Excel Industries shareholders and shareholding pattern

NSE: EXCELINDUSBSE: 500650Chemicals & PetrochemicalsSmall Cap

Excel Industries Limited · Face value ₹5 · Listed May 1971 on BSE, Jun 2004 on NSE

₹889.55₹22.60 (2.61%)BSE ₹889.00

Share price at the NSE close on 28 Oct 2026. Previous close ₹866.95.

28 Oct: open ₹872.55, high ₹897.55, low ₹852.00

52-week range of traded prices to 28 Oct 2026

₹800.05Low, 30 Mar 2026₹1,148.55High, 19 Aug 2026

Next results date: the board meets on 4 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹1,118 Cr1,394th largest listed
P/E: 15.67
P/B: 0.66
Dividend yield: 1.55%
ROE: 4.3%
ROCE: 4.3%
Debt to equity: 0.00
Volume, NSE: 5,25244.1% delivered

Excel Industries' shareholding pattern for Sep 2026, filed on 19 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 Excel Industries, filing by filing

Per cent of all the company's shares, counting those held against depositary receipts traded abroad where a filing has them. As the company files it, of its shares less those held against receipts, the promoters hold 51.86%.

Sep 2026 filing

Promoters51.51%
Foreign institutions1.66%
Indian institutions6.96%
Individuals and others39.20%
Depositary receipts0.67%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others
Depositary receipts

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
	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.38%	52.10%	52.10%	52.10%	52.21%	52.21%	52.21%	52.21%	52.21%	52.21%	52.21%	52.21%	52.21%	52.21%	52.21%	52.30%	52.32%	52.32%	52.33%	52.33%	51.51%	51.51%
Indian promoters	51.56%	51.56%	51.56%	51.56%	51.56%	51.56%	51.56%	51.56%	51.55%	51.55%	51.55%	51.55%	51.55%	51.55%	51.55%	51.55%	51.55%	51.55%	51.55%	51.27%	51.27%	51.27%	51.38%	51.38%	51.38%	51.38%	51.38%	51.38%	51.38%	51.38%	51.38%	51.38%	51.38%	51.47%	51.49%	51.49%	51.51%	51.51%	51.51%	51.51%
Foreign promoters	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	0.83%	–	–
	47.62%	47.62%	47.62%	47.62%	47.62%	47.62%	47.62%	47.62%	47.62%	47.62%	46.82%	46.82%	46.82%	46.82%	46.82%	46.82%	46.82%	46.82%	46.88%	47.16%	47.16%	47.16%	47.05%	47.05%	47.05%	47.05%	47.05%	47.05%	47.05%	47.05%	47.08%	47.11%	47.11%	47.02%	47.00%	47.00%	46.99%	46.99%	47.82%	47.82%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.76%	0.77%	0.85%	0.74%	0.70%	0.66%	0.56%	0.88%	1.55%	2.16%	2.04%	2.06%	2.00%	2.00%	1.93%	1.84%	1.66%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.76%	0.77%	0.83%	0.72%	0.69%	0.65%	0.55%	0.57%	0.68%	0.80%	0.67%	0.69%	0.63%	0.63%	0.57%	0.48%	0.29%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.01%	0.01%	0.01%	0.01%	0.01%	0.32%	0.88%	1.36%	1.37%	1.37%	1.36%	1.36%	1.36%	1.36%	1.36%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Foreign Bank	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.20%	7.16%	6.93%	6.93%	6.92%	6.92%	7.17%	7.17%	7.17%	6.94%	6.93%	6.93%	7.01%	7.02%	7.02%	7.02%	6.96%
Mutual funds	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%	0.01%	0.01%	0.06%	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%	0.01%	0.01%	0.01%	0.01%	0.01%
Insurance companies	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	6.92%	6.91%	6.91%	6.91%	6.89%	6.89%	6.89%	6.89%	6.89%	6.66%	6.64%	6.64%	6.64%	6.64%	6.64%	6.64%	6.64%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Alternative investment funds	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	–	–	–	–	0.11%	0.11%	0.11%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.23%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	0.08%	0.09%	0.09%	0.10%	0.10%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.25%	0.25%	0.25%	0.25%	0.25%	0.25%	0.26%	0.26%	0.26%	0.26%	0.19%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	39.09%	39.11%	39.27%	39.38%	39.42%	39.46%	39.31%	39.02%	38.39%	38.01%	38.06%	38.01%	38.00%	37.98%	38.04%	38.95%	39.20%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.60%	26.96%	27.13%	27.30%	27.46%	27.62%	27.47%	25.35%	25.04%	25.11%	24.97%	24.57%	24.94%	24.81%	24.53%	24.61%	24.64%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	26.81%	6.22%	6.06%	5.53%	5.53%	5.53%	5.55%	6.22%	5.86%	5.82%	5.85%	6.33%	5.90%	5.91%	5.91%	5.83%	6.99%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.10%	2.34%	2.37%	2.81%	2.68%	2.56%	2.36%	2.46%	1.81%	1.47%	1.55%	1.54%	1.35%	1.39%	1.49%	1.61%	1.61%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.31%	1.27%	1.31%	1.37%	1.28%	1.31%	1.44%	2.50%	3.22%	3.28%	3.38%	3.36%	3.37%	3.38%	3.43%	4.14%	3.28%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	Under 0.01%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.67%	0.68%	0.68%	0.67%	0.70%	0.70%	0.70%	0.70%	0.69%	0.75%	0.75%	0.74%	0.74%	0.77%	0.75%	0.73%	0.72%
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%
Relatives of promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.04%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.44%	1.48%	1.56%	1.53%	1.61%	1.59%	1.63%	1.65%	1.61%	1.42%	1.52%	1.44%	1.69%	1.70%	1.92%	2.01%	1.94%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.01%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.21%	0.20%	0.43%	0.43%	0.42%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.34%	1.41%	1.48%	1.48%	1.53%	1.51%	1.54%	1.56%	1.52%	1.35%	1.41%	1.35%	1.37%	1.38%	1.36%	1.45%	1.46%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	Under 0.01%	0.02%	Under 0.01%	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%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.05%	0.05%	0.05%	0.06%	0.07%	0.07%	0.08%	0.08%	0.07%	0.09%	0.08%	0.10%	0.11%	0.14%	0.13%	0.05%
Depositary receipts	–	–	–	–	–	–	–	–	–	–	0.80%	0.80%	0.80%	0.80%	0.80%	0.80%	0.80%	0.80%	0.74%	0.74%	0.74%	0.74%	0.74%	0.74%	0.74%	0.74%	0.74%	0.74%	0.74%	0.74%	0.71%	0.67%	0.67%	0.67%	0.67%	0.67%	0.67%	0.67%	0.67%	0.67%
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%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Shares in issue	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692	1,25,70,692
Shares locked in	20,00,000	20,00,000	20,00,000	20,00,000	20,00,000	20,00,000	20,00,000	10,00,000	–	–	–	–	45	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	20,00,000	20,00,000	20,00,000	20,00,000	20,00,000	20,00,000	20,00,000	10,00,000	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Shares underlying depositary receipts	–	–	–	–	–	–	–	–	–	–	1,00,959	1,00,959	1,00,959	1,00,959	1,00,959	1,00,959	1,00,959	1,00,959	93,462	93,462	93,462	93,462	93,462	93,462	93,462	93,462	93,462	93,462	93,462	93,462	88,724	84,824	84,824	84,824	84,824	84,824	84,824	84,824	84,824	84,824

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 Excel 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	13,099	13,271	13,264	13,194	12,860	12,992	13,159	14,585	15,861	17,236	17,570	17,732	18,126	18,768	20,850	22,111	22,932	22,498	25,590	26,745	25,566	25,969	26,636	25,676	25,034	25,044	25,925	26,202	26,612	26,725	24,063	22,979	22,448	22,820	22,297	22,593	22,084	21,703	21,439	21,553
	28	27	27	27	27	26	26	26	26	26	26	26	26	26	26	26	26	26	26	24	24	24	24	24	24	24	24	24	24	24	24	24	24	22	23	23	24	22	21	21
Indian promoters	27	26	26	26	26	25	25	25	25	25	25	25	25	25	25	25	25	25	25	23	23	23	23	23	23	23	23	23	23	23	23	23	23	21	22	22	23	21	21	21
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	–	–
	13,071	13,244	13,237	13,167	12,833	12,966	13,133	14,559	15,835	17,210	17,541	17,703	18,097	18,739	20,821	22,082	22,903	22,469	25,561	26,718	25,539	25,942	26,609	25,649	25,007	25,017	25,898	26,175	26,585	26,698	24,036	22,953	22,422	22,796	22,272	22,568	22,058	21,679	21,416	21,530
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	40	42	39	34	34	29	28	31	38	36	40	39	37	38	34	31	28
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	33	35	32	27	27	22	21	23	29	27	30	30	29	29	26	23	20
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	1	1	1	1	2	3	3	4	3	2	3	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	7	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6
Foreign Bank	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	6	6	6
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14	13	12	12	11	11	12	12	12	12	12	12	14	12	12	12	12
Mutual funds	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	4	5	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Insurance companies	1	1	1	1	1	1	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	6	6	6	6	6	6	6	6	6	6	4	4	4	4
Alternative investment funds	–	–	–	–	–	–	–	–	1	1	1	–	–	–	–	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	–	1	1	1	1	1
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	0	0	0	0	0	1	1	1	1	1	1	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	25,595	24,952	24,966	25,852	26,130	26,545	26,658	23,993	22,903	22,374	22,744	22,221	22,517	22,008	21,633	21,373	21,490
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	23,564	23,561	24,435	24,707	25,076	25,131	22,604	21,553	21,043	21,300	20,822	21,067	20,626	20,241	19,959	20,075
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24,164	9	9	8	8	8	8	9	8	8	8	9	8	8	8	8	10
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	206	189	182	190	184	187	187	175	181	164	172	173	170	158	160	167	174
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	564	536	547	560	563	595	646	586	559	578	653	630	655	610	626	630	631
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	1	1
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	2	2	2	2	2	2	2
Relatives of promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	4	4	4	4	4	4	4	4	4	3	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	646	648	661	653	662	673	680	613	596	575	605	583	613	602	594	604	595
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30	16	21	4	3	4	5	3	4	4	4	3	17	18	18	17	17
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	603	622	630	639	645	651	654	592	571	559	585	566	578	568	558	572	572
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	4	3	4	2	1	1	1	1	1	1	1	1	1
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	7	7	7	10	15	17	16	19	10	14	12	16	14	16	13	4

Excel 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 Anshul Specialty Molecules Private Limited, 42.63%.Promoter buying and selling

Holder
Anshul Specialty Molecules Private LimitedIndian companies, trusts and others	42.63%	53,58,682
Dipkanti Investments and Financing Pvt LtdIndian companies, trusts and others	3.22%	4,04,326
Transpek Industry LimitedIndian companies, trusts and others	1.25%	1,56,650
Vibrant Greentech India Private LimitedIndian companies, trusts and others	1.19%	1,49,991
Ashwin Champraj ShroffIndividuals and Hindu undivided families	0.82%	1,03,071
Vishwa Atul ShroffIndividuals and Hindu undivided families	0.48%	60,689
Ravi Ashwin ShroffIndividuals and Hindu undivided families	0.41%	50,918
Hrishit Ashwin ShroffIndividuals and Hindu undivided families	0.41%	50,917
Shruti Atul ShroffIndividuals and Hindu undivided families	0.18%	22,018
Anshul Amrish BhatiaIndividuals and Hindu undivided families	0.17%	21,616
Preeti Dipesh ShroffIndividuals and Hindu undivided families	0.16%	20,042
Ami Kantisen ShroffIndividuals and Hindu undivided families	0.16%	20,000
Krishni Dipesh ShroffIndividuals and Hindu undivided families	0.11%	13,750
Chetana Praful SaraiyaIndividuals and Hindu undivided families	0.08%	10,643
Dayal Hiral TusharIndividuals and Hindu undivided families	0.08%	10,034
Hyderabad Chemical Products Private LimitedIndian companies, trusts and others	0.05%	6,833
Kantisen Chaturbhai Shroff- HufIndividuals and Hindu undivided families	0.04%	5,494
Dipesh Kantisen ShroffIndividuals and Hindu undivided families	0.03%	3,619
Kruti Praful SaraiyaIndividuals and Hindu undivided families	0.02%	2,556
Khyati DesaiIndividuals and Hindu undivided families	0.01%	1,500
Tushar Charandas DayalIndividuals and Hindu undivided families	0.01%	1,310

No promoter shares are reported as pledged.

Largest public holders of Excel Industries, filing by filing

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

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	7.66%	7.66%	7.66%	7.66%	7.66%	7.66%	7.66%	7.66%	7.66%	7.66%	7.66%	7.63%	7.51%	7.07%	7.07%	7.07%	7.07%	7.07%	7.07%	7.07%	7.03%	7.03%	6.92%	–	–	–	–	–	–	–	6.89%	6.89%	6.66%	6.64%	6.64%	6.64%	6.64%	6.64%	6.64%	6.64%
Manohar DevabhaktuniNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.22%	2.00%	2.01%	2.01%	2.01%	2.01%	2.01%	2.01%	2.01%	2.01%
Deep J MasterResident individuals, over ₹2 lakh at face value	–	–	–	1.12%	1.12%	1.09%	–	–	–	–	–	–	–	–	1.07%	1.10%	1.20%	1.17%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%	1.19%
Om Prakash RawatResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%	1.13%
LICI ASM NON PARInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.92%	6.91%	6.91%	6.91%	6.89%	6.89%	6.89%	–	–	–	–	–	–	–	–	–	–
Finquest Financial Solutions Pvt. Ltd.Other non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	1.20%	1.32%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Musaddilal RawatResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	1.13%	–	1.13%	1.13%	1.13%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Mussadilal RawatResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	1.13%	1.13%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Investor Education and Protection Fund Authority Ministry of Corporate AffairsOther non-institutions	–	–	–	–	0.47%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.