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 | 1 | 150,799,905 | 150,799,905 | 37.84 | 37.84 | 150,799,905 | | (B) Public | 313,328 | 247,677,625 | 247,677,625 | 62.16 | 62.16 | 242,238,405 | | (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) | 1 | 150,799,905 | 0 | 150,799,905 | 37.84 | 150,799,905 | | GUJARAT STATE INVETMENTS LIMITED | 1 | 150,799,905 | 0 | 150,799,905 | 37.84 | 150,799,905 | | Grand Total | 1 | 150,799,905 | 0 | 150,799,905 | 37.84 | 150,799,905 | |
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| Mutual Funds | 16 | 25,690,231 | 0 | 25,690,231 | 6.45 | 25,687,681 | | QUANT MUTUAL FUND - QUANT SMALL CAP FUND | 1 | 13,685,832 | 0 | 13,685,832 | 3.43 | 13,685,832 | | ICICI PRUDENTIAL SMALL CAP FUND | 1 | 6,388,701 | 0 | 6,388,701 | 1.60 | 6,388,701 | | Insurance Companies | 3 | 3,048,179 | 0 | 3,048,179 | 0.76 | 3,048,179 | | Alternate Investment Funds | 3 | 485,474 | 0 | 485,474 | 0.12 | 485,474 | | NBFCs registered with RBI | 5 | 42,420 | 0 | 42,420 | 0.01 | 42,420 | | Banks | 27 | 99,124 | 0 | 99,124 | 0.02 | 62,454 | | Foreign Portfolio Investors Category I | 120 | 45,340,295 | 0 | 45,340,295 | 11.38 | 45,340,295 | | Other Financial Institutions | 1 | 1,791,243 | 0 | 1,791,243 | 0.45 | 1,791,243 | | Foreign Portfolio Investors Category II | 14 | 3,635,752 | 0 | 3,635,752 | 0.91 | 3,635,752 | | Other Foreign Institutions | 1 | 150 | 0 | 150 | 0.00 | 150 | | Citibank N A Jointly with Vakharia K Brijlal And Vakharia M Brijlal | 1 | 150 | 0 | 150 | 0.00 | 150 | | Sub Total | 190 | 80,132,868 | 0 | 80,132,868 | 20.10 | 80,093,648 | |
| Any Others (Specify) | 6,359 | 9,005,185 | 0 | 9,005,185 | 2.26 | 6,874,550 | | HUF | 5,134 | 5,334,959 | 0 | 5,334,959 | 1.34 | 5,333,644 | | Societies | 1,040 | 2,213,975 | 0 | 2,213,975 | 0.56 | 91,935 | | LLP | 108 | 681,572 | 0 | 681,572 | 0.17 | 681,572 | | Clearing Members | 57 | 583,393 | 0 | 583,393 | 0.15 | 583,393 | | Trusts | 20 | 191,286 | 0 | 191,286 | 0.05 | 184,006 | | Bodies Corporate | 1,071 | 9,330,098 | 0 | 9,330,098 | 2.34 | 9,310,468 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 301,701 | 103,712,245 | 0 | 103,712,245 | 26.03 | 100,592,790 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 65 | 15,109,273 | 0 | 15,109,273 | 3.79 | 15,109,273 | | Non Resident Indians (NRIs) | 3,932 | 5,126,148 | 0 | 5,126,148 | 1.29 | 5,001,903 | | Key Managerial Personnel | 1 | 50 | 0 | 50 | 0.00 | 50 | | Investor Education and Protection Fund (IEPF) | 1 | 2,742,723 | 0 | 2,742,723 | 0.69 | 2,742,723 | | Foreign Nationals | 3 | 13,000 | 0 | 13,000 | 0.00 | 13,000 | | Associate companies / Subsidiaries | 1 | 6,035 | 0 | 6,035 | 0.00 | 0 | | Sub Total | 313,134 | 145,044,757 | 0 | 145,044,757 | 36.40 | 139,644,757 | |
| Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 4 | 22,500,000 | 0 | 22,500,000 | 5.65 | 22,500,000 | | Gujarat Alkalies And Chemicals Limited | 1 | 7,500,000 | 0 | 7,500,000 | 1.88 | 7,500,000 | | Gujarat Narmada Valley Fertilizers Company Limited | 1 | 7,500,000 | 0 | 7,500,000 | 1.88 | 7,500,000 | | Gujarat Mineral Development Corporation Ltd | 1 | 5,000,000 | 0 | 5,000,000 | 1.25 | 5,000,000 | | Sub Total | 4 | 22,500,000 | 0 | 22,500,000 | 5.65 | 22,500,000 | |
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