Ester Industries shareholders and shareholding pattern

NSE: ESTERBSE: 500136Industrial ProductsSmall Cap

₹85.39₹3.42 (3.85%)BSE ₹85.65

Share price at the NSE close on 23 Oct 2026. Previous close ₹88.81.

52-week range of traded prices to 23 Oct 2026

₹68.55Low, 30 Mar 2026₹120.00High, 19 Nov 2025

Market cap: ₹891 Cr1,529th largest listed
P/E: Lossover the last 12 months
P/B: Shares changed
Dividend yield: 0.29%
ROE: −0.2%
ROE without one-offs: 0.0%
ROCE: 3.5%
Debt to equity: 0.93
Volume, NSE: 60,42348.1% delivered

Who owns Ester 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

Promoters62.31%
Foreign institutions0.12%
Indian institutions0.16%
GovernmentsNone
Individuals and others37.42%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Dec 2016Filed 10 Jan	Mar 2017Filed 12 Apr	Jun 2017Filed 7 Jul	Sep 2017Filed 17 Oct	Dec 2017Filed 17 Jan	Mar 2018Filed 20 Apr	Jun 2018Filed 12 Jul	Sep 2018Filed 8 Oct	Dec 2018Filed 23 Jan	Mar 2019Filed 4 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 9 Oct	Dec 2019Filed 6 Jan	Mar 2020Filed 11 May	Jun 2020Filed 14 Jul	Sep 2020Filed 12 Oct	Dec 2020Filed 12 Jan	Mar 2021Filed 8 Apr	Jun 2021Filed 21 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 10 Jan	Mar 2022Filed 12 Apr	Jun 2022Filed 20 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 20 Jan	Mar 2023Filed 13 Apr	Jun 2023Filed 7 Jul	Sep 2023Filed 10 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 11 Apr	Jun 2024Filed 15 Jul	Sep 2024Filed 15 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 12 Jan	Mar 2026Filed 10 Apr	Jun 2026Filed 9 Jul	Sep 2026Filed 9 Oct
	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	59.14%	61.45%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	64.04%	62.46%	62.46%	62.40%	62.40%	62.40%	62.73%	62.73%	62.71%	62.71%	62.32%	62.31%
Indian promoters	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.36%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	0.95%	6.46%	6.46%	6.45%	6.45%	6.45%	6.22%	6.22%	4.28%	4.28%	7.65%	7.63%
Foreign promoters	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	58.78%	60.50%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	63.09%	56.00%	56.00%	55.95%	55.95%	55.95%	56.51%	56.51%	58.43%	58.43%	54.67%	54.67%
	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	40.86%	38.55%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	35.96%	37.54%	37.54%	37.60%	37.60%	37.60%	37.27%	37.27%	37.29%	37.29%	37.68%	37.69%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.25%	0.32%	0.16%	0.04%	0.03%	0.04%	0.03%	0.10%	0.04%	0.08%	0.17%	0.03%	0.06%	0.05%	0.03%	0.12%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.05%	0.04%	0.11%	0.04%	0.04%	0.03%	0.04%	0.03%	0.10%	0.04%	0.07%	0.15%	0.03%	0.04%	0.05%	0.03%	0.08%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.21%	0.21%	0.21%	0.12%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	0.01%	0.02%	–	0.02%	–	–	0.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.01%	0.01%	0.44%	0.01%	0.01%	0.01%	0.05%	0.13%	0.17%	0.16%	0.16%
Mutual funds	0.03%	0.03%	0.03%	0.03%	0.02%	0.03%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	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%	0.01%	0.01%	0.01%
Insurance companies	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%	Under 0.01%	Under 0.01%	Under 0.01%	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%	–	–	–	–	–	–
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.43%	0.00%	0.00%	–	0.03%	0.12%	0.15%	0.14%	0.14%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	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%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	35.68%	35.69%	35.62%	35.78%	35.90%	35.91%	37.49%	37.50%	37.06%	37.55%	37.51%	37.09%	37.19%	37.09%	37.06%	37.49%	37.42%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	17.17%	17.76%	18.15%	18.38%	19.06%	18.92%	16.52%	14.90%	14.96%	15.14%	14.94%	14.64%	15.09%	15.06%	15.01%	14.33%	14.35%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.81%	3.61%	3.16%	3.07%	3.02%	3.28%	6.01%	6.40%	6.55%	6.61%	6.98%	7.12%	6.79%	6.93%	6.98%	7.94%	7.81%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.25%	2.16%	1.94%	2.12%	1.68%	1.55%	4.30%	5.04%	4.74%	5.08%	5.06%	4.32%	4.32%	4.24%	4.29%	3.86%	3.91%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.10%	1.15%	1.19%	1.23%	1.17%	1.19%	0.92%	0.88%	0.76%	0.66%	0.66%	0.73%	0.71%	0.58%	0.51%	0.48%	0.47%
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.70%	9.70%	9.70%	9.70%	9.70%	9.70%	8.61%	8.61%	8.60%	8.60%	8.60%	8.29%	8.29%	8.29%	8.29%	7.75%	7.75%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.11%	1.11%	1.10%	1.10%	1.10%	1.06%	1.06%	1.06%	1.06%	0.98%	0.98%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	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%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	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%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.40%	0.06%	0.23%	0.03%	0.03%	0.03%	0.03%	0.55%	0.35%	0.36%	0.17%	0.93%	0.93%	0.93%	0.93%	2.15%	2.15%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.02%	0.02%	0.01%	0.02%	0.02%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	–	0.91%	0.91%	0.91%	0.91%	2.13%	2.13%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.14%	10.14%	10.14%	10.14%	10.14%	10.14%	10.14%	10.14%	10.14%	9.76%	9.36%	9.36%	9.36%	9.36%	9.36%	9.36%	9.36%	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%	0.00%	0.00%
Shares in issue	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	8,33,93,759	9,39,54,009	9,39,54,009	9,40,41,889	9,40,41,889	9,40,41,889	9,75,86,191	9,75,86,191	9,75,86,191	9,75,86,191	10,42,95,042	10,42,95,042
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	500	500	–	–	–	–	0	0	0	0	0	0	0	0	0	0	1,05,60,400	1,05,60,400	1,38,57,400	1,38,57,400	85,71,990	88,19,142	88,19,142	35,44,302	25,31,645	92,40,496	92,40,496
Promoters' shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	52,74,990	52,74,990	85,71,990	85,71,990	85,71,990	78,06,485	78,06,485	25,31,645	25,31,645	63,29,113	63,29,113

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 Ester Industries shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 10 Jan	Mar 2017Filed 12 Apr	Jun 2017Filed 7 Jul	Sep 2017Filed 17 Oct	Dec 2017Filed 17 Jan	Mar 2018Filed 20 Apr	Jun 2018Filed 12 Jul	Sep 2018Filed 8 Oct	Dec 2018Filed 23 Jan	Mar 2019Filed 4 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 9 Oct	Dec 2019Filed 6 Jan	Mar 2020Filed 11 May	Jun 2020Filed 14 Jul	Sep 2020Filed 12 Oct	Dec 2020Filed 12 Jan	Mar 2021Filed 8 Apr	Jun 2021Filed 21 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 10 Jan	Mar 2022Filed 12 Apr	Jun 2022Filed 20 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 20 Jan	Mar 2023Filed 13 Apr	Jun 2023Filed 7 Jul	Sep 2023Filed 10 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 11 Apr	Jun 2024Filed 15 Jul	Sep 2024Filed 15 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 12 Jan	Mar 2026Filed 10 Apr	Jun 2026Filed 9 Jul	Sep 2026Filed 9 Oct
All shareholders	23,612	24,825	24,992	24,917	20,243	20,147	20,564	21,653	21,262	21,005	21,106	21,140	20,865	20,589	20,859	22,328	28,999	31,302	33,977	36,414	34,147	39,477	38,565	36,674	39,661	40,802	40,445	41,564	41,447	41,428	37,803	38,291	38,640	37,772	37,681	38,337	37,694	36,924	37,110	36,857
	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	7	7	7	7	7	7	7	7	7	7	7	7	7	7	8	8	8	8	8	8	8	8	7	8	8
Indian promoters	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	5	5	5	5	5	5	5	5	5	5	5	5	5	5	6	6	6	6	6	6	6	6	5	6	6
Foreign promoters	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	2
	23,606	24,819	24,986	24,911	20,237	20,141	20,558	21,647	21,256	20,999	21,100	21,134	20,859	20,583	20,853	22,321	28,992	31,295	33,970	36,407	34,140	39,470	38,558	36,667	39,654	40,795	40,438	41,557	41,440	41,420	37,795	38,283	38,632	37,764	37,673	38,329	37,686	36,917	37,102	36,849
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	5	4	4	3	2	3	5	7	7	10	8	4	6	6	6	7
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	4	3	3	3	2	3	5	6	6	8	6	4	5	6	6	5
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	0	0	0	0	1	1	2	2	–	1	–	–	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	6	6	6	6	6	6	6	7	6	6	6	7	6	6	6	6
Mutual funds	5	5	5	5	3	4	4	4	3	3	3	3	3	3	3	3	3	3	3	3	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Insurance companies	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0	–	1	1	1	1	1
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	3	3	3	3	3	3	3	3	3	3	3	3	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	1	1	1	1
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	36,655	39,643	40,785	40,428	41,548	41,432	41,411	37,784	38,269	38,619	37,748	37,659	38,318	37,673	36,904	37,089	36,835
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	35,903	38,912	40,052	39,742	40,906	40,796	40,724	37,107	37,551	37,889	37,045	36,961	37,601	36,958	36,186	36,366	36,097
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30	28	25	24	23	24	25	26	35	32	32	36	33	33	36	38	35
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	164	164	163	155	156	152	152	160	184	205	184	182	187	182	185	185	191
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	485	505	510	486	444	441	490	469	477	468	469	459	474	478	476	479	490
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
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	0	0	0	0	0	0	0	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	0	0	1	1	1	1	1	1	1	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	69	30	32	18	16	16	17	19	19	22	15	18	20	19	18	18	19
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12	14	13	12	12	13
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	–	6	6	6	6	6	6
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–

Ester 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 WILEMINA FINANCE CORP., 47.29%. The filing names 23 more members with no shares.Promoter buying and selling

Holder
WILEMINA FINANCE CORP.Foreign companies and others	47.29%	4,93,18,012	0.00%
MOVI LTDForeign companies and others	7.39%	77,04,645	32.86%
Arvind SinghaniaIndividuals and Hindu undivided families	3.64%	37,97,468	100.00%
MODI RUBBER LTDIndian companies, trusts and others	2.50%	26,12,019	0.00%
Ayush Vardhan SinghaniaIndividuals and Hindu undivided families	0.90%	9,34,318	0.00%
FENTON INVESTMENTS PVT LTDIndian companies, trusts and others	0.47%	4,90,000	0.00%
Jai Vardhan SinghaniaIndividuals and Hindu undivided families	0.12%	1,24,858	0.00%
Uma Devi SinghaniaIndividuals and Hindu undivided families	0.00%	175	0.00%

No promoter shares are reported as pledged. Locked in is the share of the holder's own shares that cannot be sold yet, as after a listing or an allotment.

Largest public holders of Ester Industries, filing by filing

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

Holder	Dec 2016Filed 10 Jan	Mar 2017Filed 12 Apr	Jun 2017Filed 7 Jul	Sep 2017Filed 17 Oct	Dec 2017Filed 17 Jan	Mar 2018Filed 20 Apr	Jun 2018Filed 12 Jul	Sep 2018Filed 8 Oct	Dec 2018Filed 23 Jan	Mar 2019Filed 4 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 9 Oct	Dec 2019Filed 6 Jan	Mar 2020Filed 11 May	Jun 2020Filed 14 Jul	Sep 2020Filed 12 Oct	Dec 2020Filed 12 Jan	Mar 2021Filed 8 Apr	Jun 2021Filed 21 Jul	Sep 2021Filed 13 Oct	Dec 2021Filed 10 Jan	Mar 2022Filed 12 Apr	Jun 2022Filed 20 Jul	Sep 2022Filed 20 Oct	Dec 2022Filed 20 Jan	Mar 2023Filed 13 Apr	Jun 2023Filed 7 Jul	Sep 2023Filed 10 Oct	Dec 2023Filed 10 Jan	Mar 2024Filed 11 Apr	Jun 2024Filed 15 Jul	Sep 2024Filed 15 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 17 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 12 Jan	Mar 2026Filed 10 Apr	Jun 2026Filed 9 Jul	Sep 2026Filed 9 Oct
VETTEL INTERNATIONAL LTDForeign companies	13.97%	15.53%	16.30%	16.01%	–	–	15.44%	15.44%	15.44%	15.44%	15.44%	15.44%	15.44%	15.44%	15.44%	13.13%	10.54%	10.54%	10.54%	9.70%	9.70%	9.70%	9.70%	9.70%	9.70%	9.70%	9.70%	9.70%	9.70%	8.61%	8.61%	8.60%	8.60%	8.60%	8.29%	8.29%	8.29%	8.29%	7.75%	7.75%
RJ CORP LIMITEDCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.81%	2.81%	2.81%	2.81%	2.81%	2.71%	2.71%	2.71%	2.71%	2.53%	2.53%
Kamalesh Jayant ShahResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.81%	2.81%	2.81%	2.81%	2.81%	2.71%	2.71%	2.71%	2.71%	2.12%	2.12%
KRISHANG VAIBHAV SHAHResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.52%	1.52%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.25%	1.25%	1.25%	1.25%	1.25%	1.25%	1.11%	1.11%	1.10%	1.10%	1.10%	1.06%	1.06%	1.06%	1.06%	–	–
Soyuz Trading Company LimitedOther non-institutions	–	–	–	–	–	–	–	–	–	1.06%	1.22%	1.23%	1.23%	1.20%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Ashish KacholiaResident individuals, over ₹2 lakh at face value	1.80%	1.80%	1.80%	1.68%	1.20%	1.47%	1.59%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Vettle International LimitedOther non-institutions	–	–	–	–	15.44%	15.44%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Arch Finance LimitedOther non-institutions	–	–	–	–	1.39%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Globe Capital Market LimitedOther non-institutions	6.00%	2.81%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.