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
31/03/2026
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| (A) Promoter & Promoter Group | 7 | 34,720,679 | 34,720,679 | 47.28 | 47.28 | 34,720,679 | | (B) Public | 73,025 | 38,716,249 | 38,716,249 | 52.72 | 52.72 | 38,222,760 | | (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) | 6 | 34,720,658 | 0 | 34,720,658 | 47.28 | 34,720,658 | | Gujarat State Investments Limited | 1 | 15,329,373 | 0 | 15,329,373 | 20.87 | 15,329,373 | | Gujarat Industrial Investment Corporation Limited | 1 | 7,119,028 | 0 | 7,119,028 | 9.69 | 7,119,028 | | Gujarat Mineral Development Corporation Ltd | 1 | 4,145,433 | 0 | 4,145,433 | 5.64 | 4,145,433 | | Gujarat Industrial Development Corporation | 1 | 2,897,740 | 0 | 2,897,740 | 3.95 | 2,897,740 | | Gujarat Maritime Board | 1 | 2,734,719 | 0 | 2,734,719 | 3.72 | 2,734,719 | | Gujarat Narmada Valley Fertilizers And Chemicals Limited | 1 | 2,494,365 | 0 | 2,494,365 | 3.40 | 2,494,365 | | Central Government/ State Government(s) | 1 | 21 | 0 | 21 | 0.00 | 21 | | Governor Of Gujarat | 1 | 21 | 0 | 21 | 0.00 | 21 | | Grand Total | 7 | 34,720,679 | 0 | 34,720,679 | 47.28 | 34,720,679 | |
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| Mutual Funds | 5 | 1,575,004 | 0 | 1,575,004 | 2.14 | 1,574,657 | | Icici Prudential Smallcap Fund | 1 | 1,574,163 | 0 | 1,574,163 | 2.14 | 1,574,163 | | Insurance Companies | 2 | 1,159,179 | 0 | 1,159,179 | 1.58 | 1,159,129 | | The New India Assurance Company Limited | 1 | 1,159,129 | 0 | 1,159,129 | 1.58 | 1,159,129 | | NBFCs registered with RBI | 2 | 1,375 | 0 | 1,375 | 0.00 | 1,375 | | Banks | 6 | 1,497 | 0 | 1,497 | 0.00 | 1,072 | | Foreign Portfolio Investors Category I | 38 | 691,241 | 0 | 691,241 | 0.94 | 691,241 | | Foreign Portfolio Investors Category II | 1 | 996 | 0 | 996 | 0.00 | 996 | | Other Foreign Institutions | 2 | 103 | 0 | 103 | 0.00 | 36 | | Foreign Banks | 2 | 103 | 0 | 103 | 0.00 | 36 | | Sub Total | 56 | 3,429,395 | 0 | 3,429,395 | 4.66 | 3,428,506 | |
| Any Others (Specify) | 1,247 | 589,586 | 0 | 589,586 | 0.80 | 531,023 | | HUF | 1,180 | 438,303 | 0 | 438,303 | 0.60 | 438,046 | | Clearing Members | 27 | 66,755 | 0 | 66,755 | 0.09 | 66,755 | | Trusts | 3 | 52,431 | 0 | 52,431 | 0.07 | 337 | | LLP | 28 | 24,370 | 0 | 24,370 | 0.03 | 24,370 | | Societies | 8 | 6,212 | 0 | 6,212 | 0.01 | 0 | | Unclaimed or Suspense or Escrow Account | 1 | 1,515 | 0 | 1,515 | 0.00 | 1,515 | | Bodies Corporate | 254 | 21,800,247 | 0 | 21,800,247 | 29.69 | 21,798,192 | | Lok Prakashan Ltd | 1 | 16,269,355 | 0 | 16,269,355 | 22.15 | 16,269,355 | | Gujarat State Fertilizers & Chemicals Limited | 1 | 1,655,040 | 0 | 1,655,040 | 2.25 | 1,655,040 | | Meridian Chem Bond Private Limited | 1 | 1,647,304 | 0 | 1,647,304 | 2.24 | 1,647,304 | | Gujarat Industries Power Company Ltd. | 1 | 1,103,360 | 0 | 1,103,360 | 1.50 | 1,103,360 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 70,133 | 9,491,485 | 0 | 9,491,485 | 12.92 | 9,060,188 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 16 | 2,650,096 | 0 | 2,650,096 | 3.61 | 2,650,096 | | Shreyans Shantilal Shah | 1 | 1,295,913 | 0 | 1,295,913 | 1.76 | 1,295,913 | | Non Resident Indians (NRIs) | 1,316 | 370,509 | 0 | 370,509 | 0.50 | 369,824 | | Investor Education and Protection Fund (IEPF) | 1 | 384,740 | 0 | 384,740 | 0.52 | 384,740 | | Foreign Nationals | 1 | 141 | 0 | 141 | 0.00 | 141 | | Sub Total | 72,968 | 35,286,804 | 0 | 35,286,804 | 48.04 | 34,794,204 | |
| State Government / Governor | 1 | 50 | 0 | 50 | 0.00 | 50 | | Sub Total | 1 | 50 | 0 | 50 | 0.00 | 50 | |
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