You can view the shareholding pattern for the latest three quarters for the company
under two broad categories (Promoter & Non Promters).
Shareholding Pattern as on
30/09/2025
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| (A) Promoter & Promoter Group | 3 | 10,735,226 | 10,735,226 | 71.04 | 71.04 | 10,735,226 | | (B) Public | 26,789 | 4,376,749 | 4,376,749 | 28.96 | 28.96 | 4,343,002 | | (C1) Shares underlying DRs | 0 | 0 | 0 | 0.00 | 0.00 | 0 | | (C2) Shares held by Employee Trust | 0 | 0 | 0 | 0.00 | 0.00 | 0 | | (C) Non Promoter-Non Public | 0 | 0 | 0 | 0.00 | 0.00 | 0 |
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| Any Other (specify) | 1 | 5,367,806 | 0 | 5,367,806 | 35.52 | 5,367,806 | | BF INVESTMENT LIMITED | 1 | 5,367,806 | 0 | 5,367,806 | 35.52 | 5,367,806 | | Sub Total | 1 | 5,367,806 | 0 | 5,367,806 | 35.52 | 5,367,806 | |
| Any Others (Specify) | 2 | 5,367,420 | 0 | 5,367,420 | 35.52 | 5,367,420 | | MERITOR HEAVY VEHICLE SYSTEMS, LLC | 1 | 5,367,275 | 0 | 5,367,275 | 35.52 | 5,367,275 | | CUMMINS INC | 1 | 145 | 0 | 145 | 0.00 | 145 | | Sub Total | 2 | 5,367,420 | 0 | 5,367,420 | 35.52 | 5,367,420 | | Grand Total | 3 | 10,735,226 | 0 | 10,735,226 | 71.04 | 10,735,226 | |
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| Mutual Funds | 8 | 2,122,207 | 0 | 2,122,207 | 14.04 | 2,121,619 | | ICICI PRUDENTIAL SMALLCAP FUND - VARIOUS SCHEMES | 1 | 1,331,528 | 0 | 1,331,528 | 8.81 | 1,331,528 | | NIPPON LIFE INDIA TRUSTEE LTD | 1 | 411,688 | 0 | 411,688 | 2.72 | 411,688 | | SBI CONTRA FUND | 1 | 200,000 | 0 | 200,000 | 1.32 | 200,000 | | Alternate Investment Funds | 1 | 659 | 0 | 659 | 0.00 | 659 | | NBFCs registered with RBI | 1 | 20,000 | 0 | 20,000 | 0.13 | 20,000 | | Foreign Portfolio Investors Category I | 37 | 103,804 | 0 | 103,804 | 0.69 | 103,804 | | Foreign Portfolio Investors Category II | 2 | 3,494 | 0 | 3,494 | 0.02 | 3,494 | | Sub Total | 49 | 2,250,164 | 0 | 2,250,164 | 14.88 | 2,249,576 | |
| Any Others (Specify) | 650 | 102,130 | 0 | 102,130 | 0.68 | 102,130 | | HUF | 629 | 93,054 | 0 | 93,054 | 0.62 | 93,054 | | LLP | 13 | 8,342 | 0 | 8,342 | 0.06 | 8,342 | | Clearing Members | 4 | 569 | 0 | 569 | 0.00 | 569 | | Trusts | 3 | 90 | 0 | 90 | 0.00 | 90 | | Unclaimed or Suspense or Escrow Account | 1 | 75 | 0 | 75 | 0.00 | 75 | | Bodies Corporate | 176 | 139,471 | 0 | 139,471 | 0.92 | 139,383 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 25,052 | 1,599,907 | 0 | 1,599,907 | 10.59 | 1,566,836 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 2 | 131,600 | 0 | 131,600 | 0.87 | 131,600 | | Non Resident Indians (NRIs) | 854 | 112,329 | 0 | 112,329 | 0.74 | 112,329 | | Key Managerial Personnel | 3 | 5 | 0 | 5 | 0.00 | 5 | | Investor Education and Protection Fund (IEPF) | 1 | 40,330 | 0 | 40,330 | 0.27 | 40,330 | | Directors and their relatives (excluding independent directors and nominee directors) | 2 | 813 | 0 | 813 | 0.01 | 813 | | Sub Total | 26,740 | 2,126,585 | 0 | 2,126,585 | 14.08 | 2,093,426 | |
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