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 | 7 | 33,986,310 | 33,986,310 | 46.28 | 46.28 | 33,986,310 | | (B) Public | 70,364 | 39,450,618 | 39,450,618 | 53.72 | 53.72 | 38,912,215 | | (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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| Central Government/ State Government(s) | 1 | 21 | 0 | 21 | 0.00 | 21 | | Governor Of Gujarat | 1 | 21 | 0 | 21 | 0.00 | 21 | | Any Other (specify) | 6 | 33,986,289 | 0 | 33,986,289 | 46.28 | 33,986,289 | | Bodies Corporate | 6 | 33,986,289 | 0 | 33,986,289 | 46.27 | 33,986,289 | | 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 | 1,759,996 | 0 | 1,759,996 | 2.40 | 1,759,996 | | Grand Total | 7 | 33,986,310 | 0 | 33,986,310 | 46.28 | 33,986,310 | |
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| Mutual Funds | 6 | 2,323,726 | 0 | 2,323,726 | 3.16 | 2,323,370 | | Icici Prudential Smallcap Fund | 1 | 2,322,877 | 0 | 2,322,877 | 3.16 | 2,322,877 | | Alternate Investment Funds | 1 | 5,024 | 0 | 5,024 | 0.01 | 5,024 | | Banks | 6 | 1,497 | 0 | 1,497 | 0.00 | 1,072 | | Insurance Companies | 2 | 994,004 | 0 | 994,004 | 1.35 | 993,954 | | The New India Assurance Company Limited | 1 | 993,954 | 0 | 993,954 | 1.35 | 993,954 | | NBFCs registered with RBI | 2 | 1,375 | 0 | 1,375 | 0.00 | 1,375 | | Other Financial Institutions | 1 | 50 | 0 | 50 | 0.00 | 0 | | Foreign Portfolio Investors Category I | 43 | 735,542 | 0 | 735,542 | 1.00 | 735,542 | | Foreign Portfolio Investors Category II | 3 | 12,752 | 0 | 12,752 | 0.02 | 12,752 | | Any Other (specify) | 3 | 170 | 0 | 170 | 0.00 | 36 | | Other | 3 | 170 | 0 | 170 | 0.00 | 36 | | Sub Total | 67 | 4,074,140 | 0 | 4,074,140 | 5.54 | 4,073,125 | |
| Investor Education and Protection Fund (IEPF) | 1 | 355,913 | 0 | 355,913 | 0.48 | 355,913 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 67,040 | 9,567,344 | 0 | 9,567,344 | 13.03 | 9,091,964 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 14 | 2,579,652 | 0 | 2,579,652 | 3.51 | 2,579,652 | | Shreyans Shantilal Shah | 1 | 1,295,913 | 0 | 1,295,913 | 1.76 | 1,295,913 | | Non Resident Indians (NRIs) | 1,516 | 436,669 | 0 | 436,669 | 0.59 | 436,005 | | Foreign Nationals | 1 | 141 | 0 | 141 | 0.00 | 141 | | Bodies Corporate | 338 | 21,833,267 | 0 | 21,833,267 | 29.73 | 21,830,486 | | 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 | 1,638,057 | 0 | 1,638,057 | 2.23 | 1,638,057 | | Gujarat Industries Power Company Ltd. | 1 | 1,103,360 | 0 | 1,103,360 | 1.50 | 1,103,360 | | Any Other (specify) | 1,387 | 603,492 | 0 | 603,492 | 0.82 | 544,929 | | Clearing Members | 29 | 63,607 | 0 | 63,607 | 0.09 | 63,607 | | HUF | 1,302 | 447,217 | 0 | 447,217 | 0.61 | 446,960 | | LLP | 43 | 32,671 | 0 | 32,671 | 0.04 | 32,671 | | Societies | 8 | 6,212 | 0 | 6,212 | 0.01 | 0 | | Trusts | 4 | 53,431 | 0 | 53,431 | 0.07 | 1,337 | | Unclaimed or Suspense or Escrow Account | 1 | 354 | 0 | 354 | 0.00 | 354 | | Sub Total | 70,297 | 35,376,478 | 0 | 35,376,478 | 48.16 | 34,839,090 | |
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