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 | 4 | 33,201,850 | 33,201,850 | 36.81 | 36.81 | 33,201,850 | 100.00 | 33,201,850 | | (B) Public | 21,905 | 56,985,665 | 56,985,665 | 63.19 | 63.19 | 33,465,665 | 58.73 | 56,985,665 | | (C1) Shares underlying DRs | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 | | (C2) Shares held by Employee Trust | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 | | (C) Non Promoter-Non Public | 0 | 0 | 0 | 0.00 | 0.00 | 0 | 0.00 | 0 |
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| Individuals / Hindu Undivided Family | 3 | 18,596,640 | 0 | 18,596,640 | 20.62 | 18,596,640 | | Parth N Shah | 1 | 6,198,880 | 0 | 6,198,880 | 6.87 | 6,198,880 | | Rushit S Shah | 1 | 6,198,880 | 0 | 6,198,880 | 6.87 | 6,198,880 | | Umesh Satishkumar Uttamchandani | 1 | 6,198,880 | 0 | 6,198,880 | 6.87 | 6,198,880 | | Aadhhya Parth Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Amisha Jaimin Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ashaben S Uttamchandani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ashok Navnitlal Dave | 0 | 0 | 0 | 0 | 0.00 | 0 | | Chirag Mahendrabhai Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Devashish Pranav Pandya | 0 | 0 | 0 | 0 | 0.00 | 0 | | Himanshu Uttamchandani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Jaimin Jagdishbhai Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Jaimin Jagdishbhai Shah HUF | 0 | 0 | 0 | 0 | 0.00 | 0 | | Jaykishan Prkashbhai Atlani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Jayshreeben Jagdishbhai Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Kamal Vasantlal Mehta | 0 | 0 | 0 | 0 | 0.00 | 0 | | Khushalee Ashokkumar Dave | 0 | 0 | 0 | 0 | 0.00 | 0 | | Kruti Pranav Pandya | 0 | 0 | 0 | 0 | 0.00 | 0 | | Manisha Mahendrakumar Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Margi Mohit Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Mehar Pranav Pandya | 0 | 0 | 0 | 0 | 0.00 | 0 | | Mona Mahendrabhai Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Naimesh Chandrakant Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Neha Uttamchandani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Nilaxiben Shardulbhai Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Nisha S Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Nitaben Ashokkumar Dave | 0 | 0 | 0 | 0 | 0.00 | 0 | | Parin Kamal Mehta | 0 | 0 | 0 | 0 | 0.00 | 0 | | Parulben Naimesh Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Prakash Relumal Atlani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Pranav Niranjan Pandya | 0 | 0 | 0 | 0 | 0.00 | 0 | | Pranav Niranjan Pandya HUF | 0 | 0 | 0 | 0 | 0.00 | 0 | | Pratibhaben Mohanlal Desai | 0 | 0 | 0 | 0 | 0.00 | 0 | | Priya Ashokkumar Dave | 0 | 0 | 0 | 0 | 0.00 | 0 | | Rakhi S Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ramya Ashokkumar Dave | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ravi Uttamchandani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Rekhaben Prkashbhai Atlani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shilpa Pragneshkumar Pandya | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shruti Savio Gonsalves | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sonu Jigarkumar Mehta | 0 | 0 | 0 | 0 | 0.00 | 0 | | Suvarna Kamal Mehta | 0 | 0 | 0 | 0 | 0.00 | 0 | | Trisha Uttamchandani | 0 | 0 | 0 | 0 | 0.00 | 0 | | Vinisha Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Vyom Shah | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 1 | 14,605,210 | 0 | 14,605,210 | 16.19 | 14,605,210 | | DEV INFORMATION TECHNOLOGY LIMITED | 1 | 14,605,210 | 0 | 14,605,210 | 16.19 | 14,605,210 | | Anjani Infrastructure Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Byte Technosys Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Confiable Advisory LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Dhyey Consulting Services Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Finex Accounting Services Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | M N Shah Capital Services Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Minddefft Technologies Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 4 | 33,201,850 | 0 | 33,201,850 | 36.81 | 33,201,850 | |
| Any Others (Specify) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Dev Info-Tech North America Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Dynamic Stars LLC | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 4 | 33,201,850 | 0 | 33,201,850 | 36.81 | 33,201,850 | |
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| Mutual Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Insurance Companies | 1 | 819,680 | 0 | 819,680 | 0.91 | 819,680 | | Venture Capital Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Venture Capital Investors | 0 | 0 | 0 | 0 | 0.00 | 0 | | Provident Funds/ Pension Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Alternate Investment Funds | 5 | 4,195,514 | 0 | 4,195,514 | 4.65 | 4,195,514 | | FINAVENUE CAPITAL TRUST - FINAVENUE GROWTH FUND | 1 | 1,681,331 | 0 | 1,681,331 | 1.86 | 1,681,331 | | VPK GLOBAL VENTURES FUND - VPK GLOBAL VENTURES FUN | 1 | 983,710 | 0 | 983,710 | 1.09 | 983,710 | | NBFCs registered with RBI | 0 | 0 | 0 | 0 | 0.00 | 0 | | Overseas Depositories (holding DRs) (balancing figure) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Banks | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category I | 5 | 2,103,809 | 0 | 2,103,809 | 2.33 | 2,103,809 | | Other Financial Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category II | 1 | 4,819 | 0 | 4,819 | 0.01 | 4,819 | | Sovereign Wealth Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Asset reconstruction companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Direct Investment | 0 | 0 | 0 | 0 | 0.00 | 0 | | Other Foreign Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (Institutions - Domestic) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 12 | 7,123,822 | 0 | 7,123,822 | 7.90 | 7,123,822 | |
| Any Others (Specify) | 516 | 725,613 | 0 | 725,613 | 0.80 | 725,613 | | HUF | 516 | 725,613 | 0 | 725,613 | 0.80 | 725,613 | | Bodies Corporate | 75 | 23,657,607 | 0 | 23,657,607 | 26.23 | 23,657,607 | | PARASHWANATH LAND ORGANISERS LLP | 1 | 6,780,480 | 0 | 6,780,480 | 7.52 | 6,780,480 | | UNMAJ CORPORATION LLP | 1 | 3,928,360 | 0 | 3,928,360 | 4.36 | 3,928,360 | | PARBHUDAS KISHORDAS TOBACCO PRODUCTS PRIVATE LIMITED | 1 | 2,833,645 | 0 | 2,833,645 | 3.14 | 2,833,645 | | CHHATISGARH INVESTMENTS LIMITED | 1 | 1,769,900 | 0 | 1,769,900 | 1.96 | 1,769,900 | | TIPSONS CONSULTANCY SERVICES PVT LTD | 1 | 1,392,045 | 0 | 1,392,045 | 1.54 | 1,392,045 | | J P TOBACCO PRODUCTS PRIVATE LIMITED | 1 | 1,144,715 | 0 | 1,144,715 | 1.27 | 1,144,715 | | ADVENT ENVIROCARE PRIVATE LIMITED | 1 | 1,022,635 | 0 | 1,022,635 | 1.13 | 1,022,635 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 21,219 | 10,846,759 | 0 | 10,846,759 | 12.03 | 10,846,759 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 24 | 14,054,941 | 0 | 14,054,941 | 15.58 | 14,054,941 | | KALPESH HARAKHCHAND GALA | 1 | 4,021,051 | 0 | 4,021,051 | 4.46 | 4,021,051 | | AMIT RANCHHODLAL CHOKSHI | 1 | 2,150,000 | 0 | 2,150,000 | 2.38 | 2,150,000 | | AJAY SURENDRABHAI PATEL | 1 | 1,874,080 | 0 | 1,874,080 | 2.08 | 1,874,080 | | Non Resident Indians (NRIs) | 59 | 576,923 | 0 | 576,923 | 0.64 | 576,923 | | Foreign Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Key Managerial Personnel | 0 | 0 | 0 | 0 | 0.00 | 0 | | Investor Education and Protection Fund (IEPF) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Directors and their relatives (excluding independent directors and nominee directors) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Nationals | 0 | 0 | 0 | 0 | 0.00 | 0 | | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Associate companies / Subsidiaries | 0 | 0 | 0 | 0 | 0.00 | 0 | | Trusts where any person belonging to 'Promoter and Promoter Group' category is 'trustee', 'beneficiary', or 'author of the trust' | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 21,893 | 49,861,843 | 0 | 49,861,843 | 55.28 | 49,861,843 | |
| Central Government / President of India | 0 | 0 | 0 | 0 | 0.00 | 0 | | State Government / Governor | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 21,905 | 56,985,665 | 0 | 56,985,665 | 63.18 | 56,985,665 | |
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| Custodian/DR Holder | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Employee Benefit Trust | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
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