Shareholding Pattern: Shareholding Pattern TCI Express 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	2.67	2.67	69.62	69.6	-0.02 %
Public	1.16	1.17	19.09	19.07	-0.02 %
DII	0.32	0.34	8.36	8.92	+0.56 %
FII	0.11	0.09	2.93	2.41	-0.52 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 69.62% in December 2023 to 69.6% 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 decreased from 19.09% in December 2023 to 19.07% 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 8.36% in December 2023 to 8.92% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.56% . FIIs (Foreign Institutional Investors) shareholding decreased from 2.93% in December 2023 to 2.41% 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 (%)
VINEET AND SONS( HUF)	0	0.001	0	0.03	+0.03%
BHORUKA EXPRESS CONSOLIDATED LIMITED	1.706	1.706	44.5	44.49	-0.01 %
VINEET AND SONS HUF	0.001	0	0.03	0	-0.03%

BHORUKA EXPRESS CONSOLIDATED LIMITED faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % in stakeholding compared to the previous quarter.VINEET AND SONS( HUF) had no shares in the previous quarter but now holds 0.03% of shares in the current quarter.VINEET AND SONS HUF had 0.03% 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 (%)
Directors and their relatives (excluding independent directors and nominee directors)	0.002	0.000	0.06	0.01	-0.05 %
Investor Education and Protection Fund	0	0.051	0	1.33	+1.33%
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.455	0.423	11.86	11.04	-0.82 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.058	0.079	1.52	2.05	+ 0.53 %
Non Resident Indians (NRIs)	0.040	0.035	1.05	0.91	-0.14 %
Bodies Corporate	0.079	0.078	2.05	2.04	-0.01 %
Any Other (specify)	0.096	0.063	2.5	1.64	-0.86 %
Trusts	0.001	0.000	0.03	0.01	-0.02 %
Unclaimed or Suspense or Escrow Account	0.035	0.003	0.92	0.07	-0.85 %

Observations show a significant difference of -0.05 % in Directors and their relatives (excluding independent directors and nominee directors)’s financial performance between quarters.Observations show a significant difference of -0.82 % 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 0.53 %.Observations show a significant difference of -0.14 % in Non Resident Indians (NRIs)’s financial performance between quarters.Observations show a significant difference of -0.01 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.86 % in Any Other (specify)’s financial performance between quarters.Observations show a significant difference of -0.02 % in Trusts’s financial performance between quarters.Observations show a significant difference of -0.85 % in Unclaimed or Suspense or Escrow Account’s financial performance between quarters.Investor Education and Protection Fund had no shares in the previous quarter but now holds 1.33% 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/	0.291	0.318	7.58	8.28	+ 0.7 %
Sundaram Mutual Fund A/C Sundaram Small Cap Fund	0	0.052	0	1.36	+1.36%
Nippon Life India Trustee LtdA/C Nippon India Multi Cap fund	0	0.062	0	1.62	+1.62%
HDFC Trustee Company Litd.A/C HDFC Capital Builder value fund	0	0.045	0	1.16	+1.16%
Canara Robeco Mutual Fund A/C Canara Robeco Emerging Equities	0	0.107	0	2.8	+2.8%
Alternate Investment Funds	0.024	0.019	0.63	0.5	-0.13 %
SUNDARAM MUTUAL FUND A/C SUNDARAM FLEXI CAP FUND	0.065	0	1.7	0	-1.7%
HDFC TRUSTEE COMPANY LTD. A/C HDFC CAPITAL BUILDER	0.045	0	1.16	0	-1.16%
CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGI	0.114	0	2.99	0	-2.99%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.7 % in their shares.Alternate Investment Funds decreased their stake from 0.5% in the previous quarter to 0.63% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.Sundaram Mutual Fund A/C Sundaram Small Cap Fund had no shares in the previous quarter but now holds 1.36% of shares in the current quarter.Nippon Life India Trustee LtdA/C
Nippon India Multi Cap fund had no shares in the previous quarter but now holds 1.62% of shares in the current quarter.HDFC Trustee Company Litd.A/C HDFC Capital Builder value fund had no shares in the previous quarter but now holds 1.16% of shares in the current quarter.Canara Robeco Mutual Fund A/C
Canara Robeco Emerging Equities had no shares in the previous quarter but now holds 2.8% of shares in the current quarter.SUNDARAM MUTUAL FUND A/C SUNDARAM FLEXI CAP FUND had 1.7% of shares in the previous quarter but exited in the current quarter.HDFC TRUSTEE COMPANY LTD. A/C HDFC CAPITAL BUILDER had 1.16% of shares in the previous quarter but exited in the current quarter.CANARA ROBECO MUTUAL FUND A/C CANARA ROBECO EMERGI had 2.99% 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	0.104	0.083	2.7	2.18	-0.52 %
Foreign Portfolio Investors Category II	0.009	0.009	0.23	0.24	+ 0.01 %

Stakeholding dwindled by -0.52 % for Foreign Portfolio Investors Category I 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 0.01 % .