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 | 13 | 50,532,939 | 50,532,939 | 74.58 | 74.46 | 50,532,939 | 100.00 | 50,532,939 | | (B) Public | 80,836 | 17,222,761 | 17,222,761 | 25.42 | 25.54 | 6,458,332 | 37.50 | 17,222,761 | | (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 | 7 | 50,532,879 | 0 | 50,532,879 | 74.58 | 50,532,879 | | Kushal Subbayya Hegde | 1 | 23,873,132 | 0 | 23,873,132 | 35.23 | 23,873,132 | | Rajesh Kushal Hedge | 1 | 10,027,579 | 0 | 10,027,579 | 14.80 | 10,027,579 | | Rohit Kushal Hegde | 1 | 10,027,579 | 0 | 10,027,579 | 14.80 | 10,027,579 | | Pushpa Kushal Hegde | 1 | 6,604,289 | 0 | 6,604,289 | 9.75 | 6,604,289 | | Akhila Balasubramanian | 0 | 0 | 0 | 0 | 0.00 | 0 | | Amaara Rohit Hegde | 0 | 0 | 0 | 0 | 0.00 | 0 | | Anjali Shetty | 0 | 0 | 0 | 0 | 0.00 | 0 | | Dorairajan Balasubramanian | 0 | 0 | 0 | 0 | 0.00 | 0 | | Jayaram Shetty | 0 | 0 | 0 | 0 | 0.00 | 0 | | Jayaram Subbayya Hegde | 0 | 0 | 0 | 0 | 0.00 | 0 | | Jayashree Malli | 0 | 0 | 0 | 0 | 0.00 | 0 | | Katyayani Balasubramanian | 1 | 100 | 0 | 100 | 0.00 | 100 | | Kimaya Rohit Hegde | 0 | 0 | 0 | 0 | 0.00 | 0 | | Maithili Rajesh Hegde | 1 | 100 | 0 | 100 | 0.00 | 100 | | Rakhi Girija Shetty | 1 | 100 | 0 | 100 | 0.00 | 100 | | Rihanna Rajesh Hegde | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shakti Chhaya Balasubramanian | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 6 | 60 | 0 | 60 | 0.00 | 60 | | Annapurna Family Trust [Represented by Waterloo Industrial Park VI Private Limited as Trustees of An | 1 | 10 | 0 | 10 | 0.00 | 10 | | Broad Family Trust [Represented by Waterloo Industrial Park VI Private Limited as Trustees of Board | 1 | 10 | 0 | 10 | 0.00 | 10 | | Dhaulagiri Family Trust [Represented by Waterloo Industrial Park VI Private Limited as Trustees of D | 1 | 10 | 0 | 10 | 0.00 | 10 | | Everest Family Trust [Represented by Waterloo Industrial Park VI Private Limited and Rajesh Kushal H | 1 | 10 | 0 | 10 | 0.00 | 10 | | Kalyani Wines | 0 | 0 | 0 | 0 | 0.00 | 0 | | Kanchenjunga Family Trust [Represented by Waterloo Industrial Park VI Private Limited as Trustees of | 1 | 10 | 0 | 10 | 0.00 | 10 | | KSH Distriparks Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | KSH Infra Park 5 Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | KSH Infra Park VI Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | KSH Integrated Logistics Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | KSH Projectmanagement Services Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Kushal Electricals | 0 | 0 | 0 | 0 | 0.00 | 0 | | Kushal Motors and Electricals Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Makalu Family Trust [Represented by Waterloo Industrial Park VI Private Limited and Rohit Kushal Heg | 1 | 10 | 0 | 10 | 0.00 | 10 | | Mudita Alliance | 0 | 0 | 0 | 0 | 0.00 | 0 | | Parijat Foundation | 0 | 0 | 0 | 0 | 0.00 | 0 | | Rudraksh Developers | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shankar Hotels | 0 | 0 | 0 | 0 | 0.00 | 0 | | Standard Diesels | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park I Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park II Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park III Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park IV Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park IX A Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park IX B Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park IX Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park V Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park VI Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Industrial Park VIII Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Motors | 0 | 0 | 0 | 0 | 0.00 | 0 | | Waterloo Motors Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 13 | 50,532,939 | 0 | 50,532,939 | 74.58 | 50,532,939 | |
| Individuals (Non-Resident Individuals/ Foreign Individuals) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Ahana Shetty | 0 | 0 | 0 | 0 | 0.00 | 0 | | Inika Shetty | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sangeeta Ramprasad Rai | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shanaya Rajesh Hegde | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 13 | 50,532,939 | 0 | 50,532,939 | 74.58 | 50,532,939 | |
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| Mutual Funds | 5 | 7,829,907 | 0 | 7,829,907 | 11.56 | 7,829,907 | | Kotak Mahindra Trustee Co Ltd A/C Kotak Multi Asset Allocation Fund | 1 | 3,645,837 | 0 | 3,645,837 | 5.38 | 3,645,837 | | LIC MF Manufacturing Fund | 1 | 1,666,148 | 0 | 1,666,148 | 2.46 | 1,666,148 | | HDFC Mutual Fund - HDFC Manufacturing Fund | 1 | 1,041,690 | 0 | 1,041,690 | 1.54 | 1,041,690 | | Bank of India Mid & Small Cap Equity & Debt Fund | 1 | 925,091 | 0 | 925,091 | 1.37 | 925,091 | | Insurance Companies | 2 | 598,943 | 0 | 598,943 | 0.88 | 598,943 | | Alternate Investment Funds | 2 | 441,676 | 0 | 441,676 | 0.65 | 441,676 | | Foreign Portfolio Investors Category I | 6 | 2,522,549 | 0 | 2,522,549 | 3.72 | 2,522,549 | | Malabar India Fund Limited | 1 | 1,605,433 | 0 | 1,605,433 | 2.37 | 1,605,433 | | Sub Total | 15 | 11,393,075 | 0 | 11,393,075 | 16.81 | 11,393,075 | |
| Any Others (Specify) | 850 | 179,814 | 0 | 179,814 | 0.27 | 179,814 | | HUF | 840 | 146,099 | 0 | 146,099 | 0.22 | 146,099 | | Clearing Members | 4 | 30,737 | 0 | 30,737 | 0.05 | 30,737 | | LLP | 6 | 2,978 | 0 | 2,978 | 0.00 | 2,978 | | Bodies Corporate | 29 | 278,555 | 0 | 278,555 | 0.41 | 278,555 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 79,675 | 5,302,678 | 0 | 5,302,678 | 7.83 | 5,302,678 | | Non Resident Indians (NRIs) | 267 | 68,639 | 0 | 68,639 | 0.10 | 68,639 | | Key Managerial Personnel | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 80,821 | 5,829,686 | 0 | 5,829,686 | 8.61 | 5,829,686 | |
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