Shareholding Pattern: Shareholding Pattern Syngene International 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	22.03	22.03	54.79	54.79	0
Public	18.05	18.05	9.05	8.18	-0.87 %
DII	5.88	6.35	14.64	15.8	+1.16 %
FII	8.52	8.41	21.2	20.92	-0.28 %
Government	0	0	0	0	0

Promoters shareholding remained stable, at 54.79% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public decreased from 9.05% in December 2023 to 8.18% in March 2024.This reduction indicates that the public’s stake in the company diminished during this period.DIIs (Domestic Institutional Investors) shareholding increased from 14.64% in December 2023 to 15.8% in March 2024 , indicating that domestic institutions increased their stake in the company by 1.16% . FIIs (Foreign Institutional Investors) shareholding decreased from 21.2% in December 2023 to 20.92% 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 Quater Shares (in %)	Current Quater Shares (in %)	Quater-to-Quater Difference (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	2.331	2.095	5.8	5.21	-0.59 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.579	0.499	1.44	1.24	-0.2 %
Non Resident Indians (NRIs)	0.196	0.173	0.49	0.43	-0.06 %
Any Other (specify)	0.105	0.091	0.26	0.23	-0.03 %
Trusts	0.003	0.001	0.01	0	-0.01 %
HUF	0.091	0.078	0.23	0.19	-0.04 %

Observations show a significant difference of -0.59 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.2 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.06 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.03 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Trusts’s financial performance between quarters.Observations show a significant difference of -0.04 % in HUF’s financial performance between quarters.

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/	4.797	5.061	11.93	12.59	+ 0.66 %
MIRAE ASSET HEALTHCARE FUND	0	0.488	0	1.21	+1.21%
UTI-MID CAP FUND	0	0.727	0	1.81	+1.81%
ICICI PRUDENTIAL BUSINESS CYCLE FUND	0	2.400	0	5.97	+5.97%
Alternate Investment Funds	0.621	0.598	1.55	1.49	-0.06 %
Banks	0.000	0.006	0	0.01	+ 0.01 %
Insurance Companies	0.461	0.683	1.15	1.7	+ 0.55 %
LIFE INSURANCE CORPORATION OF INDIA	0	0.475	0	1.18	+1.18%
MIRAE ASSET NIFTY MIDCAP 150 ETF	0.465	0	1.16	0	-1.16%
UTI-UNIT LINKED INSURANCE PLAN	0.589	0	1.46	0	-1.46%
ICICI PRUDENTIAL PHARMA HEALTHCARE AND DIAGANOSTIC	2.035	0	5.06	0	-5.06%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.66 % in their shares.Alternate Investment Funds decreased their stake from 1.49% in the previous quarter to 1.55% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.The latest quarter saw a considerable enhancement in stakeholding for Banks, reflecting an uptick of 0.01 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.55 % in their shares.MIRAE ASSET HEALTHCARE FUND had no shares in the previous quarter but now holds 1.21% of shares in the current quarter.UTI-MID CAP FUND had no shares in the previous quarter but now holds 1.81% of shares in the current quarter.ICICI PRUDENTIAL BUSINESS CYCLE FUND had no shares in the previous quarter but now holds 5.97% of shares in the current quarter.LIFE INSURANCE CORPORATION OF INDIA had no shares in the previous quarter but now holds 1.18% of shares in the current quarter.MIRAE ASSET NIFTY MIDCAP 150 ETF had 1.16% of shares in the previous quarter but exited in the current quarter.UTI-UNIT LINKED INSURANCE PLAN had 1.46% of shares in the previous quarter but exited in the current quarter.ICICI PRUDENTIAL PHARMA HEALTHCARE AND DIAGANOSTIC had 5.06% 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	8.344	8.173	20.76	20.33	-0.43 %
KOTAK FUNDS – INDIA MIDCAP FUND	0.509	0.493	1.27	1.23	-0.04 %
GOVERNMENT PENSION FUND GLOBAL	0.881	0.894	2.19	2.22	+ 0.03 %
Foreign Portfolio Investors Category II	0.178	0.239	0.44	0.59	+ 0.15 %

Stakeholding dwindled by -0.43 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.04 % for KOTAK FUNDS – INDIA MIDCAP FUND in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for GOVERNMENT PENSION FUND GLOBAL, which experienced a significant increase of 0.03 % .During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.15 % .