Shareholding results refer to the distribution of ownership stakes in a company as disclosed in financial reports. These results provide insights into who holds shares, including institutional and retail investors, and can indicate trends in investor confidence. Analyzing shareholding results helps stakeholders understand the company’s ownership dynamics and potential market influence.
Waaree Energies has released its latest shareholding reports, covering the third quarter and the fiscal year ending on (Q3-Dec 2024-2025).This detailed report examines who owns shares, including Promoters, promoter groups, Foreign investors, public investors, and government entities.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares(in %) |
Current Quarter Shares(in %) |
Quarter to Quarter Difference |
Promoters |
18.47 Cr |
18.47 Cr |
64.3 |
64.3 |
0 |
Public |
10.26 Cr |
10.25 Cr |
30.45 |
31.6 |
+1.15 % |
DII
|
86.69 Lakh |
77.60 Lakh |
3.02 |
2.7 |
-0.32 % |
FII
|
64.00 Lakh |
40.20 Lakh |
2.23 |
1.4 |
-0.83 % |
Government
|
0 |
0 |
0 |
0 |
0 |
Promoters shareholding remained stable, at 64.3% in both September 2024- and December 2024-. This indicates that the promoters’ control over the company did not change during this period. The percentage of shares held by the public increased from 30.45% in September 2024-2025 to 31.6% in December 2024-2025.This change suggests that the public’s investment in the company grew during the quarter.Domestic Institutional Investor’s (DII) shareholding decreased slightly from 3.02% in September 2024- to 2.7% in December 2024 , indicating that domestic institutions reduced their -0.32 stake in the company.FIIs (Foreign Institutional Investors) shareholding decreased from 2.23% in September 2024- to 1.4% in December 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.
Below is a detailed table presenting the shareholding percentage of Promoters.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
Pankaj Chimanlal Doshi |
73.84 Lakh |
2.46 Cr |
2.57 |
8.56 |
+ 5.99 % |
Hitesh Chimanlal Doshi |
0 |
1.41 Cr |
0 |
4.91 |
+4.91% |
Viren Chimanlal Doshi |
65.74 Lakh |
1.10 Cr |
2.29 |
3.81 |
+ 1.52 % |
Pankaj Chimanlal Doshi Huf |
0 |
73.84 Lakh |
0 |
2.57 |
+2.57% |
Viren Chimanlal Doshi Huf |
0 |
65.74 Lakh |
0 |
2.29 |
+2.29% |
Pujan Pankaj Doshi |
0 |
7.27 Lakh |
0 |
0.25 |
+0.25% |
Hitesh C Doshi |
1.41 Cr |
0 |
4.91 |
0 |
-4.91% |
Viren C Doshi |
1.10 Cr |
0 |
3.81 |
0 |
-3.81% |
Pujan P Doshi |
7.27 Lakh |
0 |
0.25 |
0 |
-0.25% |
Pankaj Chimanlal Doshi has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 5.99 %.Viren Chimanlal Doshi has showcased a remarkable improvement in stakeholding for this quarter, registering a significant increase of 1.52 %.Hitesh Chimanlal Doshi had no shares in the previous quarter but now holds 4.91% of shares in the current quarter.Pankaj Chimanlal Doshi Huf had no shares in the previous quarter but now holds 2.57% of shares in the current quarter.Viren Chimanlal Doshi Huf had no shares in the previous quarter but now holds 2.29% of shares in the current quarter.Pujan Pankaj Doshi had no shares in the previous quarter but now holds 0.25% of shares in the current quarter.Hitesh C Doshi had 4.91% of shares in the previous quarter but exited in the current quarter.Viren C Doshi had 3.81% of shares in the previous quarter but exited in the current quarter.Pujan P Doshi had 0.25% of shares in the previous quarter but exited in the current quarter.
Below is a detailed table showcasing the public shareholding percentage.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
Key Managerial Personnel |
0 |
17.91 Lakh |
0 |
0.62 |
+0.62% |
Resident Individuals holding nominal share capital up to Rs. 2 lakhs |
2.18 Cr |
2.28 Cr |
7.6 |
7.92 |
+ 0.32 % |
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs |
4.58 Cr |
4.39 Cr |
15.96 |
15.28 |
-0.68 % |
Madhuri Madhusudan Kela |
0 |
33.42 Lakh |
0 |
1.16 |
+1.16% |
Kalpraj Damji Dharamshi |
0 |
66.73 Lakh |
0 |
2.32 |
+2.32% |
Non Resident Indians (NRIs) |
20.27 Lakh |
23.34 Lakh |
0.71 |
0.81 |
+ 0.1 % |
Any Other (specify) |
21.16 Lakh |
43.17 Lakh |
0.74 |
1.5 |
+ 0.76 % |
HUF |
7.50 Lakh |
22.96 Lakh |
0.26 |
0.8 |
+ 0.54 % |
LLP |
13.16 Lakh |
20.16 Lakh |
0.46 |
0.7 |
+ 0.24 % |
Trusts |
50.14 K |
4.38 K |
0.02 |
0 |
-0.02 % |
Madhuri Madhusudan Kela . |
33.42 Lakh |
0 |
1.16 |
0 |
-1.16% |
Kalpraj Damji Dharamshi H |
66.73 Lakh |
0 |
2.32 |
0 |
-2.32% |
V T Energy S.R.I. |
62.40 Lakh |
0 |
2.17 |
0 |
-2.17% |
Leading the way to higher stakeholding, Resident Individuals holding nominal share capital up to Rs. 2 lakhs has significantly boosted stakeholding by an impressive 0.32 %.Observations show a significant difference of -0.68 % in Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs’s financial performance between quarters.Leading the way to higher stakeholding, Non Resident Indians (NRIs) has significantly boosted stakeholding by an impressive 0.1 %.Leading the way to higher stakeholding, Any Other (specify) has significantly boosted stakeholding by an impressive 0.76 %.Leading the way to higher stakeholding, HUF has significantly boosted stakeholding by an impressive 0.54 %.Leading the way to higher stakeholding, LLP has significantly boosted stakeholding by an impressive 0.24 %.Observations show a significant difference of -0.02 % in Trusts’s financial performance between quarters.Key Managerial Personnel had no shares in the previous quarter but now holds 0.62% of shares in the current quarter.Madhuri Madhusudan Kela had no shares in the previous quarter but now holds 1.16% of shares in the current quarter.Kalpraj Damji Dharamshi had no shares in the previous quarter but now holds 2.32% of shares in the current quarter.Madhuri Madhusudan Kela . had 1.16% of shares in the previous quarter but exited in the current quarter.Kalpraj Damji Dharamshi H had 2.32% of shares in the previous quarter but exited in the current quarter.V T Energy S.R.I. had 2.17% of shares in the previous quarter but exited in the current quarter.
Below is a detailed table presenting the shareholding percentage of DIIs.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
Mutual Funds/ |
33.98 Lakh |
41.50 Lakh |
1.18 |
1.44 |
+ 0.26 % |
Alternate Investment Funds |
19.40 Lakh |
28.80 Lakh |
0.68 |
1 |
+ 0.32 % |
Banks |
19.00 Lakh |
1.46 Lakh |
0.66 |
0.05 |
-0.61 % |
Insurance Companies |
7.28 Lakh |
5.41 Lakh |
0.25 |
0.19 |
-0.06 % |
Provident Funds/ Pension Funds |
77.10 K |
16.64 K |
0.03 |
0.01 |
-0.02 % |
NBFCs registered with RBI |
6.27 Lakh |
25.59 K |
0.22 |
0.01 |
-0.21 % |
The latest quarter saw a considerable enhancement in stakeholding for Mutual Funds/, reflecting an uptick of 0.26 % in their shares.The latest quarter saw a considerable enhancement in stakeholding for Alternate Investment Funds, reflecting an uptick of 0.32 % in their shares.Banks decreased their stake from 0.05% in the previous quarter to 0.66% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.61 %.Insurance Companies decreased their stake from 0.19% in the previous quarter to 0.25% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.06 %.Provident Funds/ Pension Funds decreased their stake from 0.01% in the previous quarter to 0.03% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.02 %.NBFCs registered with RBI decreased their stake from 0.01% in the previous quarter to 0.22% in the current quarter.It describes a decrease in stakes over consecutive quarters, specifically by -0.21 %.
The table below displays the shareholding percentage of FIIs.
Shareholder Name |
Previous Quarter Quantity |
Current Quarter Quantity |
Previous Quarter Shares (in %) |
Current Quarter Shares (in %) |
Quarter-to-Quarter Difference (%) |
Foreign Portfolio Investors Category I |
63.98 Lakh |
40.11 Lakh |
2.23 |
1.4 |
-0.83 % |
Stakeholding dwindled by -0.83 % for Foreign Portfolio Investors Category I in comparison to the preceding quarter.
Madhuri Madhusudan Kela, these shareholders are the Anchor investors of current and previous quarter. [my_shortcode1 values=”Waaree Energies”]