Tejas Networks Limited has released its latest shareholding reports, covering the quarter and the first half of the fiscal year ending on (Q4-Mar 2023-2024).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 | 9.49 | 9.49 | 55.8 | 55.6 | -0.2 % |
| Public | 7.52 | 7.58 | 28.59 | 28.3 | -0.29 % |
| DII | 0.74 | 0.81 | 4.35 | 4.76 | +0.41 % |
| FII | 1.92 | 1.94 | 11.26 | 11.34 | +0.08 % |
| Government | 0.00 | 0.00 | 0 | 0 | 0 |
Promoters’ shareholding decreased from 55.8% in December 2023 to 55.6% 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 28.59% in December 2023 to 28.3% 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 4.35% in December 2023 to 4.76% in March 2024 , indicating that domestic institutions increased their stake in the company by 0.41% . FIIs (Foreign Institutional Investors): There was a significant increase from 11.26% in December 2023 to 11.34% in March 2024. This suggests that foreign institutions grew their investments 0.08 in the company during the quarter. 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 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 (%) |
|---|---|---|---|---|---|
| Panatone Finvest Limited | 9.491 | 9.491 | 55.8 | 55.6 | -0.2 % |
Panatone Finvest Limited faced a downturn in stakeholding this quarter, witnessing a decline of -0.2 % in stakeholding compared to the previous 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) | 0.064 | 0.074 | 0.37 | 0.43 | + 0.06 % |
| Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 2.015 | 2.076 | 11.85 | 12.16 | + 0.31 % |
| Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 1.082 | 1.000 | 6.36 | 5.86 | -0.5 % |
| Sanjay Nayak | 0.214 | 0.198 | 1.26 | 1.16 | -0.1 % |
| Non Resident Indians (NRIs) | 0.152 | 0.157 | 0.89 | 0.92 | + 0.03 % |
| Bodies Corporate | 0.742 | 0.720 | 4.36 | 4.22 | -0.14 % |
| Kedia Securities Private Limited | 0.320 | 0.320 | 1.88 | 1.87 | -0.01 % |
| Any Other (specify) | 0.803 | 0.801 | 4.72 | 4.69 | -0.03 % |
| HUF | 0.130 | 0.128 | 0.77 | 0.75 | -0.02 % |
| Employees | 0.452 | 0.447 | 2.66 | 2.62 | -0.04 % |
| LLP | 0.211 | 0.216 | 1.24 | 1.27 | + 0.03 % |
Leading the way to higher stakeholding, Directors and their relatives (excluding independent directors and nominee directors) has significantly boosted stakeholding by an impressive 0.06 %.Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.31 %.Observations show a significant difference of -0.5 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Observations show a significant difference of -0.1 % in Sanjay Nayak’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.03 %.Observations show a significant difference of -0.14 % in Bodies Corporate’s financial performance between quarters.Observations show a significant difference of -0.01 % in Kedia Securities Private Limited’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 -0.02 % in HUF’s financial performance between quarters.Observations show a significant difference of -0.04 % in Employees’s financial performance between quarters.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.03 %.
| 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/ | 0.667 | 0.728 | 3.92 | 4.27 | + 0.35 % |
| Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 0.581 | 0.623 | 3.42 | 3.65 | + 0.23 % |
| Alternate Investment Funds | 0.073 | 0.084 | 0.43 | 0.49 | + 0.06 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.35 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund, reflecting an uptick of 0.23 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.06 % in their shares.
| 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 | 1.826 | 1.861 | 10.74 | 10.9 | + 0.16 % |
| Government Pension Fund Global | 0.299 | 0.299 | 1.76 | 1.75 | -0.01 % |
| East Bridge Capital Master Fund I Ltd | 0.479 | 0.469 | 2.82 | 2.75 | -0.07 % |
| Foreign Portfolio Investors Category II | 0.089 | 0.074 | 0.52 | 0.43 | -0.09 % |
During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.16 % .Stakeholding dwindled by -0.01 % for Government Pension Fund Global in comparison to the preceding quarter.Stakeholding dwindled by -0.07 % for East Bridge Capital Master Fund I Ltd in comparison to the preceding quarter.Stakeholding dwindled by -0.09 % for Foreign Portfolio Investors Category II in comparison to the preceding quarter.
