LMW shareholders and shareholding pattern

NSE: LMWBSE: 500252Industrial ManufacturingSmall Cap

LMW Limited · Formerly Lakshmi Machine Works · Face value ₹10 · Listed Apr 1964 on BSE, Mar 1995 on NSE

₹16,302.00₹134.00 (0.83%)BSE ₹16,291.05

Share price at the NSE close on 27 Oct 2026. Previous close ₹16,168.00.

27 Oct: open ₹16,161.00, high ₹16,630.00, low ₹16,080.00

52-week range of traded prices to 27 Oct 2026

₹11,920.00Low, 30 Mar 2026₹20,151.00High, 17 Aug 2026

Market cap: ₹17,415 Cr408th largest listed
P/E: 84.92
P/B: 5.73
Dividend yield: 0.21%
ROE: 7.0%
ROCE: 5.1%
Debt to equity: 0.00
Volume, NSE: 6,06149.9% delivered

LMW's shareholding pattern for Sep 2026, filed on 13 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 LMW, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters30.80%
Foreign institutions5.41%
Indian institutions9.50%
Individuals and others54.29%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
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
	28.35%	29.61%	30.07%	30.07%	30.07%	30.07%	30.07%	30.07%	30.83%	30.83%	30.83%	30.91%	30.95%	30.95%	31.11%	31.11%	31.11%	31.11%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	30.80%	30.80%	30.80%	30.80%	30.80%	30.80%
Indian promoters	28.35%	29.61%	30.07%	30.07%	30.07%	30.07%	30.07%	30.07%	30.83%	30.83%	30.83%	30.91%	30.95%	30.95%	31.11%	31.11%	31.11%	31.11%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	31.13%	30.80%	30.80%	30.80%	30.80%	30.80%	30.80%
	71.65%	70.39%	69.93%	69.93%	69.93%	69.93%	69.93%	69.93%	69.17%	69.17%	69.17%	69.09%	69.05%	69.05%	68.89%	68.89%	68.89%	68.89%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	68.87%	69.20%	69.20%	69.20%	69.20%	69.20%	69.20%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.71%	4.90%	5.07%	5.04%	4.94%	4.97%	5.24%	5.48%	5.49%	5.63%	5.91%	5.81%	5.53%	5.47%	5.54%	5.45%	5.41%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	4.90%	4.98%	4.97%	4.84%	4.88%	5.11%	5.34%	5.37%	5.50%	5.78%	5.57%	5.37%	5.33%	5.40%	5.30%	5.25%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.71%	0.00%	0.09%	0.07%	0.09%	0.09%	0.13%	0.14%	0.12%	0.13%	0.13%	0.24%	0.16%	0.14%	0.14%	0.15%	0.16%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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 Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.99%	12.04%	11.92%	10.97%	11.29%	11.29%	11.16%	10.91%	10.63%	10.17%	9.65%	9.86%	9.79%	9.78%	9.56%	9.51%	9.50%
Mutual funds	6.69%	7.39%	7.20%	8.86%	9.25%	6.05%	5.81%	5.58%	3.37%	3.48%	3.54%	3.89%	3.58%	6.48%	6.24%	4.45%	4.32%	2.78%	2.70%	2.81%	2.82%	2.99%	2.98%	2.88%	2.91%	2.92%	2.72%	3.16%	3.55%	3.39%	3.28%	3.44%	3.29%	2.80%	2.96%	2.88%	2.88%	2.66%	2.61%	2.62%
Insurance companies	11.17%	11.99%	11.99%	11.07%	11.04%	11.02%	11.01%	11.01%	11.29%	11.29%	11.29%	12.36%	11.90%	10.90%	10.86%	10.72%	10.19%	9.66%	9.66%	9.66%	9.17%	8.72%	8.72%	8.94%	8.98%	8.86%	8.24%	8.12%	7.73%	7.73%	7.59%	7.16%	6.87%	6.83%	6.83%	6.83%	6.82%	6.82%	6.82%	6.80%
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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	0.02%	0.07%	0.08%	0.08%	0.09%	0.09%	0.09%	0.13%	0.18%	0.16%	0.18%	0.16%	0.14%	0.12%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	0.01%	Under 0.01%	Under 0.01%	0.06%	0.07%	0.07%	0.07%	0.07%	0.07%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	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%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.03%	0.03%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	52.17%	51.93%	51.89%	52.86%	52.65%	52.61%	52.47%	52.49%	52.75%	53.07%	53.32%	53.53%	53.88%	53.95%	54.10%	54.24%	54.29%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.87%	14.77%	14.75%	15.47%	15.34%	14.96%	14.94%	14.89%	14.97%	15.07%	14.98%	15.08%	15.41%	15.27%	15.07%	15.03%	15.33%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.32%	11.36%	11.25%	11.27%	11.19%	11.49%	11.52%	11.52%	11.53%	11.58%	11.82%	11.82%	11.74%	11.96%	11.97%	12.17%	11.79%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.90%	14.89%	14.81%	14.88%	15.17%	15.13%	14.95%	15.19%	15.21%	15.22%	15.26%	15.47%	15.47%	15.53%	15.60%	15.77%	18.17%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.68%	1.52%	1.52%	1.56%	1.56%	1.56%	1.56%	1.58%	1.59%	1.60%	1.61%	1.66%	1.66%	1.67%	1.67%	1.69%	1.71%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.51%	0.52%	0.52%	0.51%	0.51%	0.50%	0.50%	0.50%	0.49%	0.51%	0.51%	0.51%	0.51%	0.52%	0.51%	0.46%	0.46%
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%	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%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.88%	8.87%	9.03%	9.17%	8.87%	8.96%	9.00%	8.80%	8.96%	9.08%	9.14%	8.98%	9.08%	9.00%	9.27%	9.11%	6.81%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.04%	0.04%	0.04%	0.04%	0.13%	0.04%	0.04%	0.08%	0.06%	0.04%	0.04%	0.05%	0.05%	0.04%	0.08%	0.04%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.48%	4.49%	4.49%	4.58%	4.54%	4.55%	4.55%	4.53%	4.62%	4.72%	4.67%	4.69%	4.69%	4.61%	4.64%	4.50%	4.50%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	0.09%	0.09%	0.09%	0.09%	0.10%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.34%	4.34%	4.50%	4.55%	4.29%	4.29%	4.41%	4.22%	4.23%	4.31%	4.43%	4.26%	4.25%	4.25%	4.50%	4.44%	2.17%
Shares in issue	1,12,66,504	1,09,55,504	1,09,55,504	1,09,55,504	1,09,55,504	1,09,55,504	1,09,55,504	1,09,55,504	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000	1,06,83,000

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 LMW 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	27,898	29,438	29,142	30,560	29,965	29,664	32,171	33,837	36,022	35,815	35,945	36,419	37,237	37,411	37,790	38,699	37,094	35,415	35,786	33,398	33,428	35,245	34,181	33,483	33,223	33,060	33,654	33,945	34,173	32,761	32,107	31,602	31,283	30,900	32,140	32,240	31,652	31,201	30,685	30,857
	19	19	19	19	19	20	21	21	21	20	20	20	20	20	20	20	20	20	20	20	20	22	22	20	20	20	20	20	20	19	19	19	19	19	22	22	22	22	22	22
Indian promoters	19	19	19	19	19	20	21	21	21	20	20	20	20	20	20	20	20	20	20	20	20	22	22	20	20	20	20	20	20	19	19	19	19	19	22	22	22	22	22	22
	27,879	29,419	29,123	30,541	29,946	29,644	32,150	33,816	36,001	35,795	35,925	36,399	37,217	37,391	37,770	38,679	37,074	35,395	35,766	33,378	33,408	35,223	34,159	33,463	33,203	33,040	33,634	33,925	34,153	32,742	32,088	31,583	31,264	30,881	32,118	32,218	31,630	31,179	30,663	30,835
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	95	112	115	109	97	89	94	98	96	96	96	106	99	93	93	92	95
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	111	107	103	93	85	88	91	89	87	89	96	88	84	84	83	85
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	94	0	7	5	3	3	5	6	6	8	6	9	10	8	8	8	9
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Foreign Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	22	23	23	19	20	21	18	20	25	22	23	24	24	23	17	19	18
Mutual funds	26	19	15	17	11	6	8	7	8	9	8	7	6	8	7	5	6	7	7	8	8	8	9	8	10	10	9	9	11	7	6	11	11	12	11	11	10	7	7	7
Insurance companies	3	4	4	4	4	4	4	4	4	4	4	5	5	5	5	5	4	3	3	3	3	3	3	5	5	5	4	4	4	4	4	4	3	3	3	3	3	3	3	3
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	3	3	3	3	3	3	3	3	3	3	3	3	3	2	2	2
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	2	1	2	2	1	1	1	1	1	1	4	4	2	3	3	3	1	1	0	0	0	2	1	1	3	3	3	2	4	4
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	2	2	2	5	3	3	3	3	3	3	2	2	1
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	2	2	2	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	33,346	33,068	32,902	33,506	33,808	34,043	32,630	31,970	31,462	31,146	30,762	31,988	32,095	31,514	31,069	30,552	30,722
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	31,093	30,809	30,675	31,240	31,512	31,743	30,364	29,750	29,253	28,928	28,571	29,250	29,368	28,813	28,367	27,866	27,980
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14	14	14	14	14	15	15	15	15	15	16	16	16	17	17	18	16
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	292	302	292	299	315	295	298	280	276	259	258	294	270	266	260	255	305
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	531	563	558	577	587	584	577	580	569	577	578	1,029	1,025	1,021	1,034	1,023	1,028
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,412	1,376	1,359	1,372	1,377	1,403	1,373	1,342	1,346	1,364	1,336	1,396	1,413	1,394	1,388	1,387	1,390
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	5	5	6	6	5	5	6	6	5	5	5	5	3	4	3
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,305	1,299	1,300	1,321	1,329	1,355	1,327	1,294	1,294	1,317	1,290	1,342	1,329	1,314	1,316	1,308	1,324
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	63	28	13	6	2	2	5	4	4	3	2	2	34	29	28	32	34
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	40	45	41	40	40	40	36	39	42	38	39	47	45	46	41	43	29

LMW 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 Lakshmi Cargo Company Ltd, 10.08%. The filing names 28 more members with no shares.Promoter buying and selling

Holder
Lakshmi Cargo Company LtdIndian companies, trusts and others	10.08%	10,76,970
Lakshmi Technology and Engineering IndustriesltdIndian companies, trusts and others	6.52%	6,96,862
The Lakshmi Mills Company LimitedIndian companies, trusts and others	4.54%	4,85,000
Lakshmi Ring Travellers (Coimbatore) Private LimitedIndian companies, trusts and others	2.36%	2,52,180
Super Sales India LimitedIndian companies, trusts and others	2.15%	2,29,480
Sanjay JayavarthanaveluIndividuals and Hindu undivided families	1.33%	1,42,291
Eshaan Enterprises LimitedIndian companies, trusts and others	1.19%	1,27,110
J RajyalakshmiIndividuals and Hindu undivided families	0.92%	97,980
Lakshmi Electrical Control Systems LimitedIndian companies, trusts and others	0.83%	88,800
Uttara RIndividuals and Hindu undivided families	0.41%	44,290
Lakshmi Electrical Drives Private LimitedIndian companies, trusts and others	0.16%	17,500
Lakshmi Precision Technologies LimitedIndian companies, trusts and others	0.14%	15,000
Shivali JayavarthanaveluIndividuals and Hindu undivided families	0.07%	7,970
Ravi SamIndividuals and Hindu undivided families	0.05%	5,866
Nethra J S KumarIndividuals and Hindu undivided families	0.01%	720
S PathyIndividuals and Hindu undivided families	0.01%	1,420
Dinakaran Senthilkumar (HUF)Individuals and Hindu undivided families	0.00%	160
Jaidev JayavarthanaveluIndividuals and Hindu undivided families	0.00%	460
Lalithadevi Sanjay JayavarthanaveluIndividuals and Hindu undivided families	0.00%	49
Chakradhara Aerospace and Cargo Private LimitedIndian companies, trusts and others	0.00%	1
Lakshmi Life Sciences Private LimitedIndian companies, trusts and others	0.00%	1
Revantha Services Private LimitedIndian companies, trusts and others	0.00%	1

No promoter shares are reported as pledged.

Largest public holders of LMW, 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
Nemish S ShahResident individuals, over ₹2 lakh at face value	–	8.11%	8.11%	8.11%	8.11%	8.11%	8.11%	8.11%	8.32%	8.32%	8.32%	8.32%	5.00%	5.00%	8.32%	5.00%	8.32%	9.32%	5.89%	5.89%	5.80%	5.71%	5.71%	5.66%	5.66%	5.61%	5.61%	5.57%	5.47%	8.79%	8.79%	8.75%	8.75%	8.75%	8.75%	8.68%	8.68%	8.67%	8.56%	8.56%
Voltas LimitedCompanies	5.15%	5.29%	5.29%	5.29%	5.29%	5.29%	5.29%	5.29%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%	5.43%
Gagandeep Credit Capital Pvt LtdCompanies	–	2.68%	2.22%	1.48%	1.44%	1.44%	1.44%	1.44%	1.48%	1.48%	1.48%	1.48%	1.48%	3.86%	4.10%	4.10%	4.10%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.45%	4.64%	4.64%	4.64%	4.64%	4.64%	4.64%	4.64%
Lici Asm Non ParInsurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.15%	5.09%	4.95%	4.76%	4.65%	4.26%	4.26%	4.12%	3.73%	3.48%	3.44%	3.44%	3.44%	3.44%	3.44%	3.44%	3.44%
The New India Assurance Company LimitedInsurance companies	3.15%	3.39%	3.39%	3.39%	3.35%	3.35%	3.35%	3.35%	3.43%	3.43%	3.43%	3.43%	3.43%	3.43%	3.43%	3.43%	3.43%	3.42%	3.42%	3.42%	3.27%	3.27%	3.27%	3.22%	3.10%	3.10%	3.10%	3.09%	3.09%	3.09%	3.09%	3.09%	3.09%	3.09%	3.09%	3.09%	3.08%	3.08%	3.08%	3.08%
Shamyak Investment Private LimitedCompanies	–	–	–	–	–	2.11%	2.11%	2.11%	2.16%	2.16%	2.16%	2.16%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.52%	2.62%	2.62%	2.62%	2.62%	2.62%	2.62%	2.62%	2.62%	2.62%	2.62%	2.62%
Samyaktva Construction LlpCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.04%	1.27%	1.29%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%
Rekha N ShahResident individuals, over ₹2 lakh at face value	1.36%	1.43%	1.43%	1.43%	1.43%	1.43%	1.43%	1.43%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%	1.47%
Claricent Advisory Services LlpOther non-institutions	–	1.30%	1.30%	1.30%	1.30%	1.30%	1.30%	1.30%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.33%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%	1.37%
Theleme India Master Fund LimitedForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.08%	1.08%	1.08%	1.05%	1.02%	1.02%	–
NEMISH S SHAH HUFOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	3.32%	3.32%	In concert	3.32%	In concert	In concert	3.32%	3.32%	3.32%	3.32%	3.32%	3.32%	3.32%	3.32%	3.32%	3.32%	3.32%	In concert	–	–	–	–	–	–	–	–	–	–
LIFE INSURANCE CORPORATION OF INDIAInsurance companies	7.85%	8.07%	8.07%	7.16%	7.16%	7.16%	7.16%	7.16%	7.34%	7.34%	7.34%	7.24%	7.14%	6.26%	6.26%	6.58%	6.21%	5.89%	5.89%	5.89%	5.56%	5.15%	5.15%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SHARDA S SHAHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
PINEBRIDGE INVESTMENTS GF MAURITIUS LIMITEDInstitutions Foreign Portfolio Investor	–	4.26%	4.26%	4.26%	4.12%	4.09%	4.04%	3.91%	4.01%	4.01%	4.01%	4.01%	4.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ICICI PRUDENTIAL LIFE INSURANCE COMPANYInsurance companies	2.60%	2.67%	2.58%	2.45%	2.43%	2.45%	2.40%	2.19%	1.78%	1.78%	1.63%	1.17%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
AXIS CAPITAL LIMITEDOther non-institutions	9.10%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ANVIL SH AND STK BKG P LOther non-institutions	6.15%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
HONGKONG BANKOther non-institutions	4.57%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
DEUTSCHE BANK A.G.Other non-institutions	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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. “In concert” is a filing that named the holder only among the persons acting in concert; the latest filing's list is below.

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: Theleme India Master Fund Limited no longer named, from 1.02%

Persons acting in concert

From the filing for Sep 2026.

Name	Holding	Shares
GAGANDEEP CREDIT CAPITAL PVT LTD	4.65%	4,96,222
CLARICENT ADVISORY SERVICES LLP	1.38%	1,46,890
HITEN A SHETH	0.40%	42,945
OPPORTUNE ADVISORY SERVICES LLP	0.32%	34,205
SHAMYAK INVESTMENT PRIVATE LIMITED	2.62%	2,80,200
NEMISH S SHAH	5.24%	5,59,673
REKHA N SHAH	1.47%	1,57,014
NEMISH S SHAH (HUF ACCOUNT)	3.32%	3,54,200
ANUJ ANANTRAI SHETH	0.09%	10,000
PRESCIENT WEALTH MANAGEMENT PVT LTD	0.89%	95,000

Shareholders who act together in the company, with what each holds. The list can repeat holders shown above, under another name or as one of a fund house's schemes.