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 | 27 | 18,219,894 | 18,219,894 | 67.74 | 67.74 | 18,219,894 | | (B) Public | 12,337 | 8,676,682 | 8,676,682 | 32.26 | 32.26 | 8,676,682 | | (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 | 24 | 14,524,234 | 0 | 14,524,234 | 54.00 | 14,524,234 | | Nirmal Vinod Shah | 1 | 3,614,286 | 0 | 3,614,286 | 13.44 | 3,614,286 | | Sameer Vinod Shah | 1 | 3,400,288 | 0 | 3,400,288 | 12.64 | 3,400,288 | | Padma Vinod Shah | 1 | 3,382,200 | 0 | 3,382,200 | 12.57 | 3,382,200 | | Ashwin Ratilal Nagarwadia | 1 | 1,000,000 | 0 | 1,000,000 | 3.72 | 1,000,000 | | Kumud Ashwin Nagarwadia | 1 | 1,000,000 | 0 | 1,000,000 | 3.72 | 1,000,000 | | Shah Bhadresh | 1 | 377,868 | 0 | 377,868 | 1.40 | 377,868 | | Alpana Sandeepbhai Shah | 1 | 259,788 | 0 | 259,788 | 0.97 | 259,788 | | Sameer Vinod Shah Huf | 1 | 234,962 | 0 | 234,962 | 0.87 | 234,962 | | Jyoti Nikhil Mehta | 1 | 188,960 | 0 | 188,960 | 0.70 | 188,960 | | Mamta Nirmal Shah | 1 | 186,600 | 0 | 186,600 | 0.69 | 186,600 | | Shilpa Sameer Shah | 1 | 133,390 | 0 | 133,390 | 0.50 | 133,390 | | Sandeepbhai Himatbhai Shah | 1 | 130,270 | 0 | 130,270 | 0.48 | 130,270 | | Shah Parul | 1 | 111,200 | 0 | 111,200 | 0.41 | 111,200 | | Amrita Sameer Shah | 1 | 90,436 | 0 | 90,436 | 0.34 | 90,436 | | Kalpana Sunil Shah | 1 | 86,400 | 0 | 86,400 | 0.32 | 86,400 | | Nikhil Jaysukhlal Mehta | 1 | 80,800 | 0 | 80,800 | 0.30 | 80,800 | | Mallika Sameer Shah | 1 | 67,400 | 0 | 67,400 | 0.25 | 67,400 | | Kshitija Nirmal Shah | 1 | 54,200 | 0 | 54,200 | 0.20 | 54,200 | | Sandeep H Shah | 1 | 43,248 | 0 | 43,248 | 0.16 | 43,248 | | Raunaq Sameer Shah | 1 | 30,120 | 0 | 30,120 | 0.11 | 30,120 | | Nikhil Jaysukhlal Mehta, HUF | 1 | 16,800 | 0 | 16,800 | 0.06 | 16,800 | | Nirmal V Shah, HUF | 1 | 14,268 | 0 | 14,268 | 0.05 | 14,268 | | Sunil Dahyalal Shah | 1 | 12,000 | 0 | 12,000 | 0.04 | 12,000 | | Rahil Nirmal Shah | 1 | 8,750 | 0 | 8,750 | 0.03 | 8,750 | | Trupti Nagarwadia | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 3 | 3,695,660 | 0 | 3,695,660 | 13.74 | 3,695,660 | | Visan Holdings Pvt Ltd | 1 | 2,621,260 | 0 | 2,621,260 | 9.75 | 2,621,260 | | Finor Piplaj Chemicals Ltd | 1 | 550,000 | 0 | 550,000 | 2.04 | 550,000 | | S And N Ventures Limited | 1 | 524,400 | 0 | 524,400 | 1.95 | 524,400 | | Grand Total | 27 | 18,219,894 | 0 | 18,219,894 | 67.74 | 18,219,894 | |
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| Alternate Investment Funds | 3 | 215,903 | 0 | 215,903 | 0.80 | 215,903 | | NBFCs registered with RBI | 1 | 2,280 | 0 | 2,280 | 0.01 | 2,280 | | Foreign Portfolio Investors Category I | 2 | 167,046 | 0 | 167,046 | 0.62 | 167,046 | | Sub Total | 6 | 385,229 | 0 | 385,229 | 1.43 | 385,229 | |
| Any Others (Specify) | 374 | 993,927 | 0 | 993,927 | 3.70 | 993,927 | | HUF | 344 | 377,033 | 0 | 377,033 | 1.40 | 377,033 | | Unclaimed or Suspense or Escrow Account | 1 | 248,578 | 0 | 248,578 | 0.92 | 248,578 | | Clearing Members | 9 | 179,684 | 0 | 179,684 | 0.67 | 179,684 | | LLP | 19 | 142,632 | 0 | 142,632 | 0.53 | 142,632 | | Trusts | 1 | 46,000 | 0 | 46,000 | 0.17 | 46,000 | | Bodies Corporate | 101 | 489,361 | 0 | 489,361 | 1.82 | 489,361 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 11,481 | 4,786,802 | 0 | 4,786,802 | 17.80 | 4,786,802 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 16 | 1,701,855 | 0 | 1,701,855 | 6.33 | 1,701,855 | | Ajay Chinubhai Laloo | 1 | 548,300 | 0 | 548,300 | 2.04 | 548,300 | | Non Resident Indians (NRIs) | 358 | 235,580 | 0 | 235,580 | 0.88 | 235,580 | | Investor Education and Protection Fund (IEPF) | 1 | 83,928 | 0 | 83,928 | 0.31 | 83,928 | | Sub Total | 12,331 | 8,291,453 | 0 | 8,291,453 | 30.84 | 8,291,453 | |
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