SML Mahindra shareholders and shareholding pattern

NSE: SMLMAHBSE: 505192Agricultural, Commercial & Construction VehiclesSmall Cap

SML Mahindra Limited · Formerly SML Isuzu · Face value ₹10 · Listed Nov 1985 on BSE, Aug 2003 on NSE

₹4,779.50₹163.50 (3.54%)BSE ₹4,786.70

Share price at the NSE close on 27 Oct 2026. Previous close ₹4,616.00.

27 Oct: open ₹4,664.00, high ₹4,846.50, low ₹4,620.00

52-week range of traded prices to 27 Oct 2026

₹2,749.00Low, 21 Nov 2025₹6,898.50High, 23 Sep 2026

Market cap: ₹6,917 Cr731st largest listed
P/E: 47.03
P/B: 12.35
Dividend yield: 0.49%
ROE: 29.3%
ROCE: 35.0%
Debt to equity: 0.05
Volume, NSE: 68,45343.3% delivered

SML Mahindra's shareholding pattern for Sep 2026, filed on 16 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 SML Mahindra, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters58.97%
Foreign institutions3.65%
Indian institutions2.75%
Individuals and others34.63%

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
	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	58.97%	58.97%	58.97%	58.97%	58.97%
Indian promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	–	58.97%	58.97%	58.97%	58.97%	58.97%
Foreign promoters	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	43.96%	0.00%	0.00%	0.00%	0.00%	0.00%
	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	56.04%	41.03%	41.03%	41.03%	41.03%	41.03%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.76%	16.69%	16.68%	15.11%	15.28%	15.43%	15.81%	15.32%	15.35%	15.32%	15.24%	15.73%	1.80%	0.61%	0.77%	1.24%	3.65%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.76%	1.69%	1.68%	0.11%	0.28%	0.43%	0.75%	0.32%	0.35%	0.32%	0.24%	0.43%	1.02%	0.56%	0.68%	1.14%	3.14%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.06%	0.00%	Under 0.01%	0.00%	0.00%	0.30%	0.78%	0.05%	0.09%	0.10%	0.51%
Foreign direct investment	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.07%	0.05%	Under 0.01%	0.04%	0.29%	0.63%	0.64%	1.56%	2.43%	2.75%
Mutual funds	3.49%	3.19%	3.05%	2.91%	2.69%	2.60%	2.36%	1.93%	1.40%	1.39%	1.00%	1.06%	1.10%	1.10%	1.11%	1.00%	1.00%	1.00%	1.00%	0.99%	0.99%	0.93%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.00%	0.00%	Under 0.01%	0.18%	Under 0.01%	0.12%	0.79%	1.68%
Insurance companies	–	–	–	0.12%	0.12%	0.12%	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	–	–	–	–	–	0.10%
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	0.42%	0.35%	0.35%	0.35%	0.35%	0.35%	0.28%	0.28%	0.32%	0.28%	0.00%	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.07%	0.00%	0.00%	0.04%	0.29%	0.45%	0.64%	1.44%	1.64%	0.96%
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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	54.28%	39.35%	39.35%	40.93%	40.76%	40.61%	40.23%	40.65%	40.64%	40.71%	40.76%	40.01%	38.60%	39.78%	38.70%	37.36%	34.63%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	18.25%	18.16%	17.40%	16.42%	16.40%	15.02%	14.33%	15.09%	15.72%	15.48%	15.71%	14.61%	15.08%	15.45%	16.49%	17.34%	15.60%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.34%	16.33%	17.37%	19.65%	19.82%	20.44%	21.17%	20.70%	20.32%	20.67%	20.52%	19.84%	18.13%	18.29%	16.01%	14.40%	13.84%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.10%	2.26%	1.92%	2.26%	1.91%	1.72%	1.42%	1.36%	1.12%	1.11%	1.15%	1.25%	1.34%	1.36%	1.40%	1.55%	1.32%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.98%	0.93%	0.99%	0.93%	0.97%	0.93%	0.84%	1.00%	0.94%	0.85%	0.81%	0.71%	0.70%	0.70%	0.71%	0.75%	0.79%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	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%	Under 0.01%	Under 0.01%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.55%	1.62%	1.61%	1.61%	1.61%	1.67%	1.67%	1.67%	1.67%	1.84%	1.84%	1.84%	1.83%	1.93%	1.93%	1.92%	1.92%
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.00%	0.00%	0.05%	0.05%	0.05%	0.81%	0.79%	0.83%	0.86%	0.77%	0.73%	1.77%	1.52%	2.05%	2.17%	1.39%	1.17%
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.05%	0.05%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.01%	0.01%	0.03%	0.01%	0.15%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	0.09%	0.11%	0.06%	0.08%	0.06%	1.17%	0.79%	1.11%	1.11%	0.52%	0.17%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.72%	0.68%	0.70%	0.79%	0.68%	0.66%	0.58%	0.72%	0.92%	1.03%	0.86%	0.85%
Shares in issue	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646	1,44,71,646

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 SML Mahindra 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	32,414	31,883	30,602	33,616	34,700	34,570	34,204	34,068	33,314	31,647	30,247	30,069	31,000	32,845	33,985	35,799	33,366	32,796	33,208	32,260	29,245	30,315	29,069	27,553	26,794	25,687	24,113	24,883	25,023	25,447	27,367	29,465	29,445	29,915	28,716	37,373	36,718	39,068	41,457	38,449
	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	1
Indian promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	–	0	0	0	0	0	0	0	0	0	0	0	0	–	1	1	1	1	1
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	–	–	–	–	0
	32,413	31,882	30,601	33,615	34,699	34,569	34,203	34,067	33,313	31,646	30,246	30,068	30,999	32,844	33,984	35,798	33,365	32,795	33,207	32,259	29,244	30,314	29,068	27,552	26,793	25,686	24,112	24,882	25,022	25,446	27,366	29,464	29,444	29,914	28,715	37,372	36,717	39,067	41,456	38,448
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	18	17	14	13	15	18	20	25	26	27	19	26	41	44	45	34	48
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17	15	12	11	13	17	18	24	24	26	18	22	36	39	41	32	44
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	0	1	0	1	0	0	3	5	5	4	2	4
Foreign direct investment	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	1	1	1	1	1	1	1	1	1	1	1	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	2	2	1	3	4	6	7	13	15	21
Mutual funds	17	17	17	15	8	7	7	7	3	3	1	2	2	2	2	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	1	0	0	1	2	1	5	7	7
Insurance companies	–	–	–	1	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	–	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	1
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	2	1	1	1	1	1	1	1	1	1	0	–	0	0	0	0	0	0	0	0	1	0	0	2	3	4	6	8	8	13
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	27,533	26,775	25,671	24,098	24,866	25,003	25,425	27,339	29,436	29,416	29,892	28,685	37,325	36,666	39,009	41,407	38,379
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	26,591	25,899	24,823	23,294	24,040	23,520	24,012	25,820	27,818	27,837	28,325	27,124	35,523	34,824	36,953	39,168	36,116
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11	11	11	10	11	12	10	9	7	7	6	7	11	11	11	12	12
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	261	222	211	203	198	166	156	190	194	195	198	196	230	222	256	261	301
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	662	636	620	585	611	609	593	653	661	620	626	628	689	732	800	880	907
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	0	5	5	5	694	652	665	754	755	735	728	870	875	987	1,084	1,041
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	6	5	5	7	6	4	5	4	4	6	7	8
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	21	22	26	18	18	17	24	26	26	25	29	33
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	667	625	634	729	731	714	699	840	845	956	1,048	1,000

SML Mahindra 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 MAHINDRA & MAHINDRA LIMITED, 58.97%. The filing names 163 more members with no shares.Promoter buying and selling

Holder
MAHINDRA & MAHINDRA LIMITEDIndian companies, trusts and others	58.97%	85,33,726

No promoter shares are reported as pledged.

Largest public holders of SML Mahindra, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding SML Mahindra

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
SACHIN BANSAL (PARTNER OF SPV ENTERPRISES)Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.80%	4.20%	4.20%	4.20%	4.44%	–	–	–	6.39%	6.40%	6.40%	6.43%	6.43%	6.17%	4.33%	4.13%	4.13%	4.13%	4.04%
SACHIN BANSAL (PARTNER OF ANANDAM ENTERPRISES)Resident individuals, over ₹2 lakh at face value	–	1.04%	1.38%	1.01%	–	–	–	–	–	–	1.47%	1.48%	1.48%	–	–	–	–	–	In concert	In concert	1.28%	1.29%	1.29%	1.29%	1.29%	1.29%	In concert	In concert	In concert	3.39%	3.42%	3.42%	3.81%	3.81%	3.87%	3.25%	3.25%	3.25%	3.19%	3.07%
VANAJA SUNDAR IYERResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.38%	1.76%	1.76%	1.87%	2.25%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.83%	1.93%	1.93%	1.92%	1.92%
SACHIN BANSAL (PARTNER OF NAVODAYA ENTERPRISES)Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	3.29%	3.26%	2.87%	–	–	–	–	–	3.87%	5.32%	6.34%	6.34%	7.64%	7.64%	7.64%	8.43%	In concert	In concert	In concert	9.54%	9.18%	9.18%	9.18%	9.18%	8.80%	7.51%	7.26%	4.90%	2.75%	1.73%
SSPL SECURITIES PRIVATE LIMITEDOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.04%	–	1.04%	1.04%	–	–
ISUZU MOTORS LIMITEDForeign direct investment	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	–	–	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	15.00%	–	–	–	–	–
SACHIN BANSALResident individuals, over ₹2 lakh at face value	2.53%	–	–	–	1.04%	–	1.38%	1.66%	2.07%	3.11%	–	–	–	2.94%	2.16%	2.14%	3.63%	4.42%	–	In concert	In concert	–	–	–	In concert	In concert	16.59%	16.59%	17.28%	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert
JUPITER INDIA FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	3.14%	3.14%	2.94%	2.94%	2.74%	2.74%	2.71%	2.39%	1.32%	1.32%	1.32%	1.32%	1.32%	1.32%	1.32%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SACHIN BANSAL (PARTNER OF SPV TRADERS)Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	In concert	1.52%	3.78%	–	–	–	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert	In concert
ISUZU MOTOTRS LIMITEDOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ISUZU MOTORSLIMITEDOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	15.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
NATIONAL WESTMINSTER BANK PLC AS TRUSTEE OF THE JUPITER INDIA FUNDInstitutions Foreign Portfolio Investor	1.70%	–	3.25%	3.25%	–	3.28%	3.32%	3.20%	3.14%	3.14%	3.14%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
NATIONAL WESTMINISTER BANK PLC AS TRSTEE OF THE JUPITER INDIA FUNDInstitutions Foreign Portfolio Investor	–	–	–	–	3.25%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SACHIN BANSAL, PARTENER OF NAVODYA ENTERPRISESResident individuals, over ₹2 lakh at face value	–	1.90%	2.33%	2.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
NATIONAL WESTMINISTER BANL PLC AS TRUSTEE OF THE JUPITER INDIA FUNDInstitutions Foreign Portfolio Investor	–	2.08%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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. “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.

Individuals and others: SACHIN BANSAL (PARTNER OF NAVODAYA ENTERPRISES) 1.73%, −1.02 pts; VANAJA SUNDAR IYER 2.25%, +0.38 pts; SACHIN BANSAL (PARTNER OF ANANDAM ENTERPRISES) 3.07%, −0.12 pts; 1 more moved

Persons acting in concert

From the filing for Sep 2026.

Name	Holding	Shares
SACHIN BANSAL (PARTNER OF SPV TRADERS)	4.04%	5,85,000
SACHIN BANSAL (PARTNER OF ANANDAM ENTERPRISES)	3.08%	4,45,000
SACHIN BANSAL (PARTNER OF NAVODYA ENTERPRISES)	1.73%	2,50,000
SACHIN BANSAL	0.01%	2,100

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.