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 | 7 | 8,069,312 | 8,069,312 | 49.95 | 49.95 | 8,069,312 | | (B) Public | 18,485 | 8,085,488 | 8,085,488 | 50.05 | 50.05 | 6,342,693 | | (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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| Individuals / Hindu Undivided Family | 5 | 1,914,312 | 0 | 1,914,312 | 11.85 | 1,914,312 | | Ajay Naishad Desai | 1 | 921,935 | 0 | 921,935 | 5.71 | 921,935 | | Ajay Nalin Parikh | 1 | 466,049 | 0 | 466,049 | 2.88 | 466,049 | | Karan Ajay Parikh | 1 | 370,230 | 0 | 370,230 | 2.29 | 370,230 | | Chhaya Parikh | 1 | 143,298 | 0 | 143,298 | 0.89 | 143,298 | | Rati Ajay Desai | 1 | 12,800 | 0 | 12,800 | 0.08 | 12,800 | | Any Other (specify) | 2 | 6,155,000 | 0 | 6,155,000 | 38.10 | 6,155,000 | | Shivash Business Advisory LLP | 1 | 3,100,000 | 0 | 3,100,000 | 19.19 | 3,100,000 | | Chaykar Business Advisory LLP | 1 | 3,055,000 | 0 | 3,055,000 | 18.91 | 3,055,000 | | Grand Total | 7 | 8,069,312 | 0 | 8,069,312 | 49.95 | 8,069,312 | |
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| Alternate Investment Funds | 1 | 219,036 | 0 | 219,036 | 1.36 | 219,036 | | Pgim India Equity Growth Opportunities Fund Series Ii | 1 | 219,036 | 0 | 219,036 | 1.36 | 219,036 | | Foreign Portfolio Investors Category I | 2 | 66,250 | 0 | 66,250 | 0.41 | 66,250 | | Sub Total | 3 | 285,286 | 0 | 285,286 | 1.77 | 285,286 | |
| Any Others (Specify) | 163 | 154,566 | 0 | 154,566 | 0.96 | 153,666 | | HUF | 153 | 120,290 | 0 | 120,290 | 0.74 | 120,290 | | LLP | 6 | 32,351 | 0 | 32,351 | 0.20 | 32,351 | | Clearing Members | 3 | 1,025 | 0 | 1,025 | 0.01 | 1,025 | | Escrow Account | 1 | 900 | 0 | 900 | 0.01 | 0 | | Bodies Corporate | 66 | 295,644 | 0 | 295,644 | 1.83 | 116,044 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 17,039 | 3,051,542 | 0 | 3,051,542 | 18.89 | 1,781,347 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 23 | 1,879,247 | 0 | 1,879,247 | 11.63 | 1,879,247 | | Aniruddha Narayan Malpani | 1 | 271,219 | 0 | 271,219 | 1.68 | 271,219 | | Anuradha Hardipsingh Bubber | 1 | 227,591 | 0 | 227,591 | 1.41 | 227,591 | | Hardipsingh J Bubber | 1 | 225,302 | 0 | 225,302 | 1.39 | 225,302 | | Rani H Bubber | 1 | 224,649 | 0 | 224,649 | 1.39 | 224,649 | | Non Resident Indians (NRIs) | 1,185 | 846,597 | 0 | 846,597 | 5.24 | 554,497 | | Nayan Pathak | 1 | 237,486 | 0 | 237,486 | 1.47 | 237,486 | | Anjali Pathak | 1 | 221,860 | 0 | 221,860 | 1.37 | 221,860 | | Key Managerial Personnel | 1 | 2,550 | 0 | 2,550 | 0.02 | 2,550 | | Directors and their relatives (excluding independent directors and nominee directors) | 4 | 475,450 | 0 | 475,450 | 2.94 | 475,450 | | Navtejsingh M Bubber | 1 | 225,225 | 0 | 225,225 | 1.39 | 225,225 | | Anita A Bubber | 1 | 213,225 | 0 | 213,225 | 1.32 | 213,225 | | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 1 | 1,094,606 | 0 | 1,094,606 | 6.78 | 1,094,606 | | Meena Pathak | 1 | 1,094,606 | 0 | 1,094,606 | 6.78 | 1,094,606 | | Sub Total | 18,482 | 7,800,202 | 0 | 7,800,202 | 48.29 | 6,057,407 | |
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