Aarti Industries shareholders and shareholding pattern

NSE: AARTIINDBSE: 524208Chemicals & PetrochemicalsSmall Cap

Aarti Industries Limited · Face value ₹5 · Listed Jun 1992 on BSE, Feb 1995 on NSE

₹435.75₹6.30 (1.43%)BSE ₹435.45

Share price at the NSE close on 30 Oct 2026. Previous close ₹442.05.

30 Oct: open ₹443.70, high ₹453.60, low ₹435.00

52-week range of traded prices to 30 Oct 2026

₹338.05Low, 21 Jan 2026₹551.75High, 25 Aug 2026

Market cap: ₹15,806 Cr405th largest listed
P/E: 26.64
P/B: 2.52
Dividend yield: 0.23%
ROE: 9.9%
ROCE: 8.5%
Debt to equity: 0.82
Volume, NSE: 5,55,83634.0% delivered

Aarti Industries' shareholding pattern for Sep 2026, filed on 16 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Aarti Industries, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters41.82%
Foreign institutions6.96%
Indian institutions20.89%
Governments0.01%
Individuals and others30.31%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	54.55%	53.78%	54.26%	53.70%	53.63%	51.07%	53.07%	53.00%	52.74%	49.36%	48.97%	48.29%	48.25%	47.75%	47.45%	47.55%	47.34%	46.82%	44.90%	44.21%	44.21%	44.19%	44.19%	44.16%	44.16%	44.07%	43.65%	43.57%	43.55%	43.43%	43.24%	42.61%	42.35%	42.24%	42.24%	42.18%	42.14%	42.09%	41.82%	41.82%
Indian promoters	54.39%	53.62%	54.10%	53.54%	53.47%	50.91%	52.91%	52.84%	52.57%	49.21%	48.81%	48.13%	48.10%	47.60%	47.30%	47.40%	47.19%	46.67%	44.76%	44.07%	44.07%	44.05%	44.05%	44.02%	44.01%	43.90%	43.48%	43.40%	43.37%	43.26%	43.07%	42.44%	42.18%	42.07%	42.07%	42.01%	41.97%	41.92%	41.65%	41.65%
Foreign promoters	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.16%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.14%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%	0.17%
	45.45%	46.22%	45.74%	46.30%	46.37%	48.93%	46.93%	47.00%	47.26%	50.64%	51.03%	51.71%	51.75%	52.25%	52.55%	52.45%	52.66%	53.18%	55.10%	55.79%	55.79%	55.81%	55.81%	55.84%	55.84%	55.93%	56.35%	56.43%	56.45%	56.57%	56.76%	57.39%	57.65%	57.76%	57.76%	57.82%	57.86%	57.91%	58.18%	58.18%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.11%	12.05%	12.32%	12.17%	10.57%	10.83%	10.93%	10.61%	9.68%	7.25%	6.29%	6.44%	6.40%	6.69%	7.38%	6.99%	6.96%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	12.05%	11.37%	11.20%	9.96%	10.32%	10.49%	10.15%	9.32%	7.05%	6.09%	6.25%	6.21%	6.50%	7.00%	6.66%	6.70%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.11%	0.00%	0.95%	0.97%	0.62%	0.51%	0.44%	0.46%	0.36%	0.20%	0.20%	0.19%	0.19%	0.20%	0.38%	0.34%	0.26%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.04%	14.55%	14.76%	14.85%	16.15%	15.84%	17.25%	18.56%	18.13%	17.94%	19.97%	20.38%	18.21%	18.22%	20.12%	21.11%	20.89%
Mutual funds	12.26%	12.06%	12.39%	12.54%	13.01%	13.69%	13.69%	13.28%	13.74%	15.01%	14.88%	15.03%	15.20%	14.94%	14.03%	12.78%	11.23%	10.93%	8.83%	8.44%	7.42%	7.27%	6.71%	6.71%	6.31%	6.94%	7.11%	8.52%	7.54%	8.90%	10.03%	9.53%	9.75%	11.51%	12.65%	10.20%	10.20%	11.51%	12.12%	12.00%
Insurance companies	–	–	–	–	–	–	–	–	–	0.09%	0.08%	0.42%	0.52%	0.68%	1.51%	2.24%	2.81%	4.27%	4.43%	5.92%	6.74%	7.21%	8.09%	8.04%	7.92%	7.51%	7.52%	7.42%	7.85%	7.87%	8.11%	8.01%	7.78%	7.93%	7.27%	7.54%	7.54%	8.12%	8.40%	8.15%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	0.11%	0.12%	Under 0.01%	0.06%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%
Alternative investment funds	–	–	0.05%	0.08%	0.18%	0.46%	0.53%	0.60%	0.56%	0.77%	0.90%	0.93%	0.90%	0.91%	0.64%	0.64%	0.56%	0.44%	0.36%	0.37%	0.37%	0.40%	0.25%	0.25%	0.29%	0.29%	0.20%	0.20%	0.32%	0.35%	0.41%	0.51%	0.39%	0.51%	0.45%	0.46%	0.47%	0.48%	0.57%	0.74%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	0.00%	–	–	–	Under 0.01%
Trust	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.03%	0.03%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.02%	0.02%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	–	–	–	0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	28.68%	29.23%	28.84%	29.31%	29.70%	29.76%	28.36%	27.56%	29.58%	32.46%	31.48%	30.93%	33.19%	32.94%	30.39%	30.06%	30.31%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.15%	13.88%	13.84%	14.53%	15.61%	15.14%	14.03%	13.54%	15.57%	18.48%	17.95%	17.68%	19.43%	19.27%	17.12%	16.85%	16.89%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.26%	11.05%	10.98%	10.75%	10.11%	10.34%	10.10%	9.80%	9.56%	9.38%	9.01%	8.86%	9.03%	8.96%	8.68%	8.65%	8.64%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.86%	0.85%	0.75%	0.78%	0.72%	0.85%	0.86%	0.89%	1.07%	1.07%	0.95%	0.81%	0.94%	0.95%	0.93%	0.87%	1.26%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.83%	0.84%	0.80%	0.79%	0.79%	0.89%	0.86%	0.85%	0.86%	0.96%	0.97%	1.00%	1.04%	1.04%	1.01%	1.02%	1.10%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	0.00%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.35%	0.35%	0.35%	0.36%	0.35%	0.35%	0.35%	0.35%	0.34%	0.36%	0.36%	0.35%	0.35%	0.35%	0.34%	0.33%	0.32%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.05%	1.05%	1.04%	1.03%	0.98%	0.98%	0.97%	0.97%	0.97%	0.97%	0.97%	0.97%	0.98%	0.98%	0.98%	1.00%	1.00%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.17%	1.22%	1.09%	1.07%	1.14%	1.22%	1.20%	1.17%	1.20%	1.24%	1.27%	1.25%	1.43%	1.39%	1.33%	1.36%	1.10%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.04%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.14%	0.01%	0.02%	0.03%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.04%	0.02%	0.03%	0.03%	0.04%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.66%	0.67%	0.67%	0.69%	0.77%	0.81%	0.79%	0.76%	0.74%	0.86%	0.86%	0.85%	0.94%	0.93%	0.86%	0.87%	0.87%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.29%	0.27%	0.28%	0.25%	0.23%	0.28%	0.25%	0.25%	0.28%	0.26%	0.29%	0.28%	0.34%	0.32%	0.33%	0.34%	0.07%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.10%	0.10%	0.10%	0.09%	0.09%	0.09%	0.14%	0.13%	0.13%	0.12%	0.12%	0.11%	0.11%	0.11%	0.11%	0.11%	0.11%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.38%	3.68%	3.79%	3.85%	3.55%	3.56%	3.56%	3.56%	3.57%	3.57%	3.49%	3.57%
Shares in issue	8,21,20,383	8,21,20,383	8,21,20,383	8,21,20,383	8,21,20,383	8,13,00,000	8,13,00,000	8,13,00,000	8,13,00,000	8,66,68,647	8,66,68,647	8,71,17,237	17,42,34,474	17,42,34,474	17,42,34,474	17,42,34,474	17,42,34,474	17,42,34,474	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,04,035	36,25,19,250	36,25,19,910	36,25,19,910	36,25,53,318	36,25,93,869	36,25,93,869	36,25,94,369	36,27,26,695	36,27,41,364

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Aarti Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	20,372	21,649	23,012	23,341	23,772	24,870	24,675	25,505	28,547	33,093	37,514	44,018	53,303	64,606	1,09,569	1,22,360	1,05,360	1,07,886	2,13,721	2,59,574	2,82,980	2,95,763	3,40,358	3,40,769	3,76,548	3,85,751	3,97,907	4,23,140	4,18,123	3,77,953	3,49,415	3,94,154	4,50,588	4,39,227	4,25,399	4,28,931	4,18,492	3,84,210	3,70,868	3,69,143
	38	37	38	38	38	39	38	39	39	41	41	43	44	44	44	47	47	47	46	46	45	45	45	45	45	45	45	45	45	45	45	45	45	44	44	44	44	44	44	44
Indian promoters	37	36	37	37	37	38	37	38	38	40	40	42	43	43	43	46	46	46	45	45	44	44	44	44	44	44	44	44	44	44	44	44	44	43	43	43	43	43	43	43
Foreign promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	20,334	21,612	22,974	23,303	23,734	24,831	24,637	25,466	28,508	33,052	37,473	43,975	53,259	64,562	1,09,525	1,22,313	1,05,313	1,07,839	2,13,675	2,59,528	2,82,935	2,95,718	3,40,313	3,40,724	3,76,503	3,85,706	3,97,862	4,23,095	4,18,078	3,77,908	3,49,370	3,94,109	4,50,543	4,39,183	4,25,355	4,28,887	4,18,448	3,84,166	3,70,824	3,69,099
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	220	196	200	208	181	174	186	185	171	147	142	157	141	147	159	149	153
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	196	183	191	167	161	173	170	160	138	133	150	133	138	147	137	141
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	220	0	17	17	14	13	13	15	11	9	9	7	8	9	12	12	12
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	54	38	42	40	40	49	51	52	53	49	53	53	43	42	48	57	64
Mutual funds	23	28	30	29	10	10	12	12	16	20	21	20	20	19	20	20	21	23	17	19	19	21	20	18	7	17	19	22	26	25	25	25	25	27	28	21	22	24	21	23
Insurance companies	–	–	–	–	–	–	–	–	–	2	2	5	5	8	10	13	15	16	13	13	14	14	14	14	11	8	8	7	10	11	13	13	10	11	10	11	7	10	14	15
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	2	1	1	1	2	2	1	2	1	1	1	1	1	1	2	1
Alternative investment funds	–	–	2	2	3	4	4	4	9	14	17	15	17	12	12	13	11	9	9	13	15	13	11	10	11	9	5	4	7	8	8	9	9	10	10	6	8	8	16	20
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	7	7	7	6	4	5	5	4	4	4	4	4	4	5	4	4
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	0	–	–	–	1
Trust	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	2	2	2	1	1	2	2	2	2	2	1	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	1	1	1	0	0	1	1	1	1	1	–	–
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,40,449	3,76,268	3,85,463	3,97,613	4,22,873	4,17,853	3,77,669	3,49,131	3,93,884	4,50,346	4,38,986	4,25,143	4,28,701	4,18,257	3,83,957	3,70,617	3,68,881
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,29,158	3,64,441	3,73,492	3,85,626	4,11,287	4,05,505	3,65,912	3,37,546	3,81,398	4,35,704	4,24,341	4,10,590	4,13,738	4,03,415	3,69,807	3,56,390	3,53,729
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	153	148	145	146	147	156	150	141	137	134	131	132	146	147	142	142	143
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,406	1,426	1,403	1,370	1,081	1,322	1,251	1,321	1,461	1,675	1,701	1,648	1,694	1,657	1,534	1,570	1,849
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5,808	6,070	6,184	6,057	5,554	5,941	5,873	5,786	5,950	6,866	7,004	7,003	7,134	7,116	7,050	7,143	7,695
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	0	0	0	0	0	0	0	0	–	–	–	–	–	0
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9	9	9	9	4	3	3	4	5	5	5	5	5	5	5	5	5
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,912	4,170	4,226	4,402	4,797	4,923	4,477	4,330	4,930	5,959	5,801	5,762	5,981	5,914	5,416	5,364	5,457
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11	14	15	13	13	11	11	11	12	8	6	6	6	12	10	11	13
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	130	71	46	14	15	10	9	8	11	15	12	12	48	39	32	40	40
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3,644	3,959	4,042	4,248	4,637	4,741	4,303	4,152	4,716	5,722	5,571	5,546	5,709	5,650	5,179	5,111	5,346
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	126	125	122	125	130	159	152	158	190	213	211	197	217	212	194	201	57
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	2	2	2	2	1	1	1	1	1	1	1	1	1	1

Aarti Industries promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is RASHESH CHANDRAKANT GOGRI, 4.09%. The filing names 2 more members with no shares.Promoter buying and selling

Holder
RASHESH CHANDRAKANT GOGRIIndividuals and Hindu undivided families	4.09%	1,48,37,616	0.00%
RENIL RAJENDRA GOGRIIndividuals and Hindu undivided families	3.08%	1,11,71,008	0.00%
MIRIK RAJENDRA GOGRIIndividuals and Hindu undivided families	3.08%	1,11,72,384	0.00%
ANUSHAKTI ENTERPRISE PRIVATE LIMITEDIndian companies, trusts and others	2.75%	99,70,000	0.00%
HETAL GOGRI GALAIndividuals and Hindu undivided families	2.75%	99,62,192	0.00%
JAYA CHANDRAKANT GOGRIIndividuals and Hindu undivided families	2.70%	97,98,548	55.31%
Sarla Shantilal ShahIndividuals and Hindu undivided families	2.56%	92,69,028	0.00%
LABDHI BUSINESS TRUST (SASWAT TRUSTEESHIP PRIVATE LIMITED)Indian companies, trusts and others	2.07%	75,00,000	0.00%
ORCHID FAMILY TRUST (RELACION TRUSTEESHIP SERVICES PRIVATE LIMITED)Indian companies, trusts and others	1.82%	65,96,000	0.00%
TULIP FAMILY TRUST (GLOIRE TRUSTEESHIP SERVICES PRIVATE LIMITED)Indian companies, trusts and others	1.82%	65,96,000	0.00%
SAFECHEM ENTERPRISES PRIVATE LIMITEDIndian companies, trusts and others	1.61%	58,52,000	0.00%
RAJENDRA VALLABHAJI GOGRIIndividuals and Hindu undivided families	1.57%	57,03,600	0.00%
NEHAL GAREWALIndividuals and Hindu undivided families	1.00%	36,14,190	0.00%
HEENA FAMILY PRIVATE TRUST (Barclays Wealth Trustees India Private Limited)Indian companies, trusts and others	0.92%	33,35,436	0.00%
NIKHIL PARIMAL DESAIIndividuals and Hindu undivided families	0.83%	30,05,016	0.00%
JASMINE FAMILY TRUST (RELACION TRUSTEESHIP SERVICES PRIVATE LIMITED)Indian companies, trusts and others	0.76%	27,50,000	0.00%
BHAVNA FAMILY PRIVATE TRUST (Barclays Wealth Trustees India Private Limited)Indian companies, trusts and others	0.71%	25,66,404	0.00%
LOTUS FAMILY TRUST (GLOIRE TRUSTEESHIP SERVICES PRIVATE LIMITED)Indian companies, trusts and others	0.69%	24,98,000	0.00%
MANOMAYA BUSINESS TRUST (ALABHYA TRUSTEESHIP PRIVATE LIMITED)Indian companies, trusts and others	0.66%	24,00,000	0.00%
AARNAV RASHESH GOGRIIndividuals and Hindu undivided families	0.66%	23,82,000	0.00%
MANISHA RASHESH GOGRIIndividuals and Hindu undivided families	0.61%	22,00,000	0.00%
AASHAY RASHESH GOGRIIndividuals and Hindu undivided families	0.61%	22,00,000	0.00%
ALCHEMIE FINANCIAL SERVICES LIMITEDIndian companies, trusts and others	0.56%	20,19,018	0.00%
ARTI RAJENDRA GOGRIIndividuals and Hindu undivided families	0.52%	19,01,024	0.00%
PARIMAL HASMUKHLAL DESAIIndividuals and Hindu undivided families	0.41%	14,88,284	0.00%
RATANBEN PREMJI GOGRIIndividuals and Hindu undivided families	0.38%	13,77,330	0.00%
HEENA BHATIAIndividuals and Hindu undivided families	0.36%	12,90,352	0.00%
RAJENDRA VALLABHAJI GOGRI (HUF)Individuals and Hindu undivided families	0.34%	12,33,096	0.00%
Shantilal Tejshi Shah HUFIndividuals and Hindu undivided families	0.31%	11,15,526	0.00%
GOGRI FINSERV PRIVATE LIMITEDIndian companies, trusts and others	0.29%	10,56,420	0.00%
ALCHEMIE FINSERV PRIVATE LIMITEDIndian companies, trusts and others	0.29%	10,56,420	0.00%
Mananjay Singh GarewalIndividuals and Hindu undivided families	0.29%	10,50,040	0.00%
INDIRA MADAN DEDHIAIndividuals and Hindu undivided families	0.18%	6,69,400	0.00%
BHANU PRADIP SAVLANon-resident and foreign individuals	0.17%	6,22,948	0.00%
Shreya SunejaIndividuals and Hindu undivided families	0.12%	4,50,000	0.00%
Monisha BhatiaIndividuals and Hindu undivided families	0.10%	3,64,484	0.00%
GUNAVANTI NAVIN SHAHIndividuals and Hindu undivided families	0.10%	3,46,578	0.00%
CHANDRAKANT VALLABHAJI GOGRIIndividuals and Hindu undivided families	0.04%	1,42,000	0.00%
JAYESH SHAHIndividuals and Hindu undivided families	0.02%	65,666	0.00%
DILESH ROADLINES PRIVATE LIMITEDIndian companies, trusts and others	0.01%	33,272	0.00%
VALIANT ORGANICS LIMITEDIndian companies, trusts and others	0.01%	30,000	0.00%
POOJA RENIL GOGRIIndividuals and Hindu undivided families	0.00%	1,528	0.00%
PRASADI YOGESH BANATWALAIndividuals and Hindu undivided families	0.00%	4,280	0.00%
NIKHIL HOLDINGS PRIVATE LIMITEDIndian companies, trusts and others	0.00%	3,566	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Aarti Industries, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Aarti Industries

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
LIFE INSURANCE CORPORATION OF INDIAInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.79%	1.77%	3.34%	4.29%	4.84%	6.61%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%	6.80%
Morgan Stanley Investment FundsForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.31%	1.34%	1.34%	1.34%	–	1.12%	1.26%	1.28%	1.24%	1.36%	1.35%	1.32%	1.29%	–	–	–	–	–	–	–	–
Baron Emerging Markets FundForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.33%	1.38%	1.25%	1.16%	1.16%	1.06%	1.05%	1.02%	1.02%	1.00%	–	–	–	–	–	–	–	–	–	–	–
Morgan Stanley Investment Funds Emerging Leaders Equity FundForeign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.24%	–	–	–	–	1.15%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
HDFC Life Insurance Company LimitedInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.08%	1.08%	1.09%	1.18%	1.18%	1.21%	1.22%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Morgan Stanley Investment Funds Emerging LeadersInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.07%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Manoj ChhedaResident individuals, over ₹2 lakh at face value	1.34%	1.17%	–	–	1.17%	1.19%	1.16%	1.16%	1.16%	1.08%	1.08%	1.07%	1.06%	1.06%	1.06%	1.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Smallcap World Fund, IncInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	–	1.71%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Tarla Kishorekumar ShahResident individuals, over ₹2 lakh at face value	1.04%	1.02%	1.02%	1.02%	1.02%	1.03%	1.03%	1.03%	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Iifl Wealth Management LimitedOther non-institutions	–	–	–	–	–	2.10%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Manoj Murjibhai ChhedaResident individuals, over ₹2 lakh at face value	–	–	–	1.17%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.