Share the post "Tata Communications Shareholding pattern update FY(Q1-Jun 2024-2025)"
Tata Communications has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q1-Jun 2024-2024).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 | 16.78 | 16.78 | 58.86 | 58.86 | 0 |
Public | 11.72 | 11.72 | 9.77 | 9.91 | +0.14 % |
DII | 3.74 | 3.75 | 13.13 | 13.15 | +0.02 % |
FII | 5.20 | 5.15 | 18.24 | 18.08 | -0.16 % |
Government | 0.00 | 0 | 0 | 0 | 0 |
Promoters shareholding remained stable, at 58.86% in both March 2024 and June 2024. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 9.77% in March 2024 to 9.91% in June 2024.This change suggests that the public’s investment in the company grew during the quarter.DIIs (Domestic Institutional Investors) shareholding increased from 13.13% in March 2024 to 13.15% in June 2024 , indicating that domestic institutions increased their stake in the company by 0.02% . FIIs (Foreign Institutional Investors) shareholding decreased from 18.24% in March 2024 to 18.08% in June 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 | 1.373 | 1.366 | 4.82 | 4.79 | -0.03 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 0.876 | 0.891 | 3.07 | 3.13 | + 0.06 % |
Non Resident Indians (NRIs) | 0.111 | 0.105 | 0.39 | 0.37 | -0.02 % |
Bodies Corporate | 0.325 | 0.347 | 1.14 | 1.22 | + 0.08 % |
Bodies Corporate | 0.018 | 0.347 | 0.06 | 1.22 | + 1.16 % |
Any Other (specify) | 0.087 | 0.102 | 0.31 | 0.36 | + 0.05 % |
LLP | 0 | 0.032 | 0 | 0.11 | +0.11% |
Observations show a significant difference of -0.03 % in Resident Individuals holding nominal share capital up to Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.06 %.Observations show a significant difference of -0.02 % in Non Resident Indians (NRIs)’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.08 %.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 1.16 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.05 %.LLP had no shares in the previous quarter but now holds 0.11% of shares 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/ | 2.926 | 2.891 | 10.27 | 10.14 | -0.13 % |
Mirae Asset Large & Midcap Fund | 0.457 | 0.453 | 1.6 | 1.59 | -0.01 % |
Hdfc Mutual Fund – Hdfc Mid-Cap Opportunities Fund | 1.168 | 1.157 | 4.1 | 4.06 | -0.04 % |
Alternate Investment Funds | 0.142 | 0.136 | 0.5 | 0.48 | -0.02 % |
Banks | 0.022 | 0.017 | 0.08 | 0.06 | -0.02 % |
Insurance Companies | 0.646 | 0.701 | 2.27 | 2.46 | + 0.19 % |
Provident Funds/ Pension Funds | 0.006 | 0.002 | 0.02 | 0.01 | -0.01 % |
Mutual Funds/ decreased their stake from 10.14% in the previous quarter to 10.27% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.Mirae Asset Large & Midcap Fund decreased their stake from 1.59% in the previous quarter to 1.6% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Hdfc Mutual Fund – Hdfc Mid-Cap Opportunities Fund decreased their stake from 4.06% in the previous quarter to 4.1% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.Alternate Investment Funds decreased their stake from 0.48% in the previous quarter to 0.5% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.Banks decreased their stake from 0.06% in the previous quarter to 0.08% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.The latest quarter saw a considerable enhancement in stakeholding for Insurance Companies, reflecting an uptick of 0.19 % in their shares.Provident Funds/ Pension Funds 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 %.
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 | 5.032 | 4.978 | 17.66 | 17.47 | -0.19 % |
Government Pension Fund Global | 0.434 | 0.423 | 1.52 | 1.48 | -0.04 % |
East Bridge Capital Master Fund I Ltd | 0.557 | 0.506 | 1.95 | 1.78 | -0.17 % |
Foreign Portfolio Investors Category II | 0.166 | 0.175 | 0.58 | 0.62 | + 0.04 % |
Stakeholding dwindled by -0.19 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.Stakeholding dwindled by -0.04 % for Government Pension Fund Global in comparison to the preceding quarter.Stakeholding dwindled by -0.17 % for East Bridge Capital Master Fund I Ltd in comparison to the preceding quarter.During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category II, which experienced a significant increase of 0.04 % .
Rekha Jhunjhunwala, these shareholders are the Anchor investors of current and previous quarter.