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 | 3 | 115,792,526 | 115,792,526 | 56.07 | 56.07 | 115,792,526 | | (B) Public | 64,355 | 90,708,900 | 90,708,900 | 43.93 | 43.93 | 90,229,748 | | (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) | 3 | 115,792,526 | 0 | 115,792,526 | 56.07 | 115,792,526 | | DUTCH US HOLDING BV | 1 | 82,667,832 | 0 | 82,667,832 | 40.03 | 82,667,832 | | DUTCH BRASIL HOLDING B.V. | 1 | 20,620,887 | 0 | 20,620,887 | 9.99 | 20,620,887 | | VRD AMERICAS B.V. | 1 | 12,503,807 | 0 | 12,503,807 | 6.06 | 12,503,807 | | Grand Total | 3 | 115,792,526 | 0 | 115,792,526 | 56.07 | 115,792,526 | |
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| Mutual Funds | 23 | 27,419,758 | 0 | 27,419,758 | 13.28 | 27,419,758 | | ICICI PRUDENTIAL MANUFACTURING FUND | 1 | 5,946,721 | 0 | 5,946,721 | 2.88 | 5,946,721 | | AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AX | 1 | 5,032,481 | 0 | 5,032,481 | 2.44 | 5,032,481 | | HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED ADVANTAGE FUND | 1 | 3,154,584 | 0 | 3,154,584 | 1.53 | 3,154,584 | | BAJAJ FINSERV FLEXI CAP FUND | 1 | 2,331,538 | 0 | 2,331,538 | 1.13 | 2,331,538 | | NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA SMALL CAP FUN | 1 | 2,095,477 | 0 | 2,095,477 | 1.01 | 2,095,477 | | Insurance Companies | 3 | 318,240 | 0 | 318,240 | 0.15 | 318,240 | | 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 | 3 | 36,377 | 0 | 36,377 | 0.02 | 36,377 | | NBFCs registered with RBI | 2 | 25,075 | 0 | 25,075 | 0.01 | 25,075 | | Overseas Depositories (holding DRs) (balancing figure) | 0 | 0 | 0 | 0 | 0.00 | 0 | | Banks | 3 | 7,000 | 0 | 7,000 | 0.00 | 2,000 | | Foreign Portfolio Investors Category I | 89 | 7,859,042 | 0 | 7,859,042 | 3.81 | 7,859,042 | | Other Financial Institutions | 0 | 0 | 0 | 0 | 0.00 | 0 | | Foreign Portfolio Investors Category II | 10 | 1,186,180 | 0 | 1,186,180 | 0.57 | 1,186,180 | | 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 | 133 | 36,851,672 | 0 | 36,851,672 | 17.84 | 36,846,672 | |
| Any Others (Specify) | 1,456 | 953,470 | 0 | 953,470 | 0.46 | 953,470 | | HUF | 1,338 | 717,051 | 0 | 717,051 | 0.35 | 717,051 | | Firm | 93 | 193,382 | 0 | 193,382 | 0.09 | 193,382 | | Trusts | 23 | 42,780 | 0 | 42,780 | 0.02 | 42,780 | | Clearing Members | 2 | 257 | 0 | 257 | 0.00 | 257 | | Bodies Corporate | 355 | 29,296,901 | 0 | 29,296,901 | 14.19 | 29,296,661 | | DALMIA BHARAT REFRACTORIES LIMITED | 1 | 27,020,000 | 0 | 27,020,000 | 13.08 | 27,020,000 | | Resident Individuals holding nominal share capital up to Rs. 2 lakhs | 60,897 | 17,393,793 | 0 | 17,393,793 | 8.42 | 16,919,881 | | Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs | 4 | 1,414,515 | 0 | 1,414,515 | 0.68 | 1,414,515 | | Non Resident Indians (NRIs) | 1,507 | 1,562,586 | 0 | 1,562,586 | 0.76 | 1,562,586 | | Investor Education and Protection Fund (IEPF) | 1 | 3,218,265 | 0 | 3,218,265 | 1.56 | 3,218,265 | | INVESTOR EDUCATION AND PROTECTION FUND | 1 | 3,218,265 | 0 | 3,218,265 | 1.56 | 3,218,265 | | Directors and their relatives (excluding independent directors and nominee directors) | 2 | 17,698 | 0 | 17,698 | 0.01 | 17,698 | | Sub Total | 64,222 | 53,857,228 | 0 | 53,857,228 | 26.08 | 53,383,076 | |
| 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 | |
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