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 | 14 | 1,567,196,238 | 1,567,196,238 | 68.02 | 68.02 | 143,820,153 | 9.18 | 1,567,196,238 | | (B) Public | 1,122,523 | 736,762,860 | 736,762,860 | 31.98 | 31.98 | 0 | 0.00 | 736,668,998 | | (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 | 2 | 30,002 | 0 | 30,002 | 0.00 | 30,002 | | Gautambhai Shantilal Adani | 1 | 1 | 0 | 1 | 0.00 | 1 | | Rajeshbhai Shantilal Adani | 1 | 30,001 | 0 | 30,001 | 0.00 | 30,001 | | Any Other (specify) | 4 | 921,253,953 | 0 | 921,253,953 | 39.99 | 921,253,953 | | Gautambhai Shantilal Adani & Rajeshbhai Shantilal Adani (on behalf of S. B. Adani Family Trust) | 1 | 710,753,935 | 0 | 710,753,935 | 30.85 | 710,753,935 | | Adani Tradeline Private Limited | 1 | 138,193,549 | 0 | 138,193,549 | 6.00 | 138,193,549 | | Adani Rail Infra Private Limited | 1 | 70,621,469 | 0 | 70,621,469 | 3.07 | 70,621,469 | | Adani Properties Private Limited | 1 | 1,685,000 | 0 | 1,685,000 | 0.07 | 1,685,000 | | Gautambhai Shantilal Adani & Pritiben Gautambhai Adani (on behalf of Gautam S. Adani Family Trust) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Rajeshbhai Shantilal Adani & Shilin Rajeshbhai Adani (on behalf of Rajesh S. Adani Family Trust) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 6 | 921,283,955 | 0 | 921,283,955 | 39.99 | 921,283,955 | |
| Any Others (Specify) | 8 | 645,912,283 | 0 | 645,912,283 | 28.03 | 645,912,283 | | Carmichael Rail And Port Singapore Holding Pte. Ltd. | 1 | 143,820,153 | 0 | 143,820,153 | 6.24 | 143,820,153 | | Emerging Market Investment DMCC | 1 | 136,235,995 | 0 | 136,235,995 | 5.91 | 136,235,995 | | Flourishing Trade And Investment Ltd | 1 | 124,454,607 | 0 | 124,454,607 | 5.40 | 124,454,607 | | Afro Asia Trade And Investments Limited | 1 | 89,945,212 | 0 | 89,945,212 | 3.90 | 89,945,212 | | Worldwide Emerging Market Holding Limited | 1 | 86,092,798 | 0 | 86,092,798 | 3.74 | 86,092,798 | | Resurgent Trade And Investment Ltd | 1 | 53,004,718 | 0 | 53,004,718 | 2.30 | 53,004,718 | | Spitze Trade And Investment Limited | 1 | 12,358,700 | 0 | 12,358,700 | 0.54 | 12,358,700 | | Gelt Bery Trade And Investment Ltd | 1 | 100 | 0 | 100 | 0.00 | 100 | | Infinite Trade and Investment Limited | 0 | 0 | 0 | 0 | 0.00 | 0 | | Sub Total | 8 | 645,912,283 | 0 | 645,912,283 | 28.03 | 645,912,283 | | Grand Total | 14 | 1,567,196,238 | 0 | 1,567,196,238 | 68.02 | 1,567,196,238 | |
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| Mutual Funds | 43 | 117,421,006 | 0 | 117,421,006 | 5.10 | 117,421,006 | | Sbi Nifty 50 Etf | 1 | 34,742,830 | 0 | 34,742,830 | 1.51 | 34,742,830 | | Insurance Companies | 24 | 174,885,276 | 0 | 174,885,276 | 7.59 | 174,885,276 | | Life Insurance Corporation Of India | 1 | 156,352,909 | 0 | 156,352,909 | 6.79 | 156,352,909 | | Provident Funds/ Pension Funds | 1 | 17,884,690 | 0 | 17,884,690 | 0.78 | 17,884,690 | | Alternate Investment Funds | 35 | 9,764,960 | 0 | 9,764,960 | 0.42 | 9,764,960 | | NBFCs registered with RBI | 5 | 13,405 | 0 | 13,405 | 0.00 | 13,405 | | Banks | 8 | 32,291 | 0 | 32,291 | 0.00 | 32,291 | | Foreign Portfolio Investors Category I | 677 | 275,517,053 | 0 | 275,517,053 | 11.96 | 275,517,053 | | Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund | 1 | 52,185,704 | 0 | 52,185,704 | 2.27 | 52,185,704 | | Foreign Portfolio Investors Category II | 53 | 26,090,154 | 0 | 26,090,154 | 1.13 | 26,090,154 | | Other Foreign Institutions | 3 | 142,894 | 0 | 142,894 | 0.01 | 142,894 | | Foreign Institutional Investors | 3 | 142,894 | 0 | 142,894 | 0.01 | 142,894 | | Sub Total | 849 | 621,751,729 | 0 | 621,751,729 | 26.99 | 621,751,729 | |
| Any Others (Specify) | 14,259 | 4,457,627 | 0 | 4,457,627 | 0.19 | 4,457,627 | | HUF | 13,853 | 2,641,812 | 0 | 2,641,812 | 0.11 | 2,641,812 | | Body Corp-Ltd Liability Partnership | 286 | 1,685,041 | 0 | 1,685,041 | 0.07 | 1,685,041 | | Clearing Members | 95 | 118,455 | 0 | 118,455 | 0.01 | 118,455 | | Trusts | 25 | 12,319 | 0 | 12,319 | 0.00 | 12,319 | | Bodies Corporate | 2,469 | 12,443,546 | 0 | 12,443,546 | 0.54 | 12,443,546 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 1,083,686 | 77,413,390 | 0 | 77,413,390 | 3.36 | 77,319,528 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 31 | 14,797,417 | 0 | 14,797,417 | 0.64 | 14,797,417 | | Non Resident Indians (NRIs) | 21,219 | 4,798,396 | 0 | 4,798,396 | 0.21 | 4,798,396 | | Key Managerial Personnel | 1 | 62 | 0 | 62 | 0.00 | 62 | | Investor Education and Protection Fund (IEPF) | 1 | 702,137 | 0 | 702,137 | 0.03 | 702,137 | | Directors and their relatives (excluding independent directors and nominee directors) | 2 | 393,928 | 0 | 393,928 | 0.02 | 393,928 | | Foreign Nationals | 5 | 618 | 0 | 618 | 0.00 | 618 | | Sub Total | 1,121,673 | 115,007,121 | 0 | 115,007,121 | 4.99 | 114,913,259 | |
| State Government / Governor | 1 | 4,010 | 0 | 4,010 | 0.00 | 4,010 | | Sub Total | 1 | 4,010 | 0 | 4,010 | 0.00 | 4,010 | |
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