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 | 24 | 9,097,869 | 9,097,869 | 67.65 | 67.65 | 9,097,869 | | (B) Public | 13,144 | 4,350,419 | 4,350,419 | 32.35 | 32.35 | 4,230,775 | | (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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| Individuals / Hindu Undivided Family | 21 | 7,250,039 | 0 | 7,250,039 | 53.91 | 7,250,039 | | Nirmal Vinod Shah | 1 | 1,919,890 | 0 | 1,919,890 | 14.28 | 1,919,890 | | Sameer Vinod Shah | 1 | 1,700,144 | 0 | 1,700,144 | 12.64 | 1,700,144 | | Padma Vinod Shah | 1 | 1,691,100 | 0 | 1,691,100 | 12.57 | 1,691,100 | | Ashwin Ratilal Nagarwadia | 1 | 500,000 | 0 | 500,000 | 3.72 | 500,000 | | Kumud Ashwin Nagarwadia | 1 | 500,000 | 0 | 500,000 | 3.72 | 500,000 | | Shah Bhadresh | 1 | 188,934 | 0 | 188,934 | 1.40 | 188,934 | | Alpana Sandeepbhai Shah | 1 | 129,844 | 0 | 129,844 | 0.97 | 129,844 | | Sameer Vinod Shah Huf | 1 | 117,481 | 0 | 117,481 | 0.87 | 117,481 | | Jyoti Nikhil Mehta | 1 | 94,480 | 0 | 94,480 | 0.70 | 94,480 | | Shilpa Sameer Shah | 1 | 66,695 | 0 | 66,695 | 0.50 | 66,695 | | Sandeepbhai Himatbhai Shah | 1 | 65,135 | 0 | 65,135 | 0.48 | 65,135 | | Shah Parul | 1 | 55,600 | 0 | 55,600 | 0.41 | 55,600 | | Amrita Sameer Shah | 1 | 45,218 | 0 | 45,218 | 0.34 | 45,218 | | Kalpana Sunil Shah | 1 | 43,200 | 0 | 43,200 | 0.32 | 43,200 | | Nikhil Jaysukhlal Mehta | 1 | 40,400 | 0 | 40,400 | 0.30 | 40,400 | | Mallika Sameer Shah | 1 | 33,700 | 0 | 33,700 | 0.25 | 33,700 | | Sandeep H Shah HUF | 1 | 21,624 | 0 | 21,624 | 0.16 | 21,624 | | Raunaq Sameer Shah | 1 | 15,060 | 0 | 15,060 | 0.11 | 15,060 | | Nikhil Jaysukhlal Mehta HUF | 1 | 8,400 | 0 | 8,400 | 0.06 | 8,400 | | Nirmal V Shah HUF | 1 | 7,134 | 0 | 7,134 | 0.05 | 7,134 | | Sunil Dahyalal Shah | 1 | 6,000 | 0 | 6,000 | 0.04 | 6,000 | | Kshitija Nirmal Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Mamta Nirmal Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Rahil Nirmal Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Trupti Nagarwadia | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 3 | 1,847,830 | 0 | 1,847,830 | 13.74 | 1,847,830 | | Visan Holdings Pvt Limited | 1 | 1,310,630 | 0 | 1,310,630 | 9.75 | 1,310,630 | | Finor Piplaj Chemicals Limited | 1 | 275,000 | 0 | 275,000 | 2.04 | 275,000 | | S and N Ventures Private Limited | 1 | 262,200 | 0 | 262,200 | 1.95 | 262,200 | | Grand Total | 24 | 9,097,869 | 0 | 9,097,869 | 67.65 | 9,097,869 | |
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| Mutual Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Insurance Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Venture Capital Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Venture Capital Investors | 0 | 0 | 0 | 0 | 0.00 | 0 | | Provident Funds/ Pension Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Alternate Investment Funds | 2 | 51,234 | 0 | 51,234 | 0.38 | 51,234 | | NBFCs registered with RBI | 1 | 1,140 | 0 | 1,140 | 0.01 | 1,140 | | Overseas Depositories (holding DRs) (balancing figure) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Banks | 1 | 47,600 | 0 | 47,600 | 0.35 | 0 | | Foreign Portfolio Investors Category I | 1 | 82,140 | 0 | 82,140 | 0.61 | 82,140 | | Other Financial Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category II | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sovereign Wealth Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Asset reconstruction companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Direct Investment | 0 | 0 | 0 | 0 | 0.00 | 0 | | Other Foreign Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (Institutions - Domestic) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 5 | 182,114 | 0 | 182,114 | 1.35 | 134,514 | |
| Any Others (Specify) | 321 | 283,815 | 0 | 283,815 | 2.11 | 283,815 | | HUF | 303 | 179,789 | 0 | 179,789 | 1.34 | 179,789 | | LLP | 13 | 68,563 | 0 | 68,563 | 0.51 | 68,563 | | Clearing Members | 5 | 35,463 | 0 | 35,463 | 0.26 | 35,463 | | Bodies Corporate | 75 | 249,454 | 0 | 249,454 | 1.85 | 249,054 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 12,511 | 2,864,491 | 0 | 2,864,491 | 21.30 | 2,804,847 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 5 | 609,987 | 0 | 609,987 | 4.54 | 609,987 | | Ajay Chinubhai Laloo | 1 | 274,100 | 0 | 274,100 | 2.04 | 274,100 | | Zaki Abbas Nasser | 1 | 185,000 | 0 | 185,000 | 1.38 | 185,000 | | Non Resident Indians (NRIs) | 224 | 114,263 | 0 | 114,263 | 0.85 | 102,263 | | Foreign Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Key Managerial Personnel | 2 | 3,531 | 0 | 3,531 | 0.03 | 3,531 | | Investor Education and Protection Fund (IEPF) | 1 | 42,764 | 0 | 42,764 | 0.32 | 42,764 | | Directors and their relatives (excluding independent directors and nominee directors) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Nationals | 0 | 0 | 0 | 0 | 0.00 | 0 | | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Associate companies / Subsidiaries | 0 | 0 | 0 | 0 | 0.00 | 0 | | Trusts where any person belonging to 'Promoter and Promoter Group' category is 'trustee', 'beneficiary', or 'author of the trust' | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 13,139 | 4,168,305 | 0 | 4,168,305 | 31.00 | 4,096,261 | |
| Central Government / President of India | 0 | 0 | 0 | 0 | 0.00 | 0 | | State Government / Governor | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 13,144 | 4,350,419 | 0 | 4,350,419 | 32.35 | 4,230,775 | |
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| Custodian/DR Holder | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Employee Benefit Trust | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
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