Lemon Tree Hotels shareholders and shareholding pattern

NSE: LEMONTREEBSE: 541233Leisure ServicesSmall Cap

Lemon Tree Hotels Limited · Face value ₹10 · Listed Apr 2018 · Issue price ₹56

₹106.53₹3.61 (3.28%)BSE ₹106.55

Share price at the NSE close on 27 Oct 2026. Previous close ₹110.14.

27 Oct: open ₹110.44, high ₹110.85, low ₹105.92

52-week range of traded prices to 27 Oct 2026

₹99.61Low, 16 Mar 2026₹170.68High, 31 Oct 2025

Market cap: ₹8,440 Cr577th largest listed
P/E: 35.95
P/E without one-offs: 31.48
P/B: 6.06
Dividend yield: Nonein the last 12 months
ROE: 18.4%
ROE without one-offs: 21.0%
ROCE: 13.7%
Debt to equity: 0.96
Volume, NSE: 71,19,72056.5% delivered

Lemon Tree Hotels' shareholding pattern for Sep 2026, filed on 21 Oct 2026, with every filing from Jun 2018: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Lemon Tree Hotels, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters22.32%
Foreign institutions18.26%
Indian institutions14.80%
Individuals and others44.57%
Employee trusts0.05%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others
Employee trusts

Per cent	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
	31.07%	30.84%	30.89%	30.89%	30.89%	31.24%	31.24%	31.24%	31.24%	31.05%	25.88%	25.88%	25.88%	25.88%	25.88%	23.95%	23.93%	23.61%	23.61%	23.61%	23.60%	23.28%	23.21%	22.88%	22.80%	22.77%	22.77%	22.34%	22.28%	22.28%	22.28%	22.32%	22.32%	22.32%
Indian promoters	31.07%	30.84%	30.89%	30.89%	30.89%	31.24%	31.24%	31.24%	31.24%	31.05%	25.88%	25.88%	25.88%	25.88%	25.88%	23.95%	23.93%	23.61%	23.61%	23.61%	23.60%	23.28%	23.21%	22.88%	22.80%	22.77%	22.77%	22.34%	22.28%	22.28%	22.28%	22.32%	22.32%	22.32%
	68.93%	68.61%	68.70%	68.74%	68.81%	68.50%	68.51%	68.52%	68.52%	68.71%	73.88%	73.89%	73.89%	73.91%	73.92%	75.87%	75.95%	76.29%	76.30%	76.31%	76.32%	76.64%	76.72%	77.07%	77.15%	77.17%	77.18%	77.61%	77.67%	77.67%	77.67%	77.63%	77.63%	77.63%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	27.46%	26.80%	24.46%	25.48%	24.82%	22.82%	27.09%	27.61%	21.75%	20.01%	20.90%	21.33%	21.45%	21.50%	21.60%	19.45%	18.26%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	27.46%	24.28%	22.48%	23.66%	23.39%	20.32%	24.40%	25.09%	20.67%	18.64%	19.53%	20.01%	19.58%	19.10%	19.01%	17.11%	16.17%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	2.53%	1.99%	1.82%	1.43%	2.50%	2.69%	2.52%	1.08%	1.37%	1.36%	1.32%	1.87%	2.40%	2.58%	2.33%	2.10%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.73%	10.14%	10.64%	10.38%	13.41%	14.99%	15.35%	15.20%	18.91%	20.80%	19.69%	19.98%	19.71%	19.46%	15.67%	14.35%	14.80%
Mutual funds	8.33%	8.36%	8.36%	8.94%	10.25%	18.57%	17.09%	17.10%	17.02%	16.26%	15.75%	15.33%	14.20%	14.09%	13.34%	12.02%	11.03%	10.32%	9.74%	10.12%	9.86%	12.19%	12.93%	13.46%	13.86%	17.45%	19.44%	18.21%	18.44%	18.42%	18.50%	14.91%	13.55%	13.35%
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.07%	0.04%	0.09%	0.21%	0.89%	1.84%	1.60%	0.93%	1.08%	1.00%	1.11%	1.11%	0.92%	0.68%	0.44%	0.47%	0.82%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.03%	0.04%	0.01%	0.02%	0.04%	–	0.01%	0.03%	0.03%	0.03%
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.07%	0.14%	0.37%	0.34%	0.36%	0.43%	0.31%	0.33%	0.23%	0.28%	0.38%	0.34%	0.35%	0.34%	0.39%	0.37%	0.26%	0.29%	0.30%	0.60%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	38.10%	39.36%	41.21%	40.46%	38.41%	38.91%	34.62%	34.34%	36.51%	36.38%	37.02%	36.36%	36.51%	36.71%	40.37%	43.84%	44.57%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.01%	9.46%	10.58%	10.41%	9.38%	9.65%	9.74%	9.83%	11.74%	10.66%	11.24%	11.38%	11.38%	11.57%	14.08%	16.13%	16.49%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.89%	6.85%	7.28%	6.84%	6.10%	6.15%	5.89%	5.45%	5.73%	5.93%	5.87%	5.76%	5.67%	5.67%	6.40%	7.63%	7.98%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.40%	6.29%	6.52%	6.45%	6.33%	6.45%	2.41%	2.41%	2.25%	2.99%	2.92%	2.36%	2.54%	2.50%	2.77%	2.81%	2.84%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.97%	1.00%	1.06%	1.03%	0.96%	0.98%	0.98%	1.04%	1.11%	1.13%	1.15%	1.18%	1.24%	1.28%	1.34%	1.41%	1.42%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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 companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%	15.13%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.00%	0.00%	0.00%	0.00%	–	–	–	0.00%	0.00%	0.00%	0.00%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.15%	0.14%	0.14%	0.14%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.49%	0.41%	0.42%	0.39%	0.31%	0.34%	0.34%	0.35%	0.42%	0.40%	0.58%	0.42%	0.42%	0.43%	0.51%	0.59%	0.59%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11%	0.06%	0.03%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.15%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.04%	0.03%	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%	0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.34%	0.31%	0.36%	0.36%	0.30%	0.33%	0.33%	0.35%	0.42%	0.39%	0.42%	0.41%	0.41%	0.42%	0.50%	0.58%	0.58%
Employee trusts	Under 0.01%	0.54%	0.42%	0.37%	0.30%	0.27%	0.25%	0.24%	0.24%	0.24%	0.24%	0.23%	0.23%	0.21%	0.21%	0.18%	0.12%	0.10%	0.09%	0.08%	0.08%	0.07%	0.07%	0.06%	0.06%	0.06%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	34.14%	33.76%	33.76%	33.76%	33.76%	33.96%	20.75%	20.75%	20.75%	20.75%	29.39%	23.20%	14.72%	11.88%	11.88%	6.43%	6.44%	3.33%	3.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Shares in issue	78,64,12,683	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464	79,22,46,464
Shares locked in	58,48,15,422	58,48,15,422	58,48,15,422	58,47,95,990	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–	–
Promoters' shares locked in	24,43,05,803	24,43,05,803	24,43,05,803	24,43,05,803	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	15,78,54,216	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–	–
Shares underlying depositary receipts	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	4,272	4,054	5,099	7,145	24,438	0	0	0	0	–	–	–	0	0	0	0

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 Lemon Tree Hotels shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	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	19,913	18,711	19,661	19,479	23,239	27,284	29,599	35,466	78,300	89,101	96,275	96,628	1,36,055	1,47,976	1,83,512	1,72,459	1,84,935	1,95,818	2,24,156	2,44,336	2,58,070	2,81,003	2,98,123	3,25,800	3,30,910	3,57,968	3,55,134	3,67,528	3,64,251	3,68,811	3,68,933	3,99,213	4,22,447	4,19,243
	5	5	5	5	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	4	4	4	4	4	4	4	4	4	4	8	8	8
Indian promoters	5	5	5	5	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	4	4	4	4	4	4	4	4	4	4	8	8	8
	19,907	18,704	19,654	19,473	23,232	27,277	29,592	35,459	78,293	89,094	96,268	96,621	1,36,048	1,47,969	1,83,505	1,72,452	1,84,928	1,95,811	2,24,148	2,44,328	2,58,060	2,80,991	2,98,107	3,25,795	3,30,905	3,57,963	3,55,129	3,67,523	3,64,246	3,68,806	3,68,928	3,99,204	4,22,438	4,19,234
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	174	169	153	148	166	164	198	199	162	150	165	195	182	178	171	168	160
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	174	158	142	135	147	145	175	181	147	134	148	177	159	154	148	147	144
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	11	11	13	19	19	23	18	15	16	17	18	23	24	23	21	16
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12	17	20	18	19	25	29	36	36	38	43	41	46	46	45	48	48
Mutual funds	3	4	5	6	6	9	9	7	7	6	6	6	6	9	9	7	8	6	7	10	10	10	15	15	17	19	20	22	21	23	24	23	25	25
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	1	1	2	3	4	5	6	6	7	9	11	10	9	8	6	5	7
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	1	1	1	1	1	1	–	1	1	1	1
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	3	5	8	7	5	5	5	6	11	7	7	8	9	13	8	9	11	9
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	0	0	0	1	1	2	1	1	–	1	5	6	6	6
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,95,625	2,23,962	2,44,155	2,57,894	2,80,806	2,97,918	3,25,568	3,30,670	3,57,765	3,54,941	3,67,315	3,64,010	3,68,578	3,68,704	3,98,988	4,22,222	4,19,026
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,90,670	2,18,311	2,37,726	2,51,065	2,74,392	2,91,005	3,17,586	3,22,309	3,48,527	3,45,619	3,57,243	3,53,461	3,57,415	3,57,383	3,86,662	4,08,702	4,05,579
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	568	568	629	563	473	482	466	449	500	487	505	517	512	522	622	746	798
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	741	833	903	917	671	720	951	962	999	1,034	1,072	1,073	1,162	1,095	1,130	1,191	1,065
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,102	2,520	2,910	3,160	3,089	3,316	3,946	4,292	4,528	4,711	5,167	5,574	6,026	6,145	6,406	6,938	6,868
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	0	0	0	0	–	–	–	0	0	0	0
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,539	1,725	1,982	2,184	2,176	2,390	2,615	2,654	3,207	3,086	3,324	3,381	3,459	3,555	4,164	4,641	4,712
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	122	76	51	12	1	5	3	5	8	4	4	3	3	1	3	4	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	8	9	8	7	5	5	4	8	8	8	9	10	10	7	7	6
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,410	1,641	1,922	2,164	2,168	2,380	2,607	2,645	3,191	3,074	3,312	3,369	3,446	3,544	4,154	4,630	4,706
Employee trusts	1	2	2	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

Lemon Tree Hotels 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 SPANK MANAGEMENT SERVICES PRIVATE LIMITED, 21.12%. The filing names 9 more members with no shares.Promoter buying and selling

Holder
SPANK MANAGEMENT SERVICES PRIVATE LIMITEDIndian companies, trusts and others	21.12%	16,72,95,366
SPARROW BUILDWELL PRIVATE LIMITEDIndian companies, trusts and others	0.86%	67,83,280
ILA DUBEYIndividuals and Hindu undivided families	0.31%	24,44,292
LILLETTE DUBEYIndividuals and Hindu undivided families	0.02%	1,50,000
TOUCAN REAL ESTATES PRIVATE LIMITEDIndian companies, trusts and others	0.01%	58,000
PATANJALI GOVIND KESWANIIndividuals and Hindu undivided families	0.00%	30,000
NAYANA RIA KESWANIIndividuals and Hindu undivided families	0.00%	15,000
ADITYA MADHAV KESWANIIndividuals and Hindu undivided families	0.00%	15,500

No promoter shares are reported as pledged.

Largest public holders of Lemon Tree Hotels, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Lemon Tree Hotels

Holder	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
APG STRATEGIC REAL ESTATE POOL N.V.Foreign companies	15.10%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%	14.99%
NOMURA INDIA INVESTMENT FUND MOTHER FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.80%	2.35%	2.35%	2.11%	2.11%	2.11%	2.35%	2.35%	2.35%	2.35%	2.35%	2.35%	2.35%	2.35%	2.04%	1.63%
ALLIANZ GLOBAL INVESTORS GMBH ACTING ON BEHALF OF ALLIANZ SOAFONDSForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.32%	1.44%	1.44%	1.60%
THE NOMURA TRUST AND BANKING CO., LTD AS THE TRUSTEE OF NOMURA INDIA STOCK MOTHER FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.34%	1.47%	1.47%	–	–	–	–	1.47%	1.39%	–	–
GOVERNMENT PENSION FUND GLOBALForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.36%	1.15%	1.16%	–	–
THE NOMURA TRUST AND BANKING CO., LTD AS THE TRUSTForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.09%	1.03%	1.22%	–	–	–	1.47%	1.47%	1.47%	1.47%	–	–	–	–
ALLIANZ GLOBAL INVESTORS GMBH ACTING ON BEHALF OFForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.14%	1.14%	1.14%	–	–	–	–
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.02%	1.02%	1.02%	1.02%	1.02%	1.04%	1.05%	1.07%	1.07%	1.09%	–	–	–	–	–	–
PACIFIC HORIZON INVESTMENT TRUST PLCForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	1.23%	1.70%	1.70%	1.70%	1.70%	1.55%	1.55%	1.55%	1.55%	1.55%	1.38%	1.24%	1.24%	1.17%	1.04%	1.04%	1.04%	–	–	–	–	–	–	–
NOMURA FUNDS IRELAND PUBLIC LIMITED COMPANY- NOMURA FUNDS IRELAND - INDIA EQUITY FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.14%	1.48%	1.14%	–	–	–	–	–	–	–	–
ROHDEA MASTER FUNDForeign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.35%	1.35%	–	–	–	–	–	–	–	–	–
BNP PARIBAS FINANCIAL MARKETS - ODIForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.02%	–	–	–	–	–	–	–	–	–	–
RJ CORP LIMITEDCompanies	6.79%	6.74%	6.74%	6.74%	6.74%	5.48%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	4.09%	–	–	–	–	–	–	–	–	–	–	–
BNP PARIBAS ARBITRAGE - ODIForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.08%	1.08%	–	–	1.65%	1.46%	–	–	–	–	–	–	–	–	–	–	–	–
GOLDMAN SACHS (SINGAPORE) PTE. - ODIForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.42%	1.45%	1.49%	1.33%	1.23%	1.12%	–	–	–	–	–	–	–	–	–	–	–	–	–
MATTHEWS INDIA FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.42%	2.14%	2.20%	1.64%	1.12%	1.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
JPMORGAN INDIAN INVESTMENT TRUST PLCForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.66%	1.66%	1.66%	1.40%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MATTHEWS EMERGING MARKETS SMALL COMPANIES FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.85%	1.85%	1.85%	1.71%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
JPMORGAN INDIA FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.13%	1.13%	1.13%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
WF ASIAN RECONNAISSANCE FUND LIMITEDInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	3.04%	4.46%	6.38%	6.38%	6.99%	6.99%	6.99%	6.99%	6.99%	6.99%	5.11%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ZAABA PAN ASIA MASTER FUNDInstitutions Foreign Portfolio Investor	–	–	–	2.06%	2.20%	2.21%	2.36%	2.50%	2.50%	2.50%	2.12%	2.06%	1.99%	1.95%	1.88%	1.24%	1.21%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
IVY ICON SOLUTIONS LLPOther non-institutions	–	–	–	–	–	–	–	–	–	–	2.04%	2.04%	2.04%	2.04%	1.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MATTHEWS ASIA SMALL COMPANIES FUNDInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	1.02%	1.72%	1.91%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
VANECK FUNDS - EMERGING MARKETS FUNDInstitutions Foreign Portfolio Investor	–	–	–	–	–	2.42%	2.42%	2.65%	2.65%	2.65%	2.65%	2.65%	1.76%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MIRAE ASSET ASIA SECTOR LEADER EQUITY FUNDInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
KUWAIT INVESTMENT AUTHORITY FUND F238Institutions Foreign Portfolio Investor	–	–	–	–	–	1.51%	1.51%	1.51%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ABERDEEN STANDARD ASIA FOCUS PLCInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	1.83%	1.47%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUSTInstitutions Foreign Portfolio Investor	–	–	1.18%	1.19%	1.42%	1.83%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
PALMS INTERNATIONAL INVESTMENTS LIMITEDOther non-institutions	2.44%	2.42%	2.42%	2.42%	2.04%	1.27%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MAPLEWOOD INVESTMENT LTDOther non-institutions	12.51%	12.42%	12.42%	12.42%	12.42%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MEZBAAN HOTELIERS PRIVATE LIMITEDOther non-institutions	1.10%	1.09%	1.09%	1.09%	1.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
RBC ASIA PACIFIC EX-JAPAN EQUITY FUNDInstitutions Foreign Portfolio Investor	1.85%	1.70%	1.70%	1.40%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
CITRON LIMITEDOther non-institutions	1.31%	1.30%	1.30%	1.30%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLCForeign venture capital investors	1.19%	1.18%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
INDUS INDIA FUND (MAURITIUS) LIMITEDInstitutions Foreign Portfolio Investor	1.06%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.

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.

Foreign institutions: NOMURA INDIA INVESTMENT FUND MOTHER FUND 1.63%, −0.41 pts; ALLIANZ GLOBAL INVESTORS GMBH ACTING ON BEHALF OF ALLIANZ SOAFONDS 1.60%, +0.16 pts