Zuari Agro Chemicals shareholders and shareholding pattern

NSE: ZUARIBSE: 534742Fertilizers & AgrochemicalsSmall Cap

Zuari Agro Chemicals Limited · Face value ₹10 · Listed Nov 2012

₹191.27₹0.54 (0.28%)BSE ₹190.90

Share price at the NSE close on 27 Oct 2026. Previous close ₹190.73.

27 Oct: open ₹190.73, high ₹193.56, low ₹190.00

52-week range of traded prices to 27 Oct 2026

₹175.10Low, 30 Mar 2026₹345.60High, 30 Dec 2025

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

Market cap: ₹804 Cr1,486th largest listed
P/E: 0.86
P/E without one-offs: 6.32
P/B: 0.39
Dividend yield: Nonein the last 12 months
ROE: 47.6%
ROE without one-offs: 6.4%
ROCE: 6.9%
Debt to equity: 0.31
Volume, NSE: 52,65436.7% delivered

Zuari Agro Chemicals' 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 Zuari Agro Chemicals, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters65.21%
Foreign institutions1.91%
Indian institutions0.10%
GovernmentsNone
Individuals and others32.79%

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
	65.72%	66.08%	66.08%	66.08%	66.08%	66.08%	66.08%	66.08%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.04%	65.28%	65.28%	65.28%	65.28%	65.28%	65.28%	65.28%	65.28%	65.28%	65.21%	65.21%	65.21%	65.21%	65.21%	65.21%	65.21%	65.21%	65.21%
Indian promoters	47.91%	47.91%	47.91%	47.91%	47.91%	47.91%	47.91%	47.91%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	46.87%	47.11%	47.11%	47.11%	47.11%	47.11%	47.11%	47.11%	47.11%	47.11%	47.04%	47.04%	47.04%	47.04%	47.04%	47.39%	47.39%	47.39%	47.39%
Foreign promoters	17.81%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	18.17%	17.81%	17.81%	17.81%	17.81%
	34.28%	33.92%	33.92%	33.92%	33.92%	33.92%	33.92%	33.92%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.96%	34.72%	34.72%	34.72%	34.72%	34.72%	34.72%	34.72%	34.72%	34.72%	34.79%	34.79%	34.79%	34.79%	34.79%	34.79%	34.79%	34.79%	34.79%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.43%	1.10%	1.13%	1.09%	1.02%	1.58%	1.27%	1.08%	1.18%	2.52%	1.34%	2.67%	2.85%	2.71%	2.83%	2.34%	1.91%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.43%	1.10%	1.07%	1.03%	0.96%	1.52%	1.08%	1.08%	1.18%	2.15%	1.32%	2.33%	2.61%	2.48%	2.56%	2.16%	1.78%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.06%	0.06%	0.06%	0.06%	0.19%	0.00%	Under 0.01%	0.37%	0.01%	0.34%	0.24%	0.23%	0.28%	0.18%	0.13%
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.08%	1.00%	1.00%	1.00%	1.00%	1.09%	1.00%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.10%	0.10%
Mutual funds	2.50%	4.54%	4.85%	4.49%	3.66%	3.66%	3.27%	3.20%	3.16%	2.50%	2.22%	2.10%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.91%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Insurance companies	5.42%	5.42%	5.42%	5.42%	5.42%	5.42%	5.42%	5.42%	5.42%	5.42%	5.42%	5.10%	4.38%	4.13%	4.13%	3.77%	2.94%	2.15%	1.20%	1.20%	0.85%	0.51%	0.51%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%	0.08%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Alternative investment funds	–	–	–	–	0.09%	0.14%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	0.01%	0.01%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.00%	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%	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%
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	32.21%	32.62%	32.59%	32.64%	32.70%	32.06%	32.45%	33.55%	33.52%	32.18%	33.37%	32.03%	31.85%	31.99%	31.87%	32.35%	32.79%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15.90%	15.85%	16.34%	16.73%	17.08%	17.96%	18.88%	20.04%	22.28%	21.68%	22.39%	21.70%	21.24%	20.92%	20.78%	20.61%	20.01%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.59%	7.15%	6.89%	6.70%	6.58%	5.22%	5.89%	6.70%	5.14%	4.71%	5.39%	4.90%	5.42%	6.05%	6.05%	6.32%	7.31%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.36%	5.89%	5.76%	5.61%	5.13%	4.81%	4.31%	3.91%	2.84%	2.59%	2.64%	2.58%	2.17%	2.20%	2.02%	2.45%	2.64%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.56%	0.42%	0.44%	0.44%	0.41%	0.57%	0.48%	0.83%	1.08%	0.89%	0.75%	0.69%	0.94%	0.87%	0.72%	0.71%	0.60%
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%	0.00%	–	–	–	–	–	–
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.28%	0.31%	0.31%	0.31%	0.31%	0.31%	0.31%	0.31%	0.31%	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%	0.41%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.53%	3.00%	2.84%	2.83%	3.19%	3.17%	2.59%	1.76%	1.86%	1.90%	1.79%	1.75%	1.67%	1.55%	1.90%	1.85%	1.82%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.10%	0.04%	0.01%	0.01%	0.02%	0.01%	0.01%	0.02%	0.01%	0.01%	0.01%	0.18%	0.07%	0.06%	0.06%	0.06%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.06%	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	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.22%	1.40%	1.25%	1.33%	1.30%	1.30%	1.46%	1.52%	1.61%	1.71%	1.66%	1.66%	1.34%	1.21%	1.29%	1.20%	1.30%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.08%	1.50%	1.55%	1.48%	1.87%	1.85%	1.11%	0.22%	0.24%	0.17%	0.11%	0.07%	0.15%	0.27%	0.55%	0.59%	0.45%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	4.37%	17.08%	21.56%	22.93%	22.93%	33.89%	22.93%	28.77%	20.82%	51.53%	51.53%	44.58%	29.96%	16.26%	16.20%	26.28%	51.77%	53.50%	49.14%	49.14%	49.14%	38.75%	46.76%	46.81%	18.10%	18.10%	18.10%	8.02%	21.51%	26.54%	27.64%	27.64%
Shares in issue	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006	4,20,58,006
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	50	50	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 Zuari Agro Chemicals 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	34,395	34,632	33,882	34,035	37,764	38,041	38,486	38,608	38,429	38,621	38,419	38,509	23,686	24,457	24,235	24,638	24,519	26,337	30,930	29,596	28,698	28,102	30,017	32,225	30,908	30,996	31,697	32,127	33,845	37,655	39,757	45,084	44,277	46,257	44,892	47,405	45,524	44,493	43,594	41,995
	15	17	17	17	17	17	17	17	16	16	16	16	16	16	16	16	16	16	16	16	16	14	14	14	14	14	14	14	14	14	14	13	13	13	13	13	13	13	13	13
Indian promoters	14	15	15	15	15	15	15	15	14	14	14	14	14	14	14	14	14	14	14	14	14	12	12	12	12	12	12	12	12	12	12	11	11	11	11	11	11	11	11	11
Foreign promoters	1	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
	34,380	34,615	33,865	34,018	37,747	38,024	38,469	38,591	38,413	38,605	38,403	38,493	23,670	24,441	24,219	24,622	24,503	26,321	30,914	29,580	28,682	28,088	30,003	32,211	30,894	30,982	31,683	32,113	33,831	37,641	39,743	45,071	44,264	46,244	44,879	47,392	45,511	44,480	43,581	41,982
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17	13	12	11	10	13	13	12	13	11	11	17	24	29	29	22	21
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16	13	11	10	9	12	11	12	12	9	9	14	20	24	25	19	17
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	1	1	1	2	0	1	2	2	3	4	5	4	3	4
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13	9	9	9	9	10	9	8	8	7	7	7	7	7	7	8	8
Mutual funds	5	6	6	5	4	3	2	2	2	2	2	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	–	–	–	–	–	–
Insurance companies	7	7	7	7	7	7	7	7	7	7	7	7	5	5	5	5	3	3	3	3	3	3	3	1	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9	6	6	6	6	6	6	6	6	5	5	5	5	5	5	5	5
Alternative investment funds	–	–	–	–	2	2	1	1	1	1	1	1	–	–	–	–	–	–	–	0	0	0	0	1	0	0	0	0	0	0	0	0	0	0	–	–	–	–	1	1
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	1	0	0	0	0	0	–	–	–	–	–	–
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Central government	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	32,180	30,871	30,960	31,662	32,093	33,807	37,618	39,722	45,049	44,245	46,225	44,854	47,360	45,474	44,443	43,550	41,952
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30,793	29,455	29,593	30,288	30,701	32,329	36,078	38,022	43,222	42,385	44,263	42,961	45,322	43,644	42,627	41,746	40,156
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	33	38	37	30	29	32	43	54	41	37	43	36	44	41	43	42	46
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	232	238	223	213	217	247	245	247	250	258	262	253	267	218	210	206	222
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	404	400	413	422	422	470	474	524	579	559	613	600	709	645	624	614	601
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	0	–	–	–	–	–	–
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	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	715	737	691	706	721	726	776	873	955	1,004	1,043	1,003	1,017	925	938	941	926
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	63	46	24	5	6	7	7	6	6	5	5	6	38	25	22	22	21
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	2	1	1	1	1	1	1	1	2	2	2	1	1	1	2	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	636	672	650	684	695	699	743	845	926	973	1,013	973	949	873	890	891	893
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12	17	16	16	18	19	25	21	22	24	23	22	29	26	25	26	11
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–

Zuari Agro Chemicals 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 Zuari Industries Limited (formerly Zuari Global Limited), 20.00%.Promoter buying and selling

Holder
Zuari Industries Limited (formerly Zuari Global Limited)Indian companies, trusts and others	20.00%	84,11,601	57.41%
Globalware Trading and Holdings LimitedForeign companies and others	17.81%	74,91,750	0.00%
Zuari Management Services LimitedIndian companies, trusts and others	12.08%	50,78,909	54.15%
Texmaco Infrastructure & Holdings LimitedIndian companies, trusts and others	7.13%	30,00,125	0.00%
Adventz Finance Private LimitedIndian companies, trusts and others	3.68%	15,45,842	0.00%
New Eros Tradecom LimitedIndian companies, trusts and others	2.85%	11,96,767	0.00%
Jyotsna PoddarIndividuals and Hindu undivided families	0.41%	1,71,621	0.00%
Saroj Kumar Poddar (as a Trustee of Saroj and Jyoti Poddar Holdings Private Trust)Individuals and Hindu undivided families	0.36%	1,50,000	0.00%
Jeewan Jyoti Medical SocietyIndian companies, trusts and others	0.33%	1,38,550	0.00%
Duke Commerce LimitedIndian companies, trusts and others	0.26%	1,11,000	0.00%
Adventz Securities Enterprises LimitedIndian companies, trusts and others	0.23%	98,804	0.00%
Saroj Kumar PoddarIndividuals and Hindu undivided families	0.07%	29,406	0.00%
Akshay PoddarNon-resident and foreign individuals	0.00%	585	0.00%

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

Largest public holders of Zuari Agro Chemicals, 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
Sushil Kumar JalaniResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.19%	1.19%	1.19%	1.19%
Sunil Kumar JainResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.01%	1.01%	–	–	–	–	–
Minal Bharat PatelResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	1.67%	1.72%	2.03%	2.20%	2.24%	2.38%	1.75%	1.63%	1.63%	1.60%	1.60%	1.60%	1.05%	2.61%	2.56%	1.76%	1.76%	–	–	–	–	–	–	–	–	–	–	–	–
Finquest Financial Solutions Pvt. Ltd.Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.81%	2.81%	2.02%	2.02%	2.02%	1.35%	–	–	–	–	–	–	–	–	–	–	–	–
Ruchit Bharat PatelResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	1.88%	2.30%	2.33%	2.33%	2.37%	2.63%	2.63%	2.63%	2.65%	2.65%	2.74%	1.77%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Hardik Bharat PatelResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	3.84%	4.14%	4.16%	4.74%	5.08%	5.08%	4.31%	4.31%	4.31%	4.32%	4.32%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
LIFE INSURANCE CORPORATION OF INDIAInsurance companies	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	3.21%	2.85%	2.85%	2.07%	1.11%	1.11%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Sil Investments LimitedOther non-institutions	7.63%	7.47%	7.13%	5.87%	3.30%	2.07%	1.87%	1.87%	1.87%	1.87%	1.87%	1.50%	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pilani Investment and Industries Corporation Ltd.Other non-institutions	–	–	–	–	–	–	–	–	–	1.03%	1.03%	1.03%	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
General Insurance Corporation of IndiaInsurance companies	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.35%	1.19%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Finquest Securities Pvt. LtdOther non-institutions	–	–	–	–	–	2.24%	4.27%	3.80%	4.14%	3.92%	4.48%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Hypnos Fund LimitedInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	1.14%	1.88%	1.88%	1.88%	1.77%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pilani Investment and ndustries Corporation Ltd.Other non-institutions	–	–	–	–	–	–	–	–	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Hypnos Funds LimitedInstitutions Foreign Portfolio Investor	–	–	–	–	–	1.14%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Finquest Securities Pvt. Ltd- Client Beneficiary A/COther non-institutions	–	–	–	1.42%	1.64%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Deutsche Securities Mauritius LimitedInstitutions Foreign Portfolio Investor	1.57%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.