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 | 12 | 1,028,396,636 | 1,028,396,636 | 62.43 | 62.43 | 63,143,677 | 6.14 | 1,028,396,636 | | (B) Public | 935,704 | 618,779,519 | 618,779,519 | 37.57 | 37.57 | 0 | 0.00 | 618,682,686 | | (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 | 4 | 200,002 | 0 | 200,002 | 0.01 | 200,002 | | Rahi Rajeshkumar Adani | 1 | 100,000 | 0 | 100,000 | 0.01 | 100,000 | | Vanshi Rajesh Adani | 1 | 100,000 | 0 | 100,000 | 0.01 | 100,000 | | Gautambhai Shantilal Adani | 1 | 1 | 0 | 1 | 0.00 | 1 | | Rajeshbhai Shantilal Adani | 1 | 1 | 0 | 1 | 0.00 | 1 | | Any Other (specify) | 3 | 808,047,854 | 0 | 808,047,854 | 49.06 | 808,047,854 | | Adani Trading Services Llp | 1 | 474,335,779 | 0 | 474,335,779 | 28.80 | 474,335,779 | | Gautambhai Shantilal Adani and Rajeshbhai Shantilal Adani (on behalf of S.B. Adani Family Trust) | 1 | 328,772,075 | 0 | 328,772,075 | 19.96 | 328,772,075 | | Adani Tradeline Private Limited | 1 | 4,940,000 | 0 | 4,940,000 | 0.30 | 4,940,000 | | Adani Properties Private Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Adani Tradeline LLP | 0 | 0 | 0 | 0 | 0.00 | 0 | | Gautambhai Shantilal Adani and Pritiben Gautambhai Adani (on behalf of Gautam S. Adani Family Trust) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 7 | 808,247,856 | 0 | 808,247,856 | 49.07 | 808,247,856 | |
| Any Others (Specify) | 5 | 220,148,780 | 0 | 220,148,780 | 13.37 | 220,148,780 | | Ardour Investment Holding Ltd | 1 | 104,558,467 | 0 | 104,558,467 | 6.35 | 104,558,467 | | Spitze Trade And Investment Limited | 1 | 81,127,000 | 0 | 81,127,000 | 4.93 | 81,127,000 | | Hibiscus Trade And Investment Ltd | 1 | 25,926,300 | 0 | 25,926,300 | 1.57 | 25,926,300 | | Infinite Trade And Investment Ltd | 1 | 8,536,913 | 0 | 8,536,913 | 0.52 | 8,536,913 | | Afro Asia Trade And Investments Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Flourishing Trade And Investment Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | | Gelt Bery Trade And Investment Ltd | 1 | 100 | 0 | 100 | 0.00 | 100 | | Harmonia Trade And Investment Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | | Worldwide Emerging Market Holding Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 5 | 220,148,780 | 0 | 220,148,780 | 13.37 | 220,148,780 | | Grand Total | 12 | 1,028,396,636 | 0 | 1,028,396,636 | 62.44 | 1,028,396,636 | |
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| Mutual Funds | 30 | 48,941,402 | 0 | 48,941,402 | 2.97 | 48,941,402 | | Quant Mutual Fund - Quant Small Cap Fund | 1 | 26,207,025 | 0 | 26,207,025 | 1.59 | 26,207,025 | | Insurance Companies | 5 | 21,531,495 | 0 | 21,531,495 | 1.31 | 21,531,495 | | Life Insurance Corporation Of India | 1 | 21,470,716 | 0 | 21,470,716 | 1.30 | 21,470,716 | | Alternate Investment Funds | 10 | 512,714 | 0 | 512,714 | 0.03 | 512,714 | | NBFCs registered with RBI | 2 | 1,714 | 0 | 1,714 | 0.00 | 1,714 | | Banks | 4 | 874 | 0 | 874 | 0.00 | 874 | | Foreign Portfolio Investors Category I | 189 | 164,968,254 | 0 | 164,968,254 | 10.02 | 164,968,254 | | Inq Holding Llc | 1 | 42,604,601 | 0 | 42,604,601 | 2.59 | 42,604,601 | | Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund | 1 | 40,467,942 | 0 | 40,467,942 | 2.46 | 40,467,942 | | Gqg Partners Emerging Markets Equity Fund | 1 | 30,445,555 | 0 | 30,445,555 | 1.85 | 30,445,555 | | Foreign Portfolio Investors Category II | 22 | 23,075,144 | 0 | 23,075,144 | 1.40 | 23,075,144 | | Sub Total | 262 | 259,031,597 | 0 | 259,031,597 | 15.73 | 259,031,597 | |
| Any Others (Specify) | 6,354 | 1,961,820 | 0 | 1,961,820 | 0.12 | 1,961,820 | | HUF | 6,160 | 1,501,886 | 0 | 1,501,886 | 0.09 | 1,501,886 | | LLP | 131 | 356,843 | 0 | 356,843 | 0.02 | 356,843 | | Clearing Members | 57 | 82,068 | 0 | 82,068 | 0.00 | 82,068 | | Trusts | 6 | 21,023 | 0 | 21,023 | 0.00 | 21,023 | | Bodies Corporate | 1,166 | 237,341,036 | 0 | 237,341,036 | 14.41 | 237,341,036 | | Totalenergies Renewables Indian Ocean Ltd | 1 | 227,919,147 | 0 | 227,919,147 | 13.84 | 227,919,147 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 917,375 | 51,786,584 | 0 | 51,786,584 | 3.14 | 51,712,695 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 131 | 9,940,363 | 0 | 9,940,363 | 0.60 | 9,917,533 | | Non Resident Indians (NRIs) | 10,406 | 2,154,669 | 0 | 2,154,669 | 0.13 | 2,154,555 | | Foreign Companies | 2 | 56,261,769 | 0 | 56,261,769 | 3.42 | 56,261,769 | | Totalenergies Solar Wind Indian Ocean Ltd | 1 | 56,243,571 | 0 | 56,243,571 | 3.41 | 56,243,571 | | Key Managerial Personnel | 2 | 10,151 | 0 | 10,151 | 0.00 | 10,151 | | Investor Education and Protection Fund (IEPF) | 1 | 33,858 | 0 | 33,858 | 0.00 | 33,858 | | Directors and their relatives (excluding independent directors and nominee directors) | 3 | 249,874 | 0 | 249,874 | 0.02 | 249,874 | | Foreign Nationals | 2 | 7,798 | 0 | 7,798 | 0.00 | 7,798 | | Sub Total | 935,442 | 359,747,922 | 0 | 359,747,922 | 21.84 | 359,651,089 | |
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