JSL Industries shareholders and shareholding pattern

BSE: 504080Electrical EquipmentSmall Cap

JSL Industries Ltd. · Face value ₹10 · Listed Apr 1968

₹806.80₹8.20 (1.01%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹815.00.

23 Oct: open ₹800.00, high ₹815.00, low ₹800.00

52-week range of traded prices to 23 Oct 2026

₹700.05Low, 11 Sep 2026₹1,327.00High, 24 Oct 2025

Market cap: ₹95 Cr2,795th largest listed
P/E: 28.51
P/B: 2.03
Dividend yield: Nonein the last 12 months
ROE: 7.2%
ROCE: 5.9%
Debt to equity: 0.04
Volume, BSE: 69

JSL Industries' shareholding pattern for Sep 2026, filed on 17 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 JSL Industries, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters40.58%
Indian institutions12.55%
Individuals and others46.87%

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	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	37.87%	37.87%	37.87%	37.87%	40.92%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.76%	40.75%	40.58%	40.58%
Indian promoters	28.75%	28.75%	28.75%	11.45%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.79%	15.80%	15.80%	15.80%	15.80%	15.80%	15.80%
Foreign promoters	9.12%	9.12%	9.12%	26.42%	25.12%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.97%	24.96%	24.96%	24.96%	24.96%	24.78%	24.78%
	62.13%	62.13%	62.13%	62.13%	59.08%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.24%	59.25%	59.42%	59.42%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%	12.55%
Insurance companies	13.32%	13.32%	13.32%	13.32%	12.67%	12.67%	12.67%	12.67%	12.67%	12.67%	12.67%	12.67%	12.67%	12.67%	12.67%	12.66%	12.62%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%	12.54%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.69%	46.87%	46.87%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.87%	12.87%	12.89%	12.94%	12.93%	12.92%	12.93%	12.91%	12.85%	12.90%	12.84%	12.00%	11.99%	11.99%	11.99%	12.13%	12.16%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	32.52%	32.52%	32.52%	32.52%	32.52%	32.52%	32.52%	32.52%	32.52%	32.52%	32.52%	33.38%	33.38%	33.38%	33.38%	33.38%	33.38%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.20%	1.19%	1.19%	1.18%	1.18%	1.17%	1.17%	1.18%	1.23%	1.18%	1.17%	1.17%	1.01%	1.17%	1.17%	1.18%	1.18%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.06%	0.06%	0.04%	0.04%	0.04%	0.04%	0.05%	0.04%	0.04%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	–	–	–	–	–	–	–
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%	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.02%	0.01%	0.01%	0.03%	0.03%	0.03%	0.05%	0.04%	0.03%	0.03%	0.19%	0.03%	0.04%	0.06%	0.03%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.02%	0.01%	0.01%	0.03%	–	0.03%	0.05%	0.04%	0.03%	0.03%	0.03%	0.03%	0.03%	0.06%	0.03%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Shares in issue	11,16,368	11,16,368	11,16,368	11,16,368	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868	11,73,868
Shares locked in	–	–	–	–	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Promoters' shares locked in	–	–	–	–	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	57,500	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of JSL 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	2,475	2,479	2,476	2,474	2,472	2,475	2,479	2,479	2,478	2,490	2,489	2,206	2,205	2,204	2,206	2,216	2,227	2,251	2,282	2,380	2,374	2,397	2,413	2,434	2,449	2,503	2,521	2,529	2,536	2,591	2,643	2,696	2,752	2,801	2,773	2,810	2,806	2,808	2,837	2,848
	11	11	11	10	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	11	12	12	12	12	12	12	12	12	12	12	12	12	12
Indian promoters	9	9	9	6	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	7	8	8	8	8	8	8
Foreign promoters	2	2	2	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	5	5	5	5	5	5	5	4	4	4	4	4	4
	2,464	2,468	2,465	2,464	2,461	2,464	2,468	2,468	2,467	2,479	2,478	2,195	2,194	2,193	2,195	2,205	2,216	2,240	2,271	2,369	2,363	2,386	2,402	2,423	2,438	2,492	2,510	2,517	2,524	2,579	2,631	2,684	2,740	2,789	2,761	2,798	2,794	2,796	2,825	2,836
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6
Insurance companies	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3	3
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	3	3	3	3	3	3
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,417	2,432	2,486	2,504	2,511	2,518	2,573	2,625	2,678	2,734	2,783	2,755	2,792	2,788	2,790	2,819	2,830
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,377	2,391	2,450	2,469	2,472	2,478	2,530	2,581	2,632	2,689	2,737	2,706	2,743	2,738	2,743	2,768	2,779
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17	16	15	14	14	13	13	13	14	13	13	13	7	14	14	15	16
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9	9	9	9	11	12	12	13	12	11	13	13	13	12	11	12	14
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	–	–	–	–	–	–	–
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	9	5	5	7	8	11	11	13	14	14	17	23	18	16	18	17
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	9	5	5	7	8	–	11	13	14	14	16	16	17	15	17	16
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1

JSL 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 SAATYAKI ANANT AMIN, 14.88%.Promoter buying and selling

Holder
SAATYAKI ANANT AMINNon-resident and foreign individuals	14.88%	1,74,674	1,74,674
SHETAL A DIVATIANon-resident and foreign individuals	8.52%	1,00,000	0
SUBHADRA RAVINDRABAI AMINIndividuals and Hindu undivided families	4.90%	57,500	57,500
INSUTECH INDUSTRIES LIMITEDIndian companies, trusts and others	3.83%	45,000	45,000
RAHUL NANUBHAI AMINIndividuals and Hindu undivided families	2.59%	30,359	30,359
JYOTI LTDIndian companies, trusts and others	2.49%	29,255	29,255
SHLOK ANANT AMINNon-resident and foreign individuals	1.09%	12,824	12,824
NANDITABEN NANUBHAI AMINIndividuals and Hindu undivided families	0.81%	9,542	9,542
TEJAL RAHUL AMINIndividuals and Hindu undivided families	0.70%	8,162	8,162
SHUBHALAKSHMI AMINIndividuals and Hindu undivided families	0.47%	5,552	5,552
SANGEETA BHAGUBHAI PATELNon-resident and foreign individuals	0.29%	3,441	3,441
ANANTBHAI NANUBHAI AMINIndividuals and Hindu undivided families	0.01%	100	0

No promoter shares are reported as pledged. In demat is the part of the holding kept electronically; the rest is paper certificates.

Largest public holders of JSL 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
MINAXI MADHUBHAI PATELResident individuals, over ₹2 lakh at face value	23.00%	23.00%	23.00%	23.00%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%	21.87%
THE ORIENTAL INSURANCE COMPANY LIMITEDInsurance companies	5.15%	5.15%	5.15%	5.15%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%	4.90%
UNITED INDIA INSURANCE CO LTDInsurance companies	–	4.44%	4.44%	4.44%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%	4.23%
IBRAHIM V RAJResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.84%
HITESH SHANTILAL PATELResident individuals, over ₹2 lakh at face value	4.03%	3.58%	3.58%	3.58%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%
SHAH KAILASHBEN GResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%
NATIONAL INSURANCE COMPANY LTDInsurance companies	3.73%	3.73%	3.73%	3.73%	3.55%	3.55%	3.55%	3.55%	3.55%	3.55%	3.55%	3.55%	3.55%	3.55%	3.55%	3.54%	3.50%	–	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%
IBRAHIM VIRSINGH RAJResident individuals, over ₹2 lakh at face value	4.03%	3.58%	3.58%	3.58%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.41%	3.84%	3.84%	3.84%	3.84%	3.84%	–
Govind Somchand ShahResident individuals, over ₹2 lakh at face value	4.03%	4.03%	4.03%	4.03%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	3.83%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
National Insurance CompanyLtdInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.41%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
United Insurance Company LimitedInsurance companies	4.44%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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 Jun 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: IBRAHIM V RAJ newly named at 3.84%; IBRAHIM VIRSINGH RAJ no longer named, from 3.84%