STERLING AND WILSON RENEWABLE ENERGY LIMITED 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 | 12.35 | 12.35 | 52.98 | 52.94 | -0.04 % |
| Public | 10.96 | 10.97 | 25.33 | 25.91 | +0.58 % |
| DII | 2.28 | 2.48 | 9.78 | 10.65 | +0.87 % |
| FII | 2.78 | 2.45 | 11.91 | 10.5 | -1.41 % |
| Government | 0 | 0 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 52.98% in December 2023 to 52.94% 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 25.33% in December 2023 to 25.91% 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 9.78% in December 2023 to 10.65% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.87% . FIIs (Foreign Institutional Investors) shareholding decreased from 11.91% in December 2023 to 10.5% 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.
| Shareholder Name | Previous Quarter Quantity (In crores) | Current Quarter Quantity (In crores) | Previous Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| Kainaz K Daruvala | 1.300 | 1.300 | 5.58 | 5.57 | -0.01 % |
| Reliance New Energy Limited | 7.588 | 7.588 | 32.56 | 32.54 | -0.02 % |
| Shapoorji Pallonji And Company Private Limited | 2.970 | 2.970 | 12.75 | 12.74 | -0.01 % |
Kainaz K Daruvala faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.Reliance New Energy Limited faced a downturn in stakeholding this quarter, witnessing a decline of -0.02 % in stakeholding compared to the previous quarter.Shapoorji Pallonji And Company Private Limited faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % 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 (%) |
|---|---|---|---|---|---|
| Key Managerial Personnel | 0 | 0.002 | 0 | 0.01 | +0.01% |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 3.126 | 3.690 | 13.42 | 15.82 | + 2.4 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.980 | 0.980 | 4.21 | 4.2 | -0.01 % |
| Ajay Kumar Aggarwal | 0.280 | 0.255 | 1.2 | 1.09 | -0.11 % |
| Non Resident Indians (NRIs) | 0.133 | 0.172 | 0.57 | 0.74 | + 0.17 % |
| Bodies Corporate | 1.482 | 0.954 | 6.36 | 4.09 | -2.27 % |
| Any Other (specify) | 0.178 | 0.242 | 0.76 | 1.04 | + 0.28 % |
| HUF | 0.157 | 0.182 | 0.68 | 0.78 | + 0.1 % |
| LLP | 0.020 | 0.059 | 0.09 | 0.25 | + 0.16 % |
| Plutus Wealth Management Llp | 0.262 | 0 | 1.13 | 0 | -1.13% |
| Authum Investment And Infrastructure Limited | 0.312 | 0 | 1.34 | 0 | -1.34% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 2.4 %.Observations show a significant difference of -0.01 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.11 % in Ajay Kumar Aggarwal’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.17 %.Observations show a significant difference of -2.27 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.28 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.1 %.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.16 %.Key Managerial Personnel had no shares in the previous quarter but now holds 0.01% of shares in the current quarter.Plutus Wealth Management Llp had 1.13% of shares in the previous quarter but exited in the current quarter.Authum Investment And Infrastructure Limited had 1.34% 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/ | 1.233 | 1.301 | 5.29 | 5.58 | + 0.29 % |
| Nippon Life India Trustee Ltd-A/C Nippon India Focused Equity Fund | 0 | 0.523 | 0 | 2.24 | +2.24% |
| Alternate Investment Funds | 0.805 | 0.782 | 3.45 | 3.35 | -0.1 % |
| Insurance Companies | 0.236 | 0.400 | 1.01 | 1.71 | + 0.7 % |
| Aditya Birla Sun Life Insurance Company Limited | 0.236 | 0.399 | 1.01 | 1.71 | + 0.7 % |
| NBFCs registered with RBI | 0.005 | 0.002 | 0.02 | 0.01 | -0.01 % |
| Nippon Life India Trustee Ltd-AC Nippon India Focused Equity Fund | 0.695 | 0 | 2.98 | 0 | -2.98% |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.29 % in their shares.Alternate Investment Funds decreased their stake from 3.35% in the previous quarter to 3.45% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.1 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.7 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Aditya Birla Sun Life Insurance Company Limited, reflecting an uptick of 0.7 % in their shares.NBFCs registered with RBI decreased their stake from 0.01% in the previous quarter to 0.02% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Nippon Life India Trustee Ltd-A/C Nippon India Focused Equity Fund had no shares in the previous quarter but now holds 2.24% of shares in the current quarter.Nippon Life India Trustee Ltd-AC Nippon India Focused Equity Fund had 2.98% 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 | 2.564 | 2.171 | 11 | 9.31 | -1.69 % |
| Goldman Sachs Funds – Goldman Sachs India Equity Portfolio | 0.285 | 0.319 | 1.22 | 1.37 | + 0.15 % |
| Foreign Portfolio Investors Category II | 0.212 | 0.277 | 0.91 | 1.19 | + 0.28 % |
| East Bridge Capital Master Fund I Ltd | 0.288 | 0 | 1.24 | 0 | -1.24% |
| Troo Capital Ltd | 0.355 | 0 | 1.52 | 0 | -1.52% |
Stakeholding dwindled by -1.69 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Goldman Sachs Funds – Goldman Sachs India Equity Portfolio, which experienced a significant increase of 0.15 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.28 % .East Bridge Capital Master Fund I Ltd had 1.24% of shares in the previous quarter but exited in the current quarter.Troo Capital Ltd had 1.52% of shares in the previous quarter but exited in the current quarter.
