Pursuant to Regulation 40(9) of the Regulations, certificates on a yearly basis were issued by the Company Secretary in practice for due compliance with share transfer formalities by the Company. Pursuant to the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, certificates were also received from the Company Secretary in practice for timely dematerialisation of the shares and for conducting the Secretarial Audit every quarter for reconciliation of the share capital of the Company. All the certificates were filed with the stock exchanges where the shares of the Company are listed. 8.14 Distribution of shareholding as on March 31, 2025 8.14.1. Shareholding-wise: Holding Shareholders Shares Numbers % of total Numbers % of total 1 - 10 33,743 54.88 1,36,236 0.46 11 - 50 17,408 28.31 4,38,509 1.49 51 - 100 4,377 7.12 3,45,153 1.17 101 - 500 4,467 7.27 10,14,130 3.44 501 - 1,000 722 1.17 5,23,400 1.78 1,001 - 2,000 312 0.51 4,48,007 1.52 2,001 - 3,000 121 0.20 3,00,861 1.02 3,001 - 4,000 57 0.09 2,03,607 0.69 4,001 - 5,000 43 0.07 1,98,185 0.67 5,001 - 10,000 94 0.15 6,70,807 2.28 10,001 and above 142 0.23 2,51,62,860 85.48 Total 61,486 100 2,94,41,755 100 8.14.2. Category-wise: Category Shares % of total shares Promoter group 1,33,00,918 45.18 Indian public 55,05,240 18.70 Mutual funds 40,66,345 13.81 Foreign institutional investors 28,83,476 9.80 Insurance companies 28,73,682 9.76 Bodies corporate 6,18,015 2.10 Non-resident Indians | other body corporates 1,78,121 0.60 Banks 15,622 0.05 State government 336 0.00 Total 2,94,41,755 100 8.15 Dematerialisation of shares and liquidity The paid-up share capital of the Company is held by the members as at March 31, 2025, as follows: 99.21% in electronic form and 0.79% in the physical form. 8.16 Outstanding American Depository Receipts | Global Depository Receipts | warrants or any convertible instruments, conversion date and their likely impact on equity The paid-up share capital of the Company comprises equity shares. It does not have any preference shares, outstanding American Depository Receipts, Global Depository Receipts, warrants or any convertible instruments. 8.17 Equity shares held by the Non-executive Directors No. Name Shares 1. Pradeep Banerjee 15 2. Rangaswamy Iyer Nil 3. Sharadchandra Abhyankar Nil 4. Sujal Shah Nil 5. Praveen Kadle Nil 6. Padmaja Chunduru Nil 90 90 Integrated Annual Report 2024-25
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