

Annual Report 2016-17
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127
[iv.
Shareholding pattern as on March 31, 2017
Sr.
No
Category of Shareholders
No. of
Shareholders
No. of Equity
Shares
Nominal Value
of Equity Shares
(in
`
)
Percentage
holding
1.
Promoters
2
23,102,991
231,029,910
28.88
2.
Promoters Group
7
4,916,182
49,161,820
6.1452
3.
Institutions
a.
Mutual Funds
77
9,939,535
99,395,350
12.4244
b.
Financial Institutions / Banks
8
1,488,479
14,884,790
1.8606
c.
Foreign Institutional Investor
130
16,605,490
166,054,900
20.7569
4.
Foreign Company
1
366,862
3,668,620
0.4586
5.
Foreign National
4
9,967
99,670
0.0125
6.
Non – institutions
a.
Bodies Corporate
746
2,603,659
26,036,590
3.2546
b.
Individuals
51,953
15,860,613
158,606,130
19.8258
c.
Any other
i.
NRI
1,738
1,092,267
1,092,2670
1.3653
ii.
Trust
12
3,341,520
3,341,5200
4.1769
iii.
Directors / Relatives
5
122,000
1,220,000
0.1525
iv.
Clearing Members
178
267,758
2,677,580
0.3347
v.
Hindu Undivided Families
1,589
282,677
2,826,770
0.3533
Total
56,450
80,000,000 800,000,000
100
Joint folios of Promoters and members of Promoter Group are clubbed into 1 (one) folio
Major changes in the shareholding of the Promoter and Promoter Group:
During the Financial Year 2016-17, Mr. S. P. Deshpande, Promoter and former Director of the Company informed the
Company through a letter dated December 15, 2016 that he has formed ‘Rama-Purushottam Foundation’ (RPF),
a non-proot making company, under Section 8 of the Companies Act, 2013 to carry out philanthropic activities. The said
letter was shared with the Stock E[changes by the Company on December 15, 2016. Considering the Board composition
of RPF, it is considered as a part of the Promoter Group of the Company.
In terms of this letter, Mr. Deshpande gifted 39,99,999 shares of the Company (i.e. 4.99% of the paid-up share capital)
to RPF against NI/ consideration on December 21, 2016 as his contribution towards the corpus.
RPF has started selling these shares in the open market and the amount so received is being invested in the long term
securities. The philanthropic activities referred above will be performed out of the interest so earned from the above
mentioned securities.
In addition to the above transfer of shares to RPF, Mr. Deshpande has gifted a few shares aggregating to 9,66,000
shares (i.e. 1.21% of the paid-up share capital) to his close relatives against NI/ consideration on December 21, 2016 as
a part of his succession planning.
As on March 31, 2017, Mr. Deshpande holds 2,88,651 shares of the Company (i.e. 0.36% of the paid-up share capital)
jointly with his spouse. The detailed shareholding of the Promoter and Promoter Group forms part of Anne[ure D of the
Directors’ Report section forming part of this Annual Report.
[v.
Shareholders (other than Promoters) holding more than 1% of the share capital as on March 31, 2017
Sr.
No
Name of Shareholder
No. of Shares Percentage holding
1.
SAIF Advisors Mauritius /imited A/c SAIF India IV FII Holdings /imited
4,266,296
5.33
2.
PSP/ ESOP Management Trust*
3,243,708
4.05
3.
Shridhar Bhalchandra Shukla
1,600,000
2.00
4.
HDFC Trustee Company /td. – A/C HDFC Mid-Cap Opportunities Fund
1,480,000
1.85