Sun Pharma Advanced Research Company shareholders and shareholding pattern

NSE: SPARCBSE: 532872Pharmaceuticals & BiotechnologySmall Cap

Sun Pharma Advanced Research Company Limited · Face value ₹1 · Listed Jul 2007

₹182.66₹3.42 (1.91%)BSE ₹182.55

Share price at the NSE close on 28 Oct 2026. Previous close ₹179.24.

28 Oct: open ₹180.63, high ₹184.30, low ₹178.35

52-week range of traded prices to 28 Oct 2026

₹108.00Low, 23 Mar 2026₹289.00High, 8 Jul 2026

Next results date: the board meets on 2 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹5,928 Cr778th largest listed
P/E: 3.74
P/B: 4.43
Dividend yield: Nonein the last 12 months
ROE: 118.4%
ROCE: 84.8%
Debt to equity: 0.42
Volume, NSE: 4,34,66631.5% delivered

Sun Pharma Advanced Research Company's shareholding pattern for Sep 2026, filed on 9 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 Sun Pharma Advanced Research Company, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters65.67%
Foreign institutions3.75%
Indian institutions0.11%
GovernmentsNone
Individuals and others30.48%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
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
	66.93%	66.93%	66.93%	66.93%	67.47%	67.47%	67.47%	68.11%	68.11%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.10%	68.10%	69.09%	69.09%	69.09%	68.22%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%
Indian promoters	66.93%	66.93%	66.93%	66.93%	67.47%	67.47%	67.47%	68.11%	68.11%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.46%	68.10%	68.10%	69.09%	69.09%	69.09%	68.22%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%	65.67%
	33.07%	33.07%	33.07%	33.07%	32.53%	32.53%	32.53%	31.89%	31.89%	31.54%	31.54%	31.54%	31.54%	31.54%	31.54%	31.54%	31.54%	31.54%	31.54%	31.90%	31.90%	30.91%	30.91%	30.91%	31.78%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%	34.33%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.38%	3.48%	3.64%	3.64%	3.67%	3.30%	3.23%	2.64%	2.15%	2.23%	1.45%	1.47%	1.76%	2.04%	2.04%	3.90%	3.75%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.38%	3.48%	2.93%	2.93%	2.96%	2.65%	2.60%	2.06%	2.04%	2.11%	1.45%	1.46%	1.75%	2.04%	2.04%	3.21%	3.31%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.71%	0.71%	0.71%	0.65%	0.64%	0.58%	0.11%	0.12%	Under 0.01%	0.02%	0.01%	0.00%	Under 0.01%	0.69%	0.43%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.93%	0.93%	0.78%	0.78%	0.80%	0.81%	0.82%	0.18%	0.23%	0.64%	1.13%	0.97%	1.05%	0.78%	0.88%	0.09%	0.11%
Mutual funds	1.20%	1.30%	1.37%	2.11%	2.09%	1.96%	1.97%	1.98%	1.75%	1.09%	1.05%	0.72%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%	0.01%	0.02%	0.02%	0.02%	0.24%	0.24%	0.24%	0.25%	0.21%	0.21%	0.23%	0.24%	0.25%	0.08%	0.10%	0.51%	1.01%	0.94%	1.01%	0.76%	0.85%	0.08%	0.10%
Insurance companies	–	–	–	–	0.04%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	–	–	–
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	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.53%	0.53%	0.52%	0.52%	0.52%	0.51%	0.42%	0.42%	0.42%	0.43%	0.42%	0.09%	0.11%	0.11%	0.11%	0.02%	0.02%	0.02%	0.02%	Under 0.01%	Under 0.01%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.17%	0.14%	0.14%	0.14%	0.14%	0.14%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	27.60%	27.37%	29.91%	29.91%	29.86%	30.21%	30.28%	31.51%	31.95%	31.46%	31.75%	31.88%	31.52%	31.51%	31.41%	30.33%	30.48%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.23%	11.31%	10.03%	9.95%	9.78%	9.81%	9.37%	12.38%	13.27%	13.56%	14.85%	14.85%	14.54%	15.01%	14.68%	14.40%	14.53%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.47%	4.69%	6.15%	6.18%	6.12%	6.28%	6.74%	6.53%	5.93%	5.33%	4.14%	4.30%	4.40%	4.19%	2.12%	4.17%	4.12%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.07%	4.70%	7.77%	7.79%	8.14%	8.43%	8.46%	6.99%	7.02%	7.09%	7.29%	7.25%	6.80%	6.74%	8.97%	5.96%	6.17%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.38%	0.37%	0.67%	0.70%	0.67%	0.68%	0.76%	0.58%	0.68%	0.73%	0.67%	0.69%	0.70%	0.70%	0.73%	0.72%	0.81%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	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%	0.00%	0.00%	–	–	–
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.30%	0.30%	0.25%	0.26%	0.25%	0.26%	0.25%	0.23%	0.23%	0.23%	0.22%	0.22%	0.03%	0.03%	0.03%	0.03%	0.03%
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%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–
Relatives of promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.02%	0.02%	0.02%	0.02%	0.21%	0.02%	0.02%	0.02%	0.02%
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.16%	4.10%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	3.48%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.99%	1.89%	1.55%	1.56%	1.41%	1.28%	1.21%	1.29%	1.32%	1.03%	1.09%	1.06%	1.36%	1.33%	1.37%	1.56%	1.32%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	0.01%	Under 0.01%
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.69%	0.69%	0.57%	0.57%	0.60%	0.51%	0.66%	0.63%	0.65%	0.68%	0.79%	0.81%	0.78%	0.76%	0.80%	0.94%	0.84%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.10%	0.03%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	0.55%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.34%	0.37%	0.36%	0.38%	0.42%
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.20%	1.17%	0.95%	0.98%	0.80%	0.76%	Under 0.01%	0.65%	0.67%	0.33%	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.29%	0.25%	0.23%	0.20%	0.21%	0.23%	0.05%
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%	Under 0.01%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	3.37%	2.29%	2.23%	2.23%	2.10%	2.03%	3.14%	3.05%	3.05%	3.05%	3.05%	1.32%	1.90%	1.90%	0.75%	2.29%	2.29%	2.29%	2.29%	2.18%	2.18%	1.65%	1.02%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Shares in issue	24,68,95,977	24,68,95,977	24,68,95,977	24,68,95,991	25,09,36,395	25,09,36,395	25,09,36,395	25,59,86,900	25,59,86,900	26,20,47,506	26,20,47,506	26,20,47,506	26,20,47,506	26,20,47,506	26,20,47,506	26,20,47,506	26,20,47,506	26,20,47,506	26,20,47,506	26,34,52,000	26,34,52,000	27,18,78,966	27,18,78,966	27,18,78,966	27,53,29,467	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588	32,45,21,588
Shares locked in	–	–	9,65,44,331	10,06,23,273	10,46,63,677	10,46,63,677	10,46,63,677	10,97,14,182	10,97,14,182	11,57,74,788	11,57,74,788	11,57,74,788	1,51,51,515	1,41,51,515	1,41,51,515	1,41,51,515	1,41,51,515	1,01,11,111	3,82,63,906	3,46,17,895	3,46,17,895	1,48,92,066	98,31,460	84,26,966	1,18,77,467	6,10,69,588	6,10,69,588	6,10,69,588	5,76,19,087	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	2,52,80,899	2,52,80,899	2,52,80,899	13,72,10,587	13,72,10,587	13,72,10,587
Promoters' shares locked in	–	–	9,65,44,331	9,65,43,131	10,05,83,535	10,05,83,535	10,05,83,535	10,56,34,040	10,56,34,040	11,06,94,646	11,06,94,646	11,06,94,646	1,41,51,515	1,41,51,515	1,41,51,515	1,41,51,515	1,41,51,515	1,01,11,111	3,82,13,906	3,31,63,401	3,31,63,401	1,34,87,572	84,26,966	84,26,966	84,26,966	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	3,37,07,865	2,52,80,899	2,52,80,899	2,52,80,899	13,72,10,587	13,72,10,587	13,72,10,587

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 Sun Pharma Advanced Research Company 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	87,853	86,480	85,077	77,595	68,673	68,952	70,295	71,050	76,311	79,723	81,486	81,188	80,364	83,211	93,753	94,436	90,313	99,454	1,10,301	94,834	95,039	92,736	94,494	93,718	96,337	98,777	1,00,807	1,01,433	1,03,990	1,02,743	1,25,184	1,28,205	1,31,034	1,42,864	1,40,724	1,36,997	1,44,810	1,40,625	1,41,957	1,41,992
	25	25	25	25	25	25	25	25	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14
Indian promoters	25	25	25	25	25	25	25	25	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14	14
	87,828	86,455	85,052	77,570	68,648	68,927	70,270	71,025	76,297	79,709	81,472	81,174	80,350	83,197	93,739	94,422	90,299	99,440	1,10,287	94,820	95,025	92,722	94,480	93,704	96,323	98,763	1,00,793	1,01,419	1,03,976	1,02,729	1,25,170	1,28,191	1,31,020	1,42,850	1,40,710	1,36,983	1,44,796	1,40,611	1,41,943	1,41,978
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	53	64	65	64	65	66	67	60	62	61	31	26	25	22	23	45	50
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	52	63	58	58	59	60	59	54	55	54	29	23	23	21	21	38	41
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	6	5	5	5	7	5	6	6	1	2	1	0	1	6	8
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15	17	18	18	19	22	25	25	28	28	22	19	18	20	19	19	19
Mutual funds	15	15	15	19	9	10	13	12	9	9	9	8	5	5	4	4	5	5	6	6	5	6	6	6	8	9	9	10	12	12	10	13	13	10	8	8	8	8	7	8
Insurance companies	–	–	–	–	10	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	–	0	0	0	0	0	0	0	1	1	1	1	0	0	0	0	–	–	–
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	4	4	5	4	4	4	5	4	4	4
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	1	1	1	1	1	1	2	4	1	4	4	4	3	2	2	2	3	2
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	4	4	4	9	6	5	4	4	4	5	5	5	5
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	93,635	96,241	98,679	1,00,710	1,01,334	1,03,887	1,02,636	1,25,084	1,28,100	1,30,930	1,42,796	1,40,664	1,36,939	1,44,753	1,40,568	1,41,878	1,41,908
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	89,093	91,736	94,110	95,998	96,784	99,311	98,074	1,19,789	1,22,565	1,25,197	1,36,878	1,34,991	1,31,304	1,39,148	1,34,969	1,36,177	1,36,065
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16	18	19	18	18	20	23	23	18	17	18	18	19	17	16	18	18
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	513	513	513	547	551	560	590	709	728	783	761	623	572	546	536	566	615
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,562	1,554	1,584	1,686	1,606	1,637	1,722	1,768	1,835	1,901	2,003	1,912	1,915	1,930	1,995	2,090	2,143
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	1	1	1	1	1	0	0	–	–	–
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14	14	14	14	14	14	13	13	11	11	11	11	4	4	4	4	4
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	0	0	0	0	0	–	–	–
Relatives of promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	2	2	2	2	2	9	2	2	2	2
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2
Trusts linked to the promoter group	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,434	2,403	2,436	2,444	2,358	2,342	2,211	2,776	2,937	3,016	3,120	3,104	3,114	3,104	3,044	3,019	3,059
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	7	6	6	5	5	5	6	6	5	5	6	6	6	5	6	4
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	8	1	1	1	1	1	1	1	1	1	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,284	2,298	2,329	2,368	2,289	2,268	61	2,681	2,827	2,905	3,002	3,026	2,985	2,971	2,919	2,878	2,958
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	90	45	46	14	9	8	2,135	7	9	8	11	7	58	62	54	63	68
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	51	52	54	55	54	60	2	80	93	96	–	–	–	–	–	–	–
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	100	63	63	63	64	70	27
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1

Sun Pharma Advanced Research Company 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 Shanghvi Finance Private Limited, 42.28%. The filing names 1 more member with no shares.Promoter buying and selling

Holder
Shanghvi Finance Private LimitedIndian companies, trusts and others	42.28%	13,72,11,787	13,72,10,587	100.00%
Dilip.S.ShanghviIndividuals and Hindu undivided families	19.05%	6,18,10,660	6,18,10,660	0.00%
Aditya Medisales LimitedIndian companies, trusts and others	1.51%	48,88,126	48,88,126	0.00%
Raksha Sudhir ValiaIndian companies, trusts and others	1.28%	41,45,231	41,45,231	0.00%
Sudhir Vrundavandas ValiaIndividuals and Hindu undivided families	0.57%	18,33,951	18,33,951	0.00%
Unimed Investments LimitedIndian companies, trusts and others	0.39%	12,67,963	12,67,963	0.00%
Vibha Dilip ShanghviIndividuals and Hindu undivided families	0.33%	10,63,236	10,63,236	0.00%
Vidhi Dilip ShanghviIndividuals and Hindu undivided families	0.11%	3,44,081	3,44,081	0.00%
Aalok Dilip ShanghviIndividuals and Hindu undivided families	0.11%	3,50,162	3,50,162	0.00%
Shanghvi Family & Friends Benefit TrustIndian companies, trusts and others	0.05%	1,54,922	1,54,922	0.00%
Kumud Shantilal ShanghviIndividuals and Hindu undivided families	0.01%	38,795	38,795	0.00%
Flamboyawer Finance Private LimitedIndian companies, trusts and others	0.00%	2,543	2,543	0.00%
Shanghvi Universal Private LimitedIndian companies, trusts and others	0.00%	1,887	1,887	0.00%
Sun Petro Private LimitedIndian companies, trusts and others	0.00%	1,751	1,751	0.00%

No promoter shares are reported as pledged. In demat is the part of the holding kept electronically; the rest is paper certificates. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.

Largest public holders of Sun Pharma Advanced Research Company, 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
Sun Pharmaceutical Industries Key Employees Benefit TrustTrusts linked to the promoter group	–	3.92%	3.92%	3.92%	4.11%	4.11%	4.11%	4.03%	4.03%	3.94%	3.94%	3.94%	3.94%	3.94%	3.94%	3.94%	3.94%	3.94%	3.94%	3.92%	3.92%	3.79%	3.79%	3.79%	3.75%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%	3.18%
Lakshdeep Investments & Finance (P) Ltd.Companies	–	1.65%	1.65%	1.65%	1.63%	1.63%	1.63%	1.59%	1.59%	1.94%	1.94%	1.94%	1.94%	1.94%	1.94%	1.94%	1.94%	1.94%	1.94%	1.93%	1.93%	1.87%	1.87%	1.87%	1.85%	1.57%	1.57%	1.57%	1.57%	1.58%	1.86%	1.86%	1.86%	1.86%	1.86%	1.86%	1.86%	1.86%	1.86%	1.86%
Paresh Mohanlal ParekhResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.28%	1.28%	–	1.26%	1.25%	1.23%	1.05%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	–	1.13%	1.13%
Vijay Mohanlal ParekhResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.29%	1.29%	–	1.25%	1.25%	1.24%	1.05%	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%
Enam Holdings Pvt LtdCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.04%	1.04%	1.04%	1.04%	–	–	1.04%
Enam Securities Private LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.04%	1.04%	1.04%	1.04%	1.04%	1.04%	1.04%	1.04%	–	–	–	–	1.04%	1.04%	–
Psl LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.16%	–	–
Rekha JhunjhunwalaResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.59%	–	–	–	–	–	–	–
Jhunjhunwala Rekha RakeshResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.94%	1.94%	1.94%	1.94%	1.94%	1.94%	1.94%	–	–	–	–	–	–	–	–
Seafarer Overseas Growth and Income FundInstitutions Foreign Portfolio Investor	3.06%	3.10%	3.25%	3.25%	–	3.44%	3.40%	3.30%	2.78%	1.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Matthews India FundInstitutions Foreign Portfolio Investor	1.70%	1.70%	1.54%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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: Enam Holdings Pvt Ltd newly named at 1.04%; Enam Securities Private Limited no longer named, from 1.04%