Shareholding Pattern: Shareholding Pattern Shareholding Pattern Updater Services 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	3.92	3.93	58.74	58.64	-0.1 %
Public	2.75	2.77	18.75	22.31	+3.56 %
DII	1.02	0.94	15.25	14	-1.25 %
FII	0.48	0.34	7.26	5.05	-2.21 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 58.74% in December 2023 to 58.64% 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 increased from 18.75% in December 2023 to 22.31% in March 2024.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 15.25% in December 2023 to 14% in March 2024 , indicating that domestic institutions reduced their -1.25 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 7.26% in December 2023 to 5.05% 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 (%)
Shanthi Tangirala	1.624	1.624	24.34	24.25	-0.09 %
Raghunandana Tangirala	1.577	1.585	23.64	23.67	+ 0.03 %
Tangi Facility Solutions Private Limited	0.717	0.717	10.75	10.71	-0.04 %

Shanthi Tangirala faced a downturn in stakeholding this quarter, witnessing a decline of -0.09 % in stakeholding compared to the previous quarter.Raghunandana Tangirala has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 0.03 %.Tangi Facility Solutions Private Limited faced a downturn in stakeholding this quarter, witnessing a decline of -0.04 % 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 (%)
Resident Individuals holding nominal share capital up to Rs. 2 lakhs	0.206	0.399	3.09	5.97	+ 2.88 %
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	0.389	0.474	5.82	7.08	+ 1.26 %
Ashish Kacholia	0.131	0.131	1.96	1.95	-0.01 %
Non Resident Indians (NRIs)	0.004	0.008	0.05	0.13	+ 0.08 %
Foreign Companies	0.294	0.294	4.41	4.39	-0.02 %
India Business Excellence Fund Iia	0.294	0.294	4.41	4.39	-0.02 %
Bodies Corporate	0.133	0.145	2	2.16	+ 0.16 %
Any Other (specify)	0.226	0.173	3.38	2.58	-0.8 %
HUF	0	0.039	0	0.58	+0.58%
LLP	0	0.019	0	0.28	+0.28%
Vistra Itcl (India) Limited (Trustee Of Business Excellence Trust Ii – India Business Excellence Fund Ii)	0	0.115	0	1.71	+1.71%
Vistra Itcl (India) Limited	0.199	0	2.98	0	-2.98%

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 2.88 %.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 1.26 %.Observations show a significant difference of -0.01 % in Ashish Kacholia’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.08 %.Observations show a significant difference of -0.02 % in Foreign Companies’s financial performance between quarters.Observations show a significant difference of -0.02 % in India Business Excellence Fund Iia’s financial performance between quarters.Leading the way to higher stakeholding, Bodies Corporate has significantly boosted stakeholding by an impressive 0.16 %.Observations show a significant difference of -0.8 % in Any Other (specify)’s financial performance between quarters.HUF had no shares in the previous quarter but now holds 0.58% of shares in the current quarter.LLP had no shares in the previous quarter but now holds 0.28% of shares in the current quarter.Vistra Itcl (India) Limited (Trustee Of Business Excellence Trust Ii – India Business Excellence Fund Ii) had no shares in the previous quarter but now holds 1.71% of shares in the current quarter.Vistra Itcl (India) Limited had 2.98% 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 (%)
Mutual Funds/	0.606	0.642	9.08	9.6	+ 0.52 %
Icici Prudential Technology Fund	0.212	0.225	3.18	3.35	+ 0.17 %
Bandhan Sterling Value Fund	0.332	0.357	4.98	5.34	+ 0.36 %
Insurance Companies	0.302	0.295	4.53	4.4	-0.13 %
Aditya Birla Sun Life Insurance Company Limited	0	0.295	0	4.4	+4.4%
Alternate Investment Funds	0.110	0	1.65	0	-1.65%

The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.52 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Icici Prudential Technology Fund, reflecting an uptick of 0.17 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Bandhan Sterling Value Fund, reflecting an uptick of 0.36 % in their shares.Insurance Companies decreased their stake from 4.4% in the previous quarter to 4.53% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.Aditya Birla Sun Life Insurance Company Limited had no shares in the previous quarter but now holds 4.4% of shares in the current quarter.Alternate Investment Funds had 1.65% 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	0.484	0.336	7.26	5.02	-2.24 %
East Bridge Capital Master Fund I Ltd	0	0.212	0	3.16	+3.16%
Foreign Portfolio Investors Category II	0	0.002	0	0.03	+0.03%
Morgan Stanley Asia (Singapore) Pte. – Odi	0.120	0	1.8	0	-1.8%
Bnp Paribas Financial Markets – Odi	0.203	0	3.05	0	-3.05%

Stakeholding dwindled by -2.24 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.East Bridge Capital Master Fund I Ltd had no shares in the previous fiii quarter but now holds 3.16% of shares in the current quarter.Foreign Portfolio Investors Category II had no shares in the previous fiii quarter but now holds 0.03% of shares in the current quarter.Morgan Stanley Asia (Singapore) Pte. – Odi had 1.8% of shares in the previous quarter but exited in the current quarter.Bnp Paribas Financial Markets – Odi had 3.05% of shares in the previous quarter but exited in the current quarter.

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