Shareholding Pattern: Shareholding Pattern STERLING AND WILSON RENEWABLE ENERGY 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	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.