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Shareholding results capture the distribution of ownership in a company as outlined in its financial disclosures. These results indicate the proportion of shares held by different investor categories and can reveal trends in market confidence. By studying shareholding results, investors and analysts can assess the influence of major shareholders on corporate governance and stock price movements. Sterlite Technologies has released its latest shareholding reports, covering the Second quarter and the fiscal year ending on (Q2-Sep 2024-2025).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
| Shareholder Name | Previous Quarter Quantity | Current Quarter Quantity | Previous Quarter Shares(in %) | Current Quarter Shares(in %) | Quarter to Quarter Difference |
|---|---|---|---|---|---|
| Promoters | 21.54 Cr | 21.54 Cr | 44.18 | 44.17 | -0.01 % |
| Public | 27.22 Cr | 27.23 Cr | 36.31 | 36.78 | +0.47 % |
| DII | 5.72 Cr | 5.22 Cr | 11.74 | 10.69 | -1.05 % |
| FII | 3.79 Cr | 4.08 Cr | 7.77 | 8.36 | +0.59 % |
| Government | 675 | 675 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 44.18% in June 2024 to 44.17% in September 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 36.31% in June 2024 to 36.78% in September 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 11.74% in June 2024 to 10.69% in September 2024 , indicating that domestic institutions reduced their -1.05 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 7.77% in June 2024 to 8.36% in September 2024. This suggests that foreign institutions grew their investments 0.59 in the company during the quarter. During quater from June 2024 to September 2024, Goverenment ownership remained steady at 0%.This indicates that the government’s stake in the company remained consistent during this period.
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 | Current Quarter Quantity | Previous Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| Twin Star Overseas Limited | 20.94 Cr | 20.94 Cr | 42.94 | 42.93 | -0.01 % |
Twin Star Overseas 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 | Current Quarter Quantity | Previous Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 10.40 Cr | 10.92 Cr | 21.32 | 22.38 | + 1.06 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 3.01 Cr | 2.81 Cr | 6.16 | 5.77 | -0.39 % |
| Non Resident Indians (NRIs) | 48.86 Lakh | 56.63 Lakh | 1 | 1.16 | + 0.16 % |
| Bodies Corporate | 2.76 Cr | 2.57 Cr | 5.65 | 5.28 | -0.37 % |
| Any Other (specify) | 54.11 Lakh | 54.96 Lakh | 1.11 | 1.13 | + 0.02 % |
| HUF | 53.82 Lakh | 54.69 Lakh | 1.1 | 1.12 | + 0.02 % |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 1.06 %.Observations show a significant difference of -0.39 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.16 %.Observations show a significant difference of -0.37 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.02 %.
| Shareholder Name | Previous Quarter Quantity | Current Quarter Quantity | Previous Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| Mutual Funds/ | 4.14 Cr | 3.63 Cr | 8.49 | 7.45 | -1.04 % |
| BANDHAN FLEXI CAP FUND | 0 | 1.17 Cr | 0 | 2.4 | +2.4% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA | 0 | 72.43 Lakh | 0 | 1.48 | +1.48% |
| HDFC MUTUAL FUND – HDFC DIVIDEND YIELD FUND | 0 | 1.68 Cr | 0 | 3.45 | +3.45% |
| Alternate Investment Funds | 97.44 Lakh | 95.93 Lakh | 2 | 1.97 | -0.03 % |
| Insurance Companies | 59.96 Lakh | 61.32 Lakh | 1.23 | 1.26 | + 0.03 % |
| LIFE INSURANCE CORPORATION OF INDIA | 0 | 57.22 Lakh | 0 | 1.17 | +1.17% |
| Bandhan Flexi Cap Fund | 1.06 Cr | 0 | 2.18 | 0 | -2.18% |
| Nippon Life India Trustee Ltd-A/c Nippon India SMA | 1.35 Cr | 0 | 2.77 | 0 | -2.77% |
| HDFC Mutual Fund-HDFC Dividend Yield Fund | 1.69 Cr | 0 | 3.47 | 0 | -3.47% |
| Life Insurance Corporation of India | 57.22 Lakh | 0 | 1.17 | 0 | -1.17% |
Mutual Funds/ decreased their stake from 7.45% in the previous quarter to 8.49% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -1.04 %.Alternate Investment Funds decreased their stake from 1.97% in the previous quarter to 2% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.03 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.03 % in their shares.BANDHAN FLEXI CAP FUND had no shares in the previous quarter but now holds 2.4% of shares in the current quarter.NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMA had no shares in the previous quarter but now holds 1.48% of shares in the current quarter.HDFC MUTUAL FUND – HDFC DIVIDEND YIELD FUND had no shares in the previous quarter but now holds 3.45% of shares in the current quarter.LIFE INSURANCE CORPORATION OF INDIA had no shares in the previous quarter but now holds 1.17% of shares in the current quarter.Bandhan Flexi Cap Fund had 2.18% of shares in the previous quarter but exited in the current quarter.Nippon Life India Trustee Ltd-A/c Nippon India SMA had 2.77% of shares in the previous quarter but exited in the current quarter.HDFC Mutual Fund-HDFC Dividend Yield Fund had 3.47% of shares in the previous quarter but exited in the current quarter.Life Insurance Corporation of India had 1.17% of shares in the previous quarter but exited in the current quarter.
| Shareholder Name | Previous Quarter Quantity | Current Quarter Quantity | Previous Quarter Shares (in %) | Current Quarter Shares (in %) | Quarter-to-Quarter Difference (%) |
|---|---|---|---|---|---|
| Foreign Portfolio Investors Category I | 3.66 Cr | 3.92 Cr | 7.51 | 8.03 | + 0.52 % |
| GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P | 0 | 1.04 Cr | 0 | 2.13 | +2.13% |
| Foreign Portfolio Investors Category II | 12.60 Lakh | 16.26 Lakh | 0.26 | 0.33 | + 0.07 % |
| Goldman Sachs Funds – Goldman Sachs India EQ | 1.01 Cr | 0 | 2.08 | 0 | -2.08% |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.52 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.07 % .GOLDMAN SACHS FUNDS – GOLDMAN SACHS INDIA EQUITY P had no shares in the previous fiii quarter but now holds 2.13% of shares in the current quarter.Goldman Sachs Funds – Goldman Sachs India EQ had 2.08% of shares in the previous quarter but exited in the current quarter.
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