Shareholding Pattern: Shareholding Pattern Vedant Fashions 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	18.21	18.21	74.98	74.97	-0.01 %
Public	6.07	6.08	3.55	4.26	+0.71 %
DII	3.33	3.07	13.73	12.64	-1.09 %
FII	1.88	1.98	7.74	8.13	+0.39 %
Government	0	0	0	0	0

Promoters’ shareholding decreased from 74.98% in December 2023 to 74.97% 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 3.55% in December 2023 to 4.26% 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 13.73% in December 2023 to 12.64% in March 2024 , indicating that domestic institutions reduced their -1.09 stake in the company.FIIs (Foreign Institutional Investors): There was a significant increase from 7.74% in December 2023 to 8.13% in March 2024. This suggests that foreign institutions grew their investments 0.39 in the company during the quarter.

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 (%)
Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited)	13.886	13.886	57.18	57.17	-0.01 %

Ravi Modi Family Trust (acting through its trustee, Modi Fiduciary Services Private Limited) faced a downturn in stakeholding this quarter, witnessing a decline of -0.01 % 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	0.571	0.723	2.35	2.98	+ 0.63 %
Non Resident Indians (NRIs)	0.065	0.087	0.27	0.36	+ 0.09 %
Bodies Corporate	0.194	0.189	0.8	0.78	-0.02 %
Any Other (specify)	0.009	0.013	0.04	0.06	+ 0.02 %
HUF	0.009	0.013	0.04	0.05	+ 0.01 %

Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.63 %.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.09 %.Observations show a significant difference of -0.02 % in Bodies Corporate’s financial performance between quarters.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.02 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 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 (%)
Mutual Funds/	2.497	2.276	10.28	9.37	-0.91 %
SBI EQUITY HYBRID FUND	0.901	0.866	3.71	3.56	-0.15 %
KOTAK EQUITY OPPORTUNITIES FUND	0.388	0.376	1.6	1.55	-0.05 %
Alternate Investment Funds	0.115	0.111	0.47	0.46	-0.01 %
Insurance Companies	0.638	0.608	2.63	2.5	-0.13 %
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED	0	0.361	0	1.49	+1.49%
Provident Funds/ Pension Funds	0.084	0.076	0.35	0.31	-0.04 %
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F	0.270	0	1.11	0	-1.11%

Mutual Funds/ decreased their stake from 9.37% in the previous quarter to 10.28% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.91 %.SBI EQUITY HYBRID FUND decreased their stake from 3.56% in the previous quarter to 3.71% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.15 %.KOTAK EQUITY OPPORTUNITIES FUND decreased their stake from 1.55% in the previous quarter to 1.6% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.05 %.Alternate Investment Funds decreased their stake from 0.46% in the previous quarter to 0.47% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.01 %.Insurance Companies decreased their stake from 2.5% in the previous quarter to 2.63% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.13 %.Provident Funds/ Pension Funds decreased their stake from 0.31% in the previous quarter to 0.35% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.04 %.ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED had no shares in the previous quarter but now holds 1.49% of shares in the current quarter.AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL F had 1.11% 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	1.866	1.950	7.69	8.03	+ 0.34 %
GOVERNMENT PENSION FUND GLOBAL	0.507	0.541	2.09	2.23	+ 0.14 %
Foreign Portfolio Investors Category II	0.014	0.025	0.06	0.1	+ 0.04 %

During this past quarter, there was a noteworthy upswing in stakeholding for Foreign Portfolio Investors Category I, which experienced a significant increase of 0.34 % .During this past quarter, there was a noteworthy upswing in stakeholding for GOVERNMENT PENSION FUND GLOBAL, which experienced a significant increase of 0.14 % .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 % .