shares in the current quarter.Provident Funds/ Pension Funds had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.Hdfc Mutual Fund – Hdfc Mid-Cap Opportunities Fund had 1.9% of shares in the previous quarter but exited in the current quarter.Kotak Emerging Equity Scheme had 4.47% of shares in the previous quarter but exited in the current quarter.Sbi Equity Hybrid Fund had 6.1% 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	0.528	0.546	5.84	6.03	+ 0.19 %
Foreign Portfolio Investors Category II	0.006	0.007	0.06	0.07	+ 0.01 %

During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.19 % in net profit.During this past quarter, there was a noteworthy upswing in profitability for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.01 % in net profit.