Star Cement shareholders and shareholding pattern

NSE: STARCEMENTBSE: 540575Cement & Cement ProductsSmall Cap

Star Cement Limited · Face value ₹1 · Listed Jun 2017

₹163.01₹0.60 (0.37%)BSE ₹162.90

Share price at the NSE close on 29 Oct 2026. Previous close ₹162.41.

29 Oct: open ₹160.85, high ₹164.40, low ₹160.24

52-week range of traded prices to 29 Oct 2026

₹156.20Low, 28 Oct 2026₹269.60High, 4 Nov 2025

Next results date: the board meets on 6 Nov 2026 to consider: financial results. The notice · Results calendar

Market cap: ₹6,589 Cr591st largest listed
P/E: 17.82
P/B: 2.06
Dividend yield: 0.61%
ROE: 12.2%
ROCE: 14.1%
Debt to equity: 0.18
Volume, NSE: 1,16,70765.8% delivered

Star Cement's shareholding pattern for Sep 2026, filed on 15 Oct 2026, with every filing from Jun 2017: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Star Cement, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters58.11%
Foreign institutions1.66%
Indian institutions2.49%
GovernmentsNone
Individuals and others37.73%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	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
	74.90%	74.61%	73.25%	68.89%	68.89%	68.88%	68.87%	67.99%	67.94%	67.94%	67.11%	66.77%	66.78%	67.17%	67.11%	67.11%	66.21%	66.89%	67.06%	67.33%	67.37%	67.43%	67.03%	67.12%	66.76%	66.55%	66.48%	66.59%	66.49%	66.47%	57.69%	57.66%	57.66%	57.59%	57.62%	58.12%	58.10%	58.11%
Indian promoters	74.90%	74.61%	73.25%	68.89%	68.89%	68.88%	68.87%	67.99%	67.94%	67.94%	67.11%	66.77%	66.78%	67.17%	67.11%	67.11%	66.21%	66.89%	67.06%	67.33%	67.37%	67.43%	67.03%	67.12%	66.76%	66.55%	66.48%	66.59%	66.49%	66.47%	57.69%	57.40%	57.39%	57.32%	57.35%	57.85%	57.83%	57.84%
Foreign 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%	0.27%	0.27%	0.27%	0.27%	0.27%	0.27%	0.27%
	25.10%	25.39%	26.75%	31.11%	31.11%	31.12%	31.13%	32.01%	32.06%	32.06%	32.89%	33.23%	33.22%	32.83%	32.89%	32.89%	33.79%	33.11%	32.94%	32.67%	32.63%	32.57%	32.97%	32.88%	33.24%	33.45%	33.52%	33.41%	33.51%	33.53%	42.31%	42.34%	42.34%	42.41%	42.38%	41.88%	41.90%	41.89%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.40%	0.53%	0.63%	0.69%	0.77%	1.05%	1.52%	1.60%	1.36%	1.19%	2.02%	2.24%	2.96%	2.47%	2.27%	2.29%	1.66%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.40%	0.53%	0.63%	0.69%	0.77%	0.99%	1.45%	1.53%	1.23%	1.06%	1.88%	2.12%	2.38%	2.24%	2.13%	2.14%	1.64%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.06%	0.07%	0.08%	0.13%	0.14%	0.14%	0.12%	0.58%	0.23%	0.13%	0.15%	0.02%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.14%	6.14%	6.15%	6.25%	6.13%	6.06%	6.11%	5.06%	4.98%	4.95%	5.17%	4.93%	4.38%	4.48%	2.65%	2.38%	2.49%
Mutual funds	1.23%	1.62%	2.62%	7.20%	7.31%	8.38%	8.70%	8.70%	8.62%	8.41%	7.54%	7.40%	7.45%	7.43%	7.27%	7.27%	7.28%	6.08%	6.09%	5.90%	5.90%	5.90%	5.90%	5.90%	5.96%	5.97%	6.02%	6.11%	5.03%	4.96%	4.95%	5.16%	4.87%	4.33%	4.33%	2.52%	2.37%	2.49%
Insurance companies	–	–	–	–	–	–	–	–	–	–	0.60%	–	–	–	–	–	–	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%	0.00%	–	–	–	–	–	–
Alternative investment funds	–	–	0.03%	0.03%	–	–	–	–	0.60%	0.85%	0.85%	0.86%	0.86%	0.86%	0.78%	0.66%	0.61%	0.43%	0.25%	0.25%	0.25%	0.25%	0.25%	0.25%	0.27%	0.11%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	0.03%	0.04%	0.14%	0.11%	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	0.02%	0.05%	0.04%	Under 0.01%	0.04%	0.02%	Under 0.01%	0.01%	0.03%	0.01%	0.01%	0.02%	0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	26.03%	26.29%	26.10%	26.31%	26.55%	26.41%	25.78%	26.84%	27.19%	36.17%	35.15%	35.17%	35.07%	35.43%	36.97%	37.23%	37.73%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.83%	3.82%	3.57%	3.82%	4.09%	3.89%	3.36%	4.21%	4.46%	4.57%	3.72%	3.68%	3.57%	3.80%	4.12%	3.93%	3.99%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.39%	2.59%	2.71%	2.55%	2.55%	2.55%	2.35%	2.35%	2.64%	2.74%	2.70%	2.76%	2.73%	2.77%	2.78%	2.78%	2.97%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.38%	5.53%	5.48%	5.54%	5.55%	5.56%	5.56%	5.63%	5.69%	14.44%	14.42%	14.39%	14.43%	14.45%	15.64%	16.05%	16.26%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.24%	0.38%	0.42%	0.41%	0.41%	0.43%	0.40%	0.42%	0.44%	0.42%	0.40%	0.40%	0.42%	0.40%	0.41%	0.37%	0.46%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.05%	0.06%	0.06%	0.06%	0.06%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.41%	4.48%	4.48%	4.45%	4.45%	4.45%	4.40%	4.40%	4.40%	4.40%	4.40%	4.40%	4.40%	4.40%	4.40%	4.40%	4.40%
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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.73%	9.44%	9.39%	9.49%	9.44%	9.46%	9.65%	9.79%	9.50%	9.55%	9.46%	9.49%	9.47%	9.54%	9.55%	9.64%	9.60%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.12%	0.03%	0.02%	0.05%	0.02%	0.04%	0.02%	0.03%	0.04%	0.07%	0.05%	0.05%	0.04%	0.03%	0.03%	0.02%	0.02%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.29%	9.11%	9.11%	8.88%	9.18%	9.18%	9.43%	9.43%	9.13%	9.08%	9.08%	9.10%	9.10%	9.11%	9.10%	9.15%	9.15%
Domestic Corporate Unclaimed Shares Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	Under 0.01%	–	–	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.31%	0.30%	0.26%	0.25%	0.24%	0.24%	0.20%	0.23%	0.26%	0.30%	0.26%	0.25%	0.24%	0.26%	0.26%	0.29%	0.28%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.09%	0.07%	0.10%	0.07%	0.08%	0.09%	0.13%	0.16%	0.17%	0.14%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.13%	0.13%	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.04%	0.04%	0.04%	0.19%	0.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.08%	0.08%	0.60%	1.12%	1.33%	1.33%	1.34%	1.33%	1.33%	1.33%	1.33%
Shares in issue	41,92,28,997	41,92,28,997	41,92,28,997	41,92,28,997	41,92,28,997	41,92,28,997	41,92,28,997	41,92,28,997	41,92,28,997	41,92,28,997	41,24,28,997	41,24,28,997	41,24,28,997	41,24,28,997	41,24,28,997	41,24,28,997	41,24,28,997	41,24,28,997	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417	40,41,80,417
Shares locked in	12,37,38,920	12,36,38,920	12,37,38,920	12,37,38,920	12,37,38,920	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	12,36,38,920	12,36,38,920	12,36,38,920	12,36,38,920	12,36,38,920	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	8,38,45,800	–	–	–	–	0	0	0	0	0	0	0	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 Star Cement shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	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	12,247	12,530	14,593	17,900	17,474	17,389	16,966	17,255	16,619	18,925	18,531	19,005	21,687	24,437	23,890	34,664	37,026	51,444	52,242	53,969	52,539	50,304	45,054	42,373	43,866	52,001	54,130	56,636	65,415	65,627	70,804	65,091	64,011	61,660	61,167	62,720	62,529	63,480
	41	41	41	41	41	42	42	40	40	40	40	40	40	44	44	43	43	44	44	44	44	44	44	44	44	44	44	44	47	47	43	43	42	42	43	43	43	44
Indian promoters	41	41	41	41	41	42	42	40	40	40	40	40	40	44	44	43	43	44	44	44	44	44	44	44	44	44	44	44	47	47	43	42	41	41	42	42	42	43
Foreign promoters	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1
	12,206	12,489	14,552	17,859	17,433	17,347	16,924	17,215	16,579	18,885	18,491	18,965	21,647	24,393	23,846	34,621	36,983	51,400	52,198	53,925	52,495	50,260	45,010	42,329	43,822	51,957	54,086	56,592	65,368	65,580	70,761	65,048	63,969	61,618	61,124	62,677	62,486	63,436
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	39	46	51	51	48	56	64	64	66	68	71	69	84	85	78	71	50
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	39	46	51	51	48	54	60	59	61	62	63	62	74	74	68	64	47
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	2	4	5	5	6	8	7	10	11	10	7	3
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	6	7	7	7	7	8	9	10	12	15	12	11	11	11	7
Mutual funds	10	12	3	4	5	5	5	5	4	6	6	6	5	5	5	5	5	4	4	3	2	2	2	3	3	4	5	5	5	6	8	9	10	8	6	7	8	5
Insurance companies	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Alternative investment funds	–	–	1	1	–	–	–	–	1	2	2	2	2	2	2	2	2	2	1	1	1	1	1	1	2	1	0	0	0	1	1	1	3	2	3	1	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	2	2	2	2	2	3	2	1	2	2	2	2	3	3	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	50,217	44,960	42,272	43,764	51,902	54,023	56,521	65,296	65,505	70,682	64,964	63,884	61,521	61,027	62,587	62,403	63,378
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	48,097	42,988	40,395	41,830	49,726	51,917	54,519	63,116	63,171	68,205	62,681	61,547	59,070	58,591	59,973	59,789	60,664
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13	11	12	10	10	10	9	9	10	13	12	13	13	13	13	13	14
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	230	278	240	257	281	252	239	249	253	285	233	226	263	245	265	271	273
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	866	810	809	874	1,048	1,043	1,053	1,092	1,191	1,204	1,159	1,229	1,359	1,346	1,464	1,393	1,489
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,007	867	810	787	831	795	695	824	874	969	873	863	810	826	866	931	932
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	100	40	34	22	20	21	16	17	21	33	21	24	25	21	19	22	21
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	4	4	2	4	4	4	4	2	3	2	2	4	6	5	4	4
Domestic Corporate Unclaimed Shares Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	–	–	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	905	822	771	760	806	769	674	782	824	907	831	816	753	765	806	861	863
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	20	26	25	18	20	27	33	35	43	43

Star Cement 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 SAJJAN BHAJANKA, 12.02%. The filing names 20 more members with no shares.Promoter buying and selling

Holder
SAJJAN BHAJANKAIndividuals and Hindu undivided families	12.02%	4,85,86,362	0.00%
PREM KUMAR BHAJANKAIndividuals and Hindu undivided families	10.76%	4,34,99,400	0.00%
DIVYA AGARWALIndividuals and Hindu undivided families	4.62%	1,86,60,196	0.00%
SANTOSH BHAJANKAIndividuals and Hindu undivided families	4.40%	1,77,88,483	0.00%
SANJAY AGARWALIndividuals and Hindu undivided families	4.36%	1,76,23,185	0.00%
BRIJDHAM MERCHANTS PVT LTDIndian companies, trusts and others	2.51%	1,01,30,086	0.00%
SRI RAM VANIJYA PVT LTDIndian companies, trusts and others	2.46%	99,47,476	0.00%
SUMANGAL INTERNATIONAL PVT LTDIndian companies, trusts and others	2.18%	88,29,253	0.00%
SUMANGAL BUSINESS PVT LTDIndian companies, trusts and others	1.93%	78,17,091	0.00%
SRI RAM MERCHANTS PVT LTDIndian companies, trusts and others	1.89%	76,57,056	0.00%
YASH BALA BHAJANKAIndividuals and Hindu undivided families	1.12%	45,07,778	0.00%
RAJESH KUMAR AGARWALIndividuals and Hindu undivided families	0.87%	35,15,625	0.00%
LAXMI CHAMARIAIndividuals and Hindu undivided families	0.77%	30,92,045	0.00%
HARDEO DAS KAMAKHYA PRASAD HUFIndividuals and Hindu undivided families	0.77%	30,93,580	0.00%
KAILASH PRASAD CHAMARIAIndividuals and Hindu undivided families	0.73%	29,60,293	33.78%
GOURI SHANKAR KAILASH PRASAD HUFIndividuals and Hindu undivided families	0.67%	26,91,684	0.00%
AMRITANSH CHAMARIAIndividuals and Hindu undivided families	0.62%	25,07,800	83.74%
AUROVILLE INVESTMENTS PVT LTDIndian companies, trusts and others	0.59%	23,76,194	0.00%
BHAWNA AGARWALIndividuals and Hindu undivided families	0.54%	21,81,776	0.00%
HARI PRASAD AGARWALA AND OTHERSIndividuals and Hindu undivided families	0.42%	16,81,270	0.00%
SNIGDHA CHAMARIAIndividuals and Hindu undivided families	0.38%	15,23,972	0.00%
GAYATRI CHAMARIAIndividuals and Hindu undivided families	0.37%	15,01,100	0.00%
PAYAL AGRAWALIndividuals and Hindu undivided families	0.32%	12,87,908	0.00%
SUMITRA DEVI AGARWALIndividuals and Hindu undivided families	0.30%	11,99,930	0.00%
SHRADDHA AGARWALNon-resident and foreign individuals	0.27%	10,91,068	0.00%
TUSHAR BHAJANKAIndividuals and Hindu undivided families	0.26%	10,32,041	0.00%
SNEH LOHIAIndividuals and Hindu undivided families	0.25%	9,92,041	0.00%
KAMAKHYA CHAMARIAIndividuals and Hindu undivided families	0.25%	10,07,086	0.00%
RATNA CHAMARIAIndividuals and Hindu undivided families	0.22%	9,00,124	0.00%
VINAY AND COMPANYIndividuals and Hindu undivided families	0.21%	8,29,921	2.05%
SUCHITA AGARWALIndividuals and Hindu undivided families	0.18%	7,35,107	0.00%
SARIKA JALANIndividuals and Hindu undivided families	0.17%	6,99,311	0.00%
SONU KAJARIAIndividuals and Hindu undivided families	0.16%	6,26,560	0.00%
PRAHLAD RAI CHAMARIAIndividuals and Hindu undivided families	0.15%	6,00,000	0.00%
TANUJ CHAMARIAIndividuals and Hindu undivided families	0.13%	5,05,750	0.00%
PRAHLAD RAI CHAMARIA (PRAHLAD RAI VINAY KUMAR HUF)Individuals and Hindu undivided families	0.10%	4,00,000	0.00%
NANCY CHOUDHARYIndividuals and Hindu undivided families	0.06%	2,24,367	0.00%
ARUSHI KEJRIWALIndividuals and Hindu undivided families	0.04%	1,68,835	0.00%
KESHAV BHAJANKAIndividuals and Hindu undivided families	0.04%	1,58,317	0.00%
TANISHQA AGARWALIndividuals and Hindu undivided families	0.02%	1,00,000	0.00%
VANSHIKA AGARWALIndividuals and Hindu undivided families	0.02%	1,00,000	0.00%
MUKUND CHAMARIAIndividuals and Hindu undivided families	0.01%	50,000	0.00%
SAROJ KEJRIWALIndividuals and Hindu undivided families	0.00%	200	0.00%
RAJENDRA UDYOG HUFIndividuals and Hindu undivided families	0.00%	2,520	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Star Cement, filing by filing

Per cent, on the same shares as the split above.

Holder	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
MAHABIR PRASAD AGARWALOther non-institutions	1.11%	–	–	–	–	–	–	–	–	8.24%	8.72%	8.72%	–	8.72%	–	–	9.92%	–	–	–	8.82%	8.82%	8.82%	8.88%	8.88%	8.88%	9.14%	9.14%	9.14%	9.08%	9.08%	9.10%	9.10%	9.10%	9.10%	9.15%	9.15%
ULTRATECH CEMENT LIMITEDCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.42%	8.42%	8.42%	8.42%	8.42%	8.42%	8.42%	8.42%
SUBHAM CAPITAL PRIVATE LIMITEDCompanies	–	–	–	–	–	–	1.20%	1.20%	1.20%	2.91%	3.14%	3.14%	3.22%	3.22%	3.32%	3.32%	3.32%	3.33%	3.33%	3.33%	3.33%	3.33%	3.33%	3.33%	3.33%	3.33%	3.33%	3.33%	3.33%	3.40%	3.46%	3.46%	3.46%	3.47%	3.96%	3.96%	4.22%
BRIJ BHUSAN AGARWAL & SONSDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%	2.81%
SUBHAM BUILDWELL PRIVATE LIMITEDCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.37%	1.77%	1.87%
MAHABIR PRASAD AGARWAL & SONSDirectors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.26%	1.26%	1.26%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%	1.23%
ABU DHABI INVESTMENT AUTHORITY - MONSOONForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.06%	1.04%	1.02%	1.04%	1.04%	–
MAHABIR PRASAD AGARWAL (TRUST)Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	8.72%	–	8.72%	8.72%	–	8.82%	8.82%	8.82%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
BRIJ BHUSHAN AGARWAL (HUF)Other non-institutions	–	–	–	–	–	–	–	–	2.65%	2.65%	2.65%	2.65%	2.65%	2.65%	2.68%	2.80%	–	2.81%	2.81%	2.81%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MAHABIR PRASAD AGARWAL (HUF)Other non-institutions	–	–	–	–	–	–	–	–	1.00%	1.01%	1.01%	1.01%	1.10%	1.10%	1.16%	1.20%	–	1.20%	1.20%	1.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
BRIJ BHUSHAN AGARWALOther non-institutions	2.76%	2.45%	2.65%	2.65%	2.65%	2.65%	2.65%	2.65%	–	–	–	–	–	–	–	–	2.80%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SUBHAM AGARWALResident individuals, over ₹2 lakh at face value	3.40%	3.44%	3.44%	3.44%	3.44%	3.43%	3.71%	3.71%	3.72%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SHEETIJ AGARWALResident individuals, over ₹2 lakh at face value	2.44%	2.20%	2.21%	2.20%	2.20%	2.20%	2.20%	2.20%	2.20%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MITTU AGARWALResident individuals, over ₹2 lakh at face value	2.32%	2.20%	1.86%	1.86%	1.86%	1.86%	1.86%	1.86%	1.87%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
HSBC GLOBAL INVESTMENT FUNDS -ASIA EX JAPAN EQUITY SMALLER COMPANIESInstitutions Foreign Portfolio Investor	–	1.07%	1.07%	1.07%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.

Foreign institutions: ABU DHABI INVESTMENT AUTHORITY - MONSOON no longer named, from 1.04%
Individuals and others: SUBHAM CAPITAL PRIVATE LIMITED 4.22%, +0.26 pts; SUBHAM BUILDWELL PRIVATE LIMITED 1.87%, +0.10 pts