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 | 1 | 5,162,540 | 5,162,540 | 53.96 | 53.96 | 5,162,540 | | (B) Public | 17,945 | 4,404,730 | 4,404,730 | 46.04 | 46.04 | 442,394 | | (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 | 5,162,540 | 0 | 5,162,540 | 53.96 | 5,162,540 | | GANESH EXPLOSIVES PRIVATE LIMITED | 1 | 5,162,540 | 0 | 5,162,540 | 53.96 | 5,162,540 | | Grand Total | 1 | 5,162,540 | 0 | 5,162,540 | 53.96 | 5,162,540 | |
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| Mutual Funds | 2 | 350 | 0 | 350 | 0.00 | 0 | | Insurance Companies | 1 | 20,000 | 0 | 20,000 | 0.21 | 20,000 | | Banks | 5 | 94,378 | 0 | 94,378 | 0.99 | 84,800 | | Any Other (Institutions - Domestic) | 3 | 1,298 | 0 | 1,298 | 0.01 | 0 | | Foreign Institution Investor | 3 | 1,298 | 0 | 1,298 | 0.01 | 0 | | Sub Total | 11 | 116,026 | 0 | 116,026 | 1.21 | 104,800 | |
| Any Others (Specify) | 14 | 22,672 | 0 | 22,672 | 0.24 | 22,672 | | Clearing Members | 2 | 1,000 | 0 | 1,000 | 0.01 | 1,000 | | Bodies Corporate | 100 | 901,836 | 0 | 901,836 | 9.43 | 64,856 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 17,566 | 3,135,780 | 0 | 3,135,780 | 32.78 | 116,808 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 1 | 132,964 | 0 | 132,964 | 1.39 | 132,964 | | Mahendra Girdharilal | 1 | 132,964 | 0 | 132,964 | 1.39 | 132,964 | | Non Resident Indians (NRIs) | 253 | 95,452 | 0 | 95,452 | 1.00 | 294 | | Sub Total | 17,934 | 4,288,704 | 0 | 4,288,704 | 44.84 | 337,594 | |
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