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 | 16 | 25,047,640 | 25,047,640 | 74.90 | 74.90 | 25,047,640 | | (B) Public | 12,731 | 8,392,360 | 8,392,360 | 25.10 | 25.10 | 8,312,080 | | (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 | 4 | 6,552,680 | 0 | 6,552,680 | 19.60 | 6,552,680 | | ARUNA MANHARLAL SHAH | 1 | 2,655,440 | 0 | 2,655,440 | 7.94 | 2,655,440 | | BHARAT MANHARLAL SHAH | 1 | 1,562,000 | 0 | 1,562,000 | 4.67 | 1,562,000 | | VIRAJ MANHARLAL SHAH | 1 | 1,354,640 | 0 | 1,354,640 | 4.05 | 1,354,640 | | HIREN MANHARLAL SHAH | 1 | 980,600 | 0 | 980,600 | 2.93 | 980,600 | | Any Other (specify) | 12 | 18,494,960 | 0 | 18,494,960 | 55.31 | 18,494,960 | | HIREN BROTHERS INVESTMENT CO PVT LTD | 1 | 4,777,800 | 0 | 4,777,800 | 14.29 | 4,777,800 | | MANUBHAI AND SONS INVESTMENT CO PVT LTD | 1 | 4,777,800 | 0 | 4,777,800 | 14.29 | 4,777,800 | | M.C SHAH AND SONS INVESTMENT CO PVT.LTD | 1 | 4,776,680 | 0 | 4,776,680 | 14.28 | 4,776,680 | | PURAV HIREN SHAH | 1 | 769,016 | 0 | 769,016 | 2.30 | 769,016 | | JAYSHREE HIREN SHAH | 1 | 625,240 | 0 | 625,240 | 1.87 | 625,240 | | RISHABH VIRAJ SHAH | 1 | 626,224 | 0 | 626,224 | 1.87 | 626,224 | | HIREN MANHARLAL | 1 | 470,400 | 0 | 470,400 | 1.41 | 470,400 | | VIRAJ MANHARLAL | 1 | 470,400 | 0 | 470,400 | 1.41 | 470,400 | | BHARAT MANHARLAL | 1 | 456,400 | 0 | 456,400 | 1.36 | 456,400 | | DIPTI VIRAJ SHAH | 1 | 394,000 | 0 | 394,000 | 1.18 | 394,000 | | AABHA BHARAT SHAH | 1 | 346,000 | 0 | 346,000 | 1.03 | 346,000 | | ASHA YOGESH MEHTA | 1 | 5,000 | 0 | 5,000 | 0.01 | 5,000 | | Grand Total | 16 | 25,047,640 | 0 | 25,047,640 | 74.91 | 25,047,640 | |
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| Mutual Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Insurance Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Venture Capital Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Venture Capital Investors | 0 | 0 | 0 | 0 | 0.00 | 0 | | Provident Funds/ Pension Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Alternate Investment Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | NBFCs registered with RBI | 0 | 0 | 0 | 0 | 0.00 | 0 | | Overseas Depositories (holding DRs) (balancing figure) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Banks | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category I | 0 | 0 | 0 | 0 | 0.00 | 0 | | Other Financial Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category II | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sovereign Wealth Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Asset reconstruction companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Direct Investment | 0 | 0 | 0 | 0 | 0.00 | 0 | | Other Foreign Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Any Other (Institutions - Domestic) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Any Others (Specify) | 362 | 575,555 | 0 | 575,555 | 1.72 | 575,555 | | HUF | 349 | 565,097 | 0 | 565,097 | 1.69 | 565,097 | | Clearing Members | 12 | 10,423 | 0 | 10,423 | 0.03 | 10,423 | | Firm | 1 | 35 | 0 | 35 | 0.00 | 35 | | Bodies Corporate | 69 | 1,251,999 | 0 | 1,251,999 | 3.74 | 1,251,999 | | ADRIK TRADERS PVT LTD | 1 | 977,664 | 0 | 977,664 | 2.92 | 977,664 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 12,121 | 4,096,691 | 0 | 4,096,691 | 12.25 | 4,056,931 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 15 | 2,157,932 | 0 | 2,157,932 | 6.45 | 2,117,412 | | UMESH KISHOREKANT SANGHVI | 1 | 778,368 | 0 | 778,368 | 2.33 | 778,368 | | RAJENDRA J SABOO | 1 | 362,794 | 0 | 362,794 | 1.08 | 362,794 | | Non Resident Indians (NRIs) | 163 | 283,739 | 0 | 283,739 | 0.85 | 283,739 | | Foreign Companies | 0 | 0 | 0 | 0 | 0.00 | 0 | | Key Managerial Personnel | 0 | 0 | 0 | 0 | 0.00 | 0 | | Investor Education and Protection Fund (IEPF) | 1 | 26,444 | 0 | 26,444 | 0.08 | 26,444 | | Directors and their relatives (excluding independent directors and nominee directors) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Nationals | 0 | 0 | 0 | 0 | 0.00 | 0 | | Relatives of promoters (other than 'immediate relatives' of promoters disclosed under 'Promoter and Promoter Group' category) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Associate companies / Subsidiaries | 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 | 12,731 | 8,392,360 | 0 | 8,392,360 | 25.09 | 8,312,080 | |
| Central Government / President of India | 0 | 0 | 0 | 0 | 0.00 | 0 | | State Government / Governor | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shareholding by Companies or Bodies Corporate where Central / State Government is a promoter | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 12,731 | 8,392,360 | 0 | 8,392,360 | 25.09 | 8,312,080 | |
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| Custodian/DR Holder | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
| Employee Benefit Trust | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 0 | 0 | 0 | 0 | 0.00 | 0 | |
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