Citizen Solar shareholders and shareholding pattern

BSE: 538786Electrical EquipmentSmall Cap

Citizen Solar Limited · Face value ₹10 · Listed Nov 2014

₹165.50₹0.35 (0.21%)

Share price at the BSE close on 29 Oct 2026. Previous close ₹165.85.

29 Oct: open ₹161.00, high ₹165.50, low ₹157.60

52-week range of traded prices to 29 Oct 2026

₹149.00Low, 23 Oct 2026₹318.45High, 27 Jul 2026

Next results date: the board meets on 2 Nov 2026 to consider: quarterly results. Results calendar

Market cap: ₹232 Cr2,673rd largest listed
P/E: Earlier quarters restated in the year
P/B: Mergernew accounts awaited
Dividend yield: Nonein the last 12 months
Volume, BSE: 525

Citizen Solar's shareholding pattern for Sep 2026, filed on 12 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 Citizen Solar, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters53.49%
Indian institutions0.15%
Individuals and others46.35%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
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	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	57.83%	58.49%	58.49%	58.49%	58.49%	58.49%	58.49%	58.49%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	57.28%	57.28%	57.28%	57.28%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	13.36%	53.49%
Indian promoters	57.83%	58.49%	58.49%	58.49%	58.49%	58.49%	58.49%	58.49%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	58.55%	57.28%	57.28%	57.28%	57.28%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	34.77%	13.36%	53.49%
	42.17%	41.51%	41.51%	41.51%	41.51%	41.51%	41.51%	41.51%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	41.45%	42.72%	42.72%	42.72%	42.72%	65.23%	65.23%	65.23%	65.23%	65.23%	65.23%	65.23%	65.23%	65.23%	65.23%	65.23%	65.23%	86.64%	46.51%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.15%	0.15%
Mutual funds	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.40%	0.15%	0.15%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	42.32%	42.32%	64.83%	64.83%	64.83%	64.83%	64.83%	64.83%	64.83%	64.83%	64.83%	64.83%	64.83%	64.83%	86.48%	46.35%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	37.28%	36.44%	36.45%	36.61%	36.06%	36.10%	34.68%	34.62%	34.43%	34.62%	33.53%	33.63%	33.12%	33.09%	12.83%	12.72%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.67%	1.66%	24.16%	24.54%	24.97%	24.95%	26.26%	26.36%	26.54%	26.36%	27.82%	27.85%	28.28%	28.36%	72.40%	32.26%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.01%	2.00%	2.00%	2.00%	2.00%	2.00%	1.96%	1.96%	1.96%	2.19%	1.96%	1.96%	1.96%	0.75%	0.77%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.22%	1.17%	0.63%	0.63%	0.62%	0.59%	0.59%	0.59%	0.59%	0.60%	0.60%	0.68%	0.68%	0.23%	0.23%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.38%	1.00%	1.05%	1.07%	1.18%	1.16%	1.30%	1.30%	1.31%	1.30%	0.69%	0.79%	0.79%	0.74%	0.27%	0.37%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.31%	–	–	0.66%	0.66%	0.66%	0.26%	0.36%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.08%	0.03%	–	0.01%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.05%	0.05%	0.02%	0.01%
Shares in issue	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	53,97,300	1,40,43,300	1,40,43,300

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. A dash is a line the filing did not state.

Number of Citizen Solar 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	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	6,129	6,127	6,118	6,124	6,158	6,141	6,151	6,155	6,154	6,154	6,155	6,153	6,155	6,159	6,167	6,165	6,181	6,220	6,246	6,239	6,411	7,040	7,114	6,944	6,775	6,719	6,686	6,624	6,608	6,577	6,524	6,485	6,524	6,457	6,471	6,450	6,451	6,365	6,467
	7	5	5	5	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	6
Indian promoters	7	5	5	5	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	6
	6,122	6,122	6,113	6,119	6,151	6,134	6,144	6,148	6,147	6,147	6,148	6,146	6,148	6,152	6,160	6,158	6,174	6,213	6,239	6,232	6,404	7,035	7,109	6,939	6,770	6,715	6,682	6,620	6,604	6,573	6,520	6,481	6,520	6,453	6,467	6,446	6,447	6,361	6,461
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Mutual funds	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
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6,938	6,769	6,714	6,681	6,619	6,603	6,572	6,519	6,480	6,519	6,452	6,466	6,445	6,446	6,360	6,460
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6,869	6,699	6,641	6,609	6,545	6,530	6,497	6,446	6,403	6,446	6,377	6,392	6,366	6,366	6,282	6,368
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	5	6	7	7	9	8	8	8	7	6	7	7	7	9
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25	24	24	24	24	24	23	25	23	26	24	25	25	25	26
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	22	22	21	21	21	21	21	21	21	22	22	24	25	24	25
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	66	20	22	21	22	21	21	21	23	21	20	22	23	23	22	32
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	20	20	20	20	30
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	–	1
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	2	2	2	1

Citizen Solar 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 Tansukhraj Lalchand Jain, 14.88%.Promoter buying and selling

Holder
Tansukhraj Lalchand JainIndividuals and Hindu undivided families	14.88%	20,90,100
Harsh Omprakash JainIndividuals and Hindu undivided families	12.67%	17,78,900
Ravindra Omprakash JainIndividuals and Hindu undivided families	11.45%	16,07,800
Omprakash Lalchand JainIndividuals and Hindu undivided families	8.67%	12,17,200
Kasturi Ravindra JainIndividuals and Hindu undivided families	3.87%	5,43,100
Ugmadevi Omprakash JainIndividuals and Hindu undivided families	1.96%	2,75,000

No promoter shares are reported as pledged.

Largest public holders of Citizen Solar, filing by filing

Per cent, on the same shares as the split above.

Holder	Jun 2024	Sep 2024	Dec 2024	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Sagar Tansukhraj JainResident individuals, over ₹2 lakh at face value	11.26%	11.26%	–	–	11.26%	–	11.26%	4.33%	10.10%
Sangitadevi Tansukhraj JainResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	7.05%
Samiksha Tansukhraj JainResident individuals, over ₹2 lakh at face value	11.26%	11.26%	–	–	11.26%	–	11.26%	4.33%	4.33%
Kapil Kumar ChopraResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	4.31%
Punit Kumar ChopraResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	4.31%
Irfan Fakhri KarimiResident individuals, over ₹2 lakh at face value	–	–	–	–	3.22%	–	3.38%	1.37%	1.40%
Zztransit*Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	61.57%	–

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. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Aug 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Individuals and others: Irfan Fakhri Karimi 1.40%, +0.02 pts