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 | 14 | 23,204,303 | 23,204,303 | 57.77 | 57.68 | 23,204,303 | | (B) Public | 106,302 | 16,964,012 | 16,964,012 | 42.23 | 42.32 | 16,898,798 | | (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 | 8 | 18,512,480 | 0 | 18,512,480 | 46.09 | 18,512,480 | | Chaitanya N Desai | 1 | 9,119,684 | 0 | 9,119,684 | 22.70 | 9,119,684 | | Kushal N Desai | 1 | 9,119,684 | 0 | 9,119,684 | 22.70 | 9,119,684 | | Devharsh Chaitanya Desai | 1 | 65,778 | 0 | 65,778 | 0.16 | 65,778 | | Gaurangi Yuvraj Mehra | 1 | 65,778 | 0 | 65,778 | 0.16 | 65,778 | | Nitika Chaitanya Desai | 1 | 65,778 | 0 | 65,778 | 0.16 | 65,778 | | Rishabh Kushal Desai | 1 | 65,778 | 0 | 65,778 | 0.16 | 65,778 | | Jinisha C. Desai | 1 | 5,000 | 0 | 5,000 | 0.01 | 5,000 | | Noopur Kushal Desai | 1 | 5,000 | 0 | 5,000 | 0.01 | 5,000 | | Chetan Mehta | 0 | 0 | 0 | 0 | 0.00 | 0 | | Hansa Mehta | 0 | 0 | 0 | 0 | 0.00 | 0 | | Hina Kothari | 0 | 0 | 0 | 0 | 0.00 | 0 | | Maithili N. Desai | 0 | 0 | 0 | 0 | 0.00 | 0 | | Rana Biswas | 0 | 0 | 0 | 0 | 0.00 | 0 | | Vineeta Srivastava | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (specify) | 6 | 4,691,823 | 0 | 4,691,823 | 11.68 | 4,691,823 | | Maithili N Desai Family Private Trust No 2 - Trustee Maithili Trusteeship Services Private Limited | 1 | 4,428,187 | 0 | 4,428,187 | 11.02 | 4,428,187 | | Maithili N Desai Family Private Trust - Trustee Mr. K. N. Desai and Mr. C. N. Desai | 1 | 98,983 | 0 | 98,983 | 0.25 | 98,983 | | APAR Corporation Private Limited | 1 | 84,353 | 0 | 84,353 | 0.21 | 84,353 | | Chaitanya N Desai Family Private Trust - Trustee C N Desai, K N. Desai and J C Desai | 1 | 40,000 | 0 | 40,000 | 0.10 | 40,000 | | Kushal N Desai Family Private Trust - Trustee K N Desai, C N. Desai and N K Desai | 1 | 40,000 | 0 | 40,000 | 0.10 | 40,000 | | Haribol Food Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Krishna Balaram Enterprise | 0 | 0 | 0 | 0 | 0.00 | 0 | | Maithili Trusteeship Services Private Limited | 1 | 300 | 0 | 300 | 0.00 | 300 | | Nadiad Innvotek Foundation | 0 | 0 | 0 | 0 | 0.00 | 0 | | Srinivas Balajee Enterprise | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 14 | 23,204,303 | 0 | 23,204,303 | 57.77 | 23,204,303 | |
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| Mutual Funds | 30 | 8,189,022 | 0 | 8,189,022 | 20.39 | 8,188,866 | | Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund | 1 | 1,787,033 | 0 | 1,787,033 | 4.45 | 1,787,033 | | Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund | 1 | 1,181,335 | 0 | 1,181,335 | 2.94 | 1,181,335 | | Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund | 1 | 1,057,010 | 0 | 1,057,010 | 2.63 | 1,057,010 | | Kotak Midcap Fund | 1 | 1,033,008 | 0 | 1,033,008 | 2.57 | 1,033,008 | | Motilal Oswal Large And Midcap Fund | 1 | 859,802 | 0 | 859,802 | 2.14 | 859,802 | | Icici Prudential Midcap Fund | 1 | 651,244 | 0 | 651,244 | 1.62 | 651,244 | | Insurance Companies | 5 | 53,102 | 0 | 53,102 | 0.13 | 53,102 | | Alternate Investment Funds | 30 | 849,816 | 0 | 849,816 | 2.12 | 849,816 | | Banks | 2 | 264 | 0 | 264 | 0.00 | 240 | | Foreign Portfolio Investors Category I | 198 | 3,584,980 | 0 | 3,584,980 | 8.92 | 3,584,980 | | Government Pension Fund Global | 1 | 822,530 | 0 | 822,530 | 2.05 | 822,530 | | Foreign Portfolio Investors Category II | 18 | 128,745 | 0 | 128,745 | 0.32 | 128,745 | | Other Foreign Institutions | 2 | 30 | 0 | 30 | 0.00 | 30 | | Foreign Institutional Investors | 2 | 30 | 0 | 30 | 0.00 | 30 | | Sub Total | 285 | 12,805,959 | 0 | 12,805,959 | 31.88 | 12,805,779 | |
| Any Others (Specify) | 1,777 | 199,368 | 0 | 199,368 | 0.50 | 199,368 | | HUF | 1,660 | 120,163 | 0 | 120,163 | 0.30 | 120,163 | | Clearing Members | 26 | 51,155 | 0 | 51,155 | 0.13 | 51,155 | | LLP | 79 | 18,866 | 0 | 18,866 | 0.05 | 18,866 | | Director or Director's Relatives | 1 | 4,000 | 0 | 4,000 | 0.01 | 4,000 | | Trusts | 10 | 4,781 | 0 | 4,781 | 0.01 | 4,781 | | ESOP or ESOS or ESPS | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investor (Category - III) | 1 | 403 | 0 | 403 | 0.00 | 403 | | Bodies Corporate | 767 | 239,446 | 0 | 239,446 | 0.60 | 238,998 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 99,465 | 3,218,476 | 0 | 3,218,476 | 8.01 | 3,154,242 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 3 | 99,726 | 0 | 99,726 | 0.25 | 99,726 | | Non Resident Indians (NRIs) | 4,001 | 286,784 | 0 | 286,784 | 0.71 | 286,432 | | Foreign Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Key Managerial Personnel | 2 | 133 | 0 | 133 | 0.00 | 133 | | Investor Education and Protection Fund (IEPF) | 1 | 114,097 | 0 | 114,097 | 0.28 | 114,097 | | Directors and their relatives (excluding independent directors and nominee directors) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Nationals | 1 | 23 | 0 | 23 | 0.00 | 23 | | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 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 | 106,017 | 4,158,053 | 0 | 4,158,053 | 10.35 | 4,093,019 | |
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