Updater Services 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 | 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.
