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
31/12/2025
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| (A) Promoter & Promoter Group | 2 | 60,693,667 | 60,693,667 | 41.30 | 41.30 | 60,693,667 | | (B) Public | 271,478 | 86,247,016 | 86,247,016 | 58.70 | 58.70 | 81,679,536 | | (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) | 2 | 60,693,667 | 0 | 60,693,667 | 41.30 | 60,693,667 | | GUJARAT STATE INVESTMENTS LIMITED | 1 | 31,507,658 | 0 | 31,507,658 | 21.44 | 31,507,658 | | GUJARAT STATE FERTILIZERS & CHEMICALS LIMITED | 1 | 29,186,009 | 0 | 29,186,009 | 19.86 | 29,186,009 | | Grand Total | 2 | 60,693,667 | 0 | 60,693,667 | 41.30 | 60,693,667 | |
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| Mutual Funds | 12 | 12,613,685 | 0 | 12,613,685 | 8.58 | 12,604,735 | | ICICI PRUDENTIAL BUSINESS CYCLE FUND | 1 | 12,313,148 | 0 | 12,313,148 | 8.38 | 12,313,148 | | Insurance Companies | 8 | 2,691,674 | 0 | 2,691,674 | 1.83 | 2,691,599 | | THE NEW INDIA ASSURANCE COMPANY LIMITED | 1 | 1,958,255 | 0 | 1,958,255 | 1.33 | 1,958,255 | | Alternate Investment Funds | 5 | 1,008,635 | 0 | 1,008,635 | 0.69 | 1,008,635 | | NBFCs registered with RBI | 6 | 13,625 | 0 | 13,625 | 0.01 | 13,625 | | Banks | 17 | 8,304 | 0 | 8,304 | 0.01 | 2,960 | | Foreign Portfolio Investors Category I | 134 | 17,355,151 | 0 | 17,355,151 | 11.81 | 17,355,151 | | Foreign Portfolio Investors Category II | 16 | 463,526 | 0 | 463,526 | 0.32 | 463,526 | | Other Foreign Institutions | 3 | 1,300 | 0 | 1,300 | 0.00 | 50 | | FOREIGN INSTITUTIONAL INVESTORS | 2 | 600 | 0 | 600 | 0.00 | 50 | | Overseas Corporate Bodies | 1 | 700 | 0 | 700 | 0.00 | 0 | | Sub Total | 201 | 34,155,900 | 0 | 34,155,900 | 23.25 | 34,140,281 | |
| Any Others (Specify) | 4,246 | 1,955,748 | 0 | 1,955,748 | 1.33 | 1,955,033 | | HUF | 4,206 | 1,896,048 | 0 | 1,896,048 | 1.29 | 1,895,333 | | Trusts | 33 | 48,530 | 0 | 48,530 | 0.03 | 48,530 | | Clearing Members | 7 | 11,170 | 0 | 11,170 | 0.01 | 11,170 | | Bodies Corporate | 3,367 | 3,922,901 | 0 | 3,922,901 | 2.67 | 3,597,887 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 257,972 | 35,904,197 | 0 | 35,904,197 | 24.43 | 32,430,860 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 82 | 4,399,988 | 0 | 4,399,988 | 2.99 | 4,399,982 | | Non Resident Indians (NRIs) | 5,603 | 2,836,227 | 0 | 2,836,227 | 1.93 | 2,083,438 | | Investor Education and Protection Fund (IEPF) | 2 | 3,068,094 | 0 | 3,068,094 | 2.09 | 3,068,094 | | INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY M | 1 | 3,018,640 | 0 | 3,018,640 | 2.05 | 3,018,640 | | Foreign Nationals | 5 | 3,961 | 0 | 3,961 | 0.00 | 3,961 | | Sub Total | 271,277 | 52,091,116 | 0 | 52,091,116 | 35.44 | 47,539,255 | |
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