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
31/03/2026
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| (A) Promoter & Promoter Group | 1 | 124,237,593 | 124,237,593 | 69.99 | 69.91 | 4,796,163 | 3.86 | 119,441,430 | | (B) Public | 73,637 | 53,257,662 | 53,257,662 | 30.01 | 30.09 | 7,168,187 | 13.46 | 49,914,232 | | (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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| Any Other (specify) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Steel Metal Trading Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Any Others (Specify) | 1 | 124,237,593 | 0 | 124,237,593 | 69.99 | 119,441,430 | | Essar Telecom Limited | 1 | 124,237,593 | 0 | 124,237,593 | 69.99 | 119,441,430 | | Equinox Capital Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Equinox Realty Holdings Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Global Fund Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Global Holdings Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Global Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Essar Investment Holdings Mauritius Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 1 | 124,237,593 | 0 | 124,237,593 | 69.99 | 119,441,430 | |
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| Mutual Funds | 13 | 5,238,542 | 0 | 5,238,542 | 2.95 | 5,224,972 | | QUANT MUTUAL FUND - QUANT SMALL CAP FUND | 1 | 4,650,891 | 0 | 4,650,891 | 2.62 | 4,650,891 | | Insurance Companies | 2 | 1,000 | 0 | 1,000 | 0.00 | 0 | | Alternate Investment Funds | 2 | 67,976 | 0 | 67,976 | 0.04 | 67,976 | | NBFCs registered with RBI | 1 | 275 | 0 | 275 | 0.00 | 275 | | Banks | 3 | 3,000 | 0 | 3,000 | 0.00 | 2,000 | | Foreign Portfolio Investors Category I | 63 | 5,630,856 | 0 | 5,630,856 | 3.17 | 5,531,336 | | INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STRATEGY | 1 | 3,201,728 | 0 | 3,201,728 | 1.80 | 3,201,728 | | Foreign Portfolio Investors Category II | 8 | 159,059 | 0 | 159,059 | 0.09 | 159,059 | | Sub Total | 92 | 11,100,708 | 0 | 11,100,708 | 6.25 | 10,985,618 | |
| Any Others (Specify) | 1,070 | 3,835,276 | 0 | 3,835,276 | 2.16 | 3,835,276 | | LLP | 41 | 2,472,338 | 0 | 2,472,338 | 1.39 | 2,472,338 | | CITOC INVESTMENT SERVICES LLP | 1 | 1,797,075 | 0 | 1,797,075 | 1.01 | 1,797,075 | | HUF | 1,026 | 1,355,798 | 0 | 1,355,798 | 0.76 | 1,355,798 | | Clearing Members | 1 | 140 | 0 | 140 | 0.00 | 140 | | Trusts | 1 | 5,000 | 0 | 5,000 | 0.00 | 5,000 | | Unclaimed or Suspense or Escrow Account | 1 | 2,000 | 0 | 2,000 | 0.00 | 2,000 | | Bodies Corporate | 331 | 8,118,287 | 0 | 8,118,287 | 4.57 | 7,126,044 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 71,313 | 15,290,565 | 0 | 15,290,565 | 8.61 | 14,340,897 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 22 | 10,720,558 | 0 | 10,720,558 | 6.04 | 9,900,267 | | SUBODH MASKARA | 1 | 4,594,346 | 0 | 4,594,346 | 2.59 | 4,594,346 | | Non Resident Indians (NRIs) | 801 | 395,975 | 0 | 395,975 | 0.22 | 384,975 | | Foreign Companies | 2 | 2,000 | 0 | 2,000 | 0.00 | 0 | | Investor Education and Protection Fund (IEPF) | 1 | 711,115 | 0 | 711,115 | 0.40 | 711,115 | | Directors and their relatives (excluding independent directors and nominee directors) | 4 | 2,869,848 | 0 | 2,869,848 | 1.62 | 2,630,040 | | SANJEEV S VERMA | 1 | 2,254,889 | 0 | 2,254,889 | 1.27 | 2,134,985 | | Sub Total | 73,544 | 41,943,624 | 0 | 41,943,624 | 23.62 | 38,928,614 | |
| Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 1 | 213,330 | 0 | 213,330 | 0.12 | 0 | | Sub Total | 1 | 213,330 | 0 | 213,330 | 0.12 | 0 | |
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