Blog TANFAC Industries Ltd., Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

TANFAC Industries Ltd., Shareholding Update: An Examination of Financial Performance for Quarter (Mar 2024)

TANFAC Industries Ltd., has unveiled its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on Mar-31st-2024.This comprehensive report offers a deep dive into the company’s shareholding landscape, including details on Promoters, promoter groups, Foreign investors, public investors, and government entities. Through meticulous comparative analysis, it tracks the evolution of shareholding percentages and quantities, highlighting any shifts in ownership dynamics. Investors gain invaluable insights into the company’s ownership structure and the evolving investment landscape.
Shareholder Name Previous Quater Shares(in %) Current Quater Shares(in %) Quater to Quater Difference Current Quater Quantity(In Crores) Previous Quater Quantity(In Crores)
DII 0.06 0.11 +0.05 % 0.00 0.00
Promoters shareholding remained stable, at 51.81% in both December 2023 and March 2024. This indicates that the promoters’ control over the company did not change during this period. Public shareholding remained consistent, holding steady at 48.19% in both December 2023 and March 2024. This indicates that the Public control over the company did not change during this period. DIIs (Domestic Institutional Investors) shareholding increased from 0.06% in December 2023 to 0.11% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.05% . 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 Shares (in %) Current Quarter Shares (in %) Quarter-to-Quarter Difference (%) Current Quarter Quantity (In crores) Previous Quarter Quantity (In crores)
TAMILNADU INDUSTRIAL DEVELOPMENT CORPORATION LTD 0 26.02 0.260 0
TAMILNADU INDUSTRIAL DEVELOPMENT CORPORATI0N LTD 26.02 0 0.260
TAMILNADU INDUSTRIAL DEVELOPMENT CORPORATI0N LTD had 26.02% of shares in the previous quarter but exited in the current quarter.
Shareholder Name Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Investor Education and Protection Fund 3.41 3.4 -0.01 % 0.034 0.034
INVESTOR EDUCATION AND PROTECTION FUND 3.41 3.4 -0.01 % 0.034 0.034
Resident Individuals holding nominal share capital up to Rs. 2 lakhs 16.26 16.54 + 0.28 % 0.165 0.162
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs 7.7 8.09 + 0.39 % 0.081 0.077
Non Resident Indians (NRIs) 0.83 0.54 -0.29 % 0.005 0.008
Bodies Corporate 19.15 16.17 -2.98 % 0.161 0.191
Any Other (specify) 0.76 3.34 + 2.58 % 0.033 0.008
LLP 0 2.58 + 2.58 % 0.026 0.000
HUF 0.76 0.75 -0.01 % 0.008 0.008
Observations indicate a sizeable -0.01 % variance in Investor Education and Protection Fund ‘s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -0.01 % variance in INVESTOR EDUCATION AND PROTECTION FUND’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Resident Individuals holding nominal share capital up to Rs. 2 lakhs lifts the bar with a remarkable 0.28 % 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 0.39 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.29 % variance in Non Resident Indians (NRIs)’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Observations indicate a sizeable -2.98 % variance in Bodies Corporate’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.Spearheading a savvy charge towards increased profitability, Any Other (specify) lifts the bar with a remarkable 2.58 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Spearheading a savvy charge towards increased profitability, LLP lifts the bar with a remarkable 2.58 % enhancement in net profit, revealing adroit resource allocation and sharpened commercial instincts.Observations indicate a sizeable -0.01 % variance in HUF’s fiscal performance between quarters, necessitating thorough investigation of salient aspects to enable future-proof strategies centered around lasting development.
Shareholder Name Previous Quater Shares (in %) Current Quater Shares (in %) Quater-to-Quater Difference (%) Current Quarter Quantity (In Crores) Previous Quarter Quantity (In Crores)
Alternate Investment Funds 0 0.05 0.001 0
Banks 0.01 0 -0.01 % 0.000 0.000
Banks decreased their stake from 0% in the previous quarter to 0.01% in the current quarter. It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.

Ashish Kacholia, Vanaja Sundar Iyer, these shareholders are the Anchor investors of current and previous quarter.

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