Aadi Industries shareholders and shareholding pattern

BSE: 530027Chemicals & PetrochemicalsSmall Cap

₹10.11₹0.53 (4.98%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹10.64.

52-week range of traded prices to 23 Oct 2026

₹4.56Low, 21 Nov 2025₹13.43High, 6 Jan 2026

Under BSE's graded surveillance, stage 0, and long-term additional surveillance, stage I, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.

Market cap: ₹10 Cr4,702nd largest listed
P/E: Lossover the last 12 months
P/B: Net worth zero or below
Dividend yield: Nonein the last 12 months
ROE: Net worth zero or below
ROCE: −8.0%
Debt to equity: Net worth zero or below
Volume, BSE: 1,124

Who owns Aadi Industries, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters24.86%
Indian institutions0.22%
Individuals and others74.92%

Shareholding pattern, per cent, from Sep 2022

Promoters
Indian institutions
Individuals and others

Per cent	Dec 2016Filed 3 Feb	Mar 2017Filed 11 Apr	Jun 2017Filed 11 Jul	Sep 2017Filed 21 Oct	Dec 2017Filed 22 Jan	Mar 2018Filed 21 Apr	Jun 2018Filed 20 Jul	Sep 2018Filed 13 Oct	Dec 2018Filed 17 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 16 Jul	Sep 2019Filed 17 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 11 May	Jun 2020Filed 19 Aug	Sep 2020Filed 4 Feb	Dec 2020Filed 13 Jan	Mar 2021Filed 14 Apr	Jun 2021Filed 14 Jul	Sep 2021Filed 20 Oct	Dec 2021Filed 5 Feb	Mar 2022Filed 12 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 12 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 31 Jul	Sep 2023Filed 14 Oct	Dec 2023Filed 12 Jan	Mar 2024Filed 15 Apr	Jun 2024Filed 11 Jul	Sep 2024Filed 17 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 29 Jul	Sep 2025Filed 16 Jan	Dec 2025Filed 19 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 29 Jul	Sep 2026Filed 21 Oct
	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.89%	24.86%	24.86%	24.86%	24.86%
Indian promoters	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.86%	24.89%	24.86%	24.86%	24.86%	24.86%
	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.14%	75.11%	75.14%	75.14%	75.14%	75.14%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.26%	0.26%	0.24%	0.24%	0.24%	0.24%	0.24%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.26%	0.26%	0.24%	0.24%	0.24%	0.24%	0.24%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%	0.22%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	74.88%	74.88%	74.88%	74.90%	74.90%	74.90%	74.90%	74.90%	74.92%	74.92%	74.92%	74.92%	74.89%	74.92%	74.92%	74.92%	74.92%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	35.80%	35.60%	35.80%	36.11%	37.22%	35.46%	33.33%	33.29%	32.44%	32.39%	32.40%	32.20%	32.36%	31.97%	30.17%	29.85%	29.85%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	34.13%	34.44%	34.05%	34.06%	32.94%	34.68%	36.71%	37.09%	37.91%	37.75%	37.75%	37.75%	37.74%	37.95%	39.22%	39.17%	39.17%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.03%	1.03%	1.03%	1.03%	0.95%	0.95%	1.17%	0.95%	0.91%	0.91%	0.91%	0.91%	0.65%	0.65%	0.65%	0.65%	0.65%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.11%	0.11%	0.11%	0.11%	0.12%	0.12%	0.12%	0.09%	0.09%	0.08%	0.08%	0.08%	–	0.08%	0.09%	0.09%	0.09%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.82%	3.71%	3.89%	3.60%	3.68%	3.69%	3.56%	3.47%	3.56%	3.78%	3.77%	3.97%	4.15%	4.27%	4.80%	5.17%	5.17%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.01%	0.04%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.27%	0.27%	0.27%	0.01%	0.01%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.78%	3.70%	3.86%	3.59%	3.60%	3.61%	3.49%	3.40%	3.48%	3.70%	3.69%	3.74%	3.65%	3.73%	4.25%	3.98%	3.98%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.12%	0.12%	1.02%	1.02%
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%
Shares in issue	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000	99,91,577	1,00,00,000	1,00,00,000	1,00,00,000	1,00,00,000

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. A dash is a line the filing did not state.

Number of Aadi Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 3 Feb	Mar 2017Filed 11 Apr	Jun 2017Filed 11 Jul	Sep 2017Filed 21 Oct	Dec 2017Filed 22 Jan	Mar 2018Filed 21 Apr	Jun 2018Filed 20 Jul	Sep 2018Filed 13 Oct	Dec 2018Filed 17 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 16 Jul	Sep 2019Filed 17 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 11 May	Jun 2020Filed 19 Aug	Sep 2020Filed 4 Feb	Dec 2020Filed 13 Jan	Mar 2021Filed 14 Apr	Jun 2021Filed 14 Jul	Sep 2021Filed 20 Oct	Dec 2021Filed 5 Feb	Mar 2022Filed 12 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 12 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 31 Jul	Sep 2023Filed 14 Oct	Dec 2023Filed 12 Jan	Mar 2024Filed 15 Apr	Jun 2024Filed 11 Jul	Sep 2024Filed 17 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 29 Jul	Sep 2025Filed 16 Jan	Dec 2025Filed 19 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 29 Jul	Sep 2026Filed 21 Oct
All shareholders	2,320	2,317	2,323	2,324	2,324	2,325	2,329	2,328	2,331	2,332	2,332	2,338	2,336	2,336	2,335	2,335	2,335	2,334	2,334	2,324	2,325	3,986	4,265	4,413	4,528	4,655	4,663	4,829	4,911	5,126	5,220	5,347	5,448	5,549	5,554	5,575	5,466	5,372	5,323	5,323
	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Indian promoters	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	2,319	2,316	2,322	2,323	2,323	2,324	2,328	2,327	2,330	2,331	2,331	2,337	2,335	2,335	2,334	2,334	2,334	2,333	2,333	2,323	2,324	3,985	4,264	4,412	4,527	4,654	4,662	4,828	4,910	5,125	5,219	5,346	5,447	5,548	5,553	5,574	5,465	5,371	5,322	5,322
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	3	3	3	3	3	2	2	2	2	2	2	2	2	2
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	3	3	3	3	3	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4,408	4,523	4,650	4,659	4,825	4,907	5,122	5,216	5,344	5,445	5,546	5,551	5,572	5,463	5,369	5,320	5,320
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4,268	4,384	4,507	4,522	4,686	4,764	4,976	5,076	5,200	5,302	5,405	5,409	5,443	5,317	5,214	5,165	5,165
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	53	53	51	52	49	53	58	57	59	58	58	58	58	60	64	65	65
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24	24	24	23	21	21	22	20	19	19	19	19	17	17	17	17	17
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11	11	11	11	14	15	15	13	14	13	12	12	–	13	15	15	15
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	52	51	57	51	55	54	51	50	52	53	52	53	54	56	59	58	58
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	3	1	1	1	1	1	1	1	1	1	3	3	3	2	2
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	50	49	54	50	53	52	49	48	49	50	49	49	48	49	52	52	52
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	2	2	2	2	2	3	3	3	3
Unclaimed or Suspense or Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1

Aadi Industries 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 Rushabh Jitendra Shah, 24.86%.

Holder
Rushabh Jitendra ShahIndividuals and Hindu undivided families	24.86%	24,86,429

No promoter shares are reported as pledged.

Largest public holders of Aadi Industries, filing by filing

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

Holder	Dec 2016Filed 3 Feb	Mar 2017Filed 11 Apr	Jun 2017Filed 11 Jul	Sep 2017Filed 21 Oct	Dec 2017Filed 22 Jan	Mar 2018Filed 21 Apr	Jun 2018Filed 20 Jul	Sep 2018Filed 13 Oct	Dec 2018Filed 17 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 16 Jul	Sep 2019Filed 17 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 11 May	Jun 2020Filed 19 Aug	Sep 2020Filed 4 Feb	Dec 2020Filed 13 Jan	Mar 2021Filed 14 Apr	Jun 2021Filed 14 Jul	Sep 2021Filed 20 Oct	Dec 2021Filed 5 Feb	Mar 2022Filed 12 Apr	Jun 2022Filed 13 Jul	Sep 2022Filed 17 Oct	Dec 2022Filed 12 Jan	Mar 2023Filed 11 Apr	Jun 2023Filed 31 Jul	Sep 2023Filed 14 Oct	Dec 2023Filed 12 Jan	Mar 2024Filed 15 Apr	Jun 2024Filed 11 Jul	Sep 2024Filed 17 Oct	Dec 2024Filed 10 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 29 Jul	Sep 2025Filed 16 Jan	Dec 2025Filed 19 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 29 Jul	Sep 2026Filed 21 Oct
Manisha Minesh ShahResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	–	3.88%	3.88%	3.88%	3.88%
Shefali Vipul DoshiResident individuals, over ₹2 lakh at face value	2.51%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.78%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	2.73%	–	2.60%	2.60%	2.60%	2.60%
Rashmi Ashok ShahResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	–	1.87%	1.87%	1.87%	1.87%
Poonam Chandrabhan ChoudharyResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.83%	1.83%	1.83%
Ashok Shantilal ShahResident individuals, over ₹2 lakh at face value	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	1.52%	–	1.52%	1.52%	1.52%	1.52%
Apurva Ashwin DesaiResident individuals, over ₹2 lakh at face value	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	1.12%	–	1.15%	1.15%	1.15%	1.15%
Jagruti Milan BidResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%	1.03%
DEEPAK SURESHCHANDRA SANGHAVIResident individuals, over ₹2 lakh at face value	1.00%	1.00%	1.00%	–	–	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	–	1.00%	1.00%	1.00%	–	–	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	1.00%	–	–
HARDIK DILIP PAREKHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.19%	–	–	–
PREETI KHURANAResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.00%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	1.05%	–	–	–
JAMSUTKAR KISHORE SURESHResident individuals, over ₹2 lakh at face value	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	1.48%	–	–	–	–	–
AAYUSH KETAN PAREKHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.17%	1.17%	1.17%	1.17%	1.17%	1.17%	1.17%	–	–	–	–	–
USHMA AAKASH PAREKHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.06%	1.06%	1.06%	1.06%	–	–	–	–	–
SEEMA YOGESH KAPDIResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.35%	1.35%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Priti Manoj RuparelResident individuals, over ₹2 lakh at face value	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	1.59%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Somesh H MulaniResident individuals, over ₹2 lakh at face value	1.01%	1.01%	1.01%	1.01%	1.01%	–	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	1.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
PRAFULL P MARCHANDEResident individuals, over ₹2 lakh at face value	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	1.87%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
MINESH SHAHResident individuals, over ₹2 lakh at face value	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	3.88%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
SOMESH MULANIResident individuals, over ₹2 lakh at face value	–	–	–	–	–	1.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
DEEPAK SURESHCHANDRA SANGResident individuals, over ₹2 lakh at face value	–	–	–	1.00%	1.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.