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 | 2,849,500 | 2,849,500 | 53.68 | 53.68 | 2,849,500 | | (B) Public | 14,678 | 2,459,134 | 2,459,134 | 46.32 | 46.32 | 2,423,275 | | (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 Others (Specify) | 1 | 2,849,500 | 0 | 2,849,500 | 53.68 | 2,849,500 | | Oronzio De Nora International B.V. | 1 | 2,849,500 | 0 | 2,849,500 | 53.68 | 2,849,500 | | De Nora Deutschland GmbH | 0 | 0 | 0 | 0 | 0.00 | 0 | | De Nora Hong Kong Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | | De Nora Permelec Ltd | 0 | 0 | 0 | 0 | 0.00 | 0 | | Industrie De Nora S.p.A. | 0 | 0 | 0 | 0 | 0.00 | 0 | | Shotec GmbH | 0 | 0 | 0 | 0 | 0.00 | 0 | | Grand Total | 1 | 2,849,500 | 0 | 2,849,500 | 53.68 | 2,849,500 | |
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| Mutual Funds | 0 | 0 | 0 | 0 | 0.00 | 0 | | Insurance Companies | 1 | 11,656 | 0 | 11,656 | 0.22 | 11,656 | | 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 | 1 | 316 | 0 | 316 | 0.01 | 316 | | Other Financial Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category II | 1 | 337 | 0 | 337 | 0.01 | 337 | | 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 | 3 | 12,309 | 0 | 12,309 | 0.24 | 12,309 | |
| Any Others (Specify) | 499 | 238,880 | 0 | 238,880 | 4.50 | 238,880 | | HUF | 479 | 236,508 | 0 | 236,508 | 4.46 | 236,508 | | Clearing Members | 16 | 2,091 | 0 | 2,091 | 0.04 | 2,091 | | Firm | 1 | 21 | 0 | 21 | 0.00 | 21 | | Trusts | 2 | 160 | 0 | 160 | 0.00 | 160 | | Unclaimed or Suspense or Escrow Account | 1 | 100 | 0 | 100 | 0.00 | 100 | | Bodies Corporate | 89 | 67,812 | 0 | 67,812 | 1.28 | 66,906 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 13,834 | 1,612,626 | 0 | 1,612,626 | 30.38 | 1,577,673 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 8 | 371,857 | 0 | 371,857 | 7.00 | 371,857 | | BHARAT AJAY KAPADIA | 1 | 75,000 | 0 | 75,000 | 1.41 | 75,000 | | LALAN AJAY KAPADIA | 1 | 75,000 | 0 | 75,000 | 1.41 | 75,000 | | SEEMARSINGH GOLDIE ANAND | 1 | 55,000 | 0 | 55,000 | 1.04 | 55,000 | | Non Resident Indians (NRIs) | 244 | 80,492 | 0 | 80,492 | 1.52 | 80,492 | | 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 | 75,158 | 0 | 75,158 | 1.42 | 75,158 | | INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS | 1 | 75,158 | 0 | 75,158 | 1.42 | 75,158 | | 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 | 14,675 | 2,446,825 | 0 | 2,446,825 | 46.10 | 2,410,966 | |
| 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 | 14,678 | 2,459,134 | 0 | 2,459,134 | 46.34 | 2,423,275 | |
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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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