Saurashtra Cement shareholders and shareholding pattern

NSE: SAURASHCEMBSE: 502175Cement & Cement ProductsSmall Cap

Formerly Saurashtra Cement & Chemical Industries

₹45.31₹1.48 (3.16%)BSE ₹45.26

Share price at the NSE close on 23 Oct 2026. Previous close ₹46.79.

52-week range of traded prices to 23 Oct 2026

₹45.00Low, 23 Oct 2026₹105.70High, 28 Oct 2025

Next results date: the board meets on 4 Nov 2026 to consider: financial results.

Market cap: ₹504 Cr1,673rd largest listed
P/E: 75.4
P/E without one-offs: 30.0
P/B: 0.5
Dividend yield: Nonein the last 12 months
ROE: 0.7%
ROE without one-offs: 1.8%
ROCE: −0.6%
Debt to equity: 0.11
Volume, NSE: 64,05163.7% delivered

Who owns Saurashtra Cement, 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

Promoters66.62%
Foreign institutions0.01%
Indian institutions0.12%
GovernmentsNone
Individuals and others33.25%

Shareholding pattern, per cent, from Dec 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Dec 2016Filed 12 Jan	Mar 2017Filed 21 Apr	Jun 2017Filed 13 Jul	Sep 2017Filed 11 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 4 May	Jun 2018Filed 13 Jul	Sep 2018Filed 10 Oct	Dec 2018Filed 23 Jan	Mar 2019Filed 16 Apr	Jun 2019Filed 20 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 31 Jan	Mar 2020Filed 28 Apr	Jun 2020Filed 20 Jul	Sep 2020Filed 13 Oct	Dec 2020Filed 29 Jan	Mar 2021Filed 4 May	Jun 2021Filed 17 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 19 Jan	Mar 2022Filed 15 Apr	Jun 2022Filed 13 Jul	Dec 2022Filed 19 Jan	Mar 2023Filed 22 May	Jun 2023Filed 21 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 9 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 20 Oct	Dec 2025Filed 16 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 19 Oct
	64.63%	73.83%	73.83%	73.83%	73.83%	73.83%	73.83%	73.83%	73.83%	73.68%	73.65%	73.52%	73.52%	73.48%	73.43%	73.36%	73.16%	73.16%	73.09%	72.93%	72.73%	72.65%	72.51%	72.49%	72.46%	67.17%	67.14%	67.09%	66.95%	66.88%	66.83%	66.77%	66.70%	66.70%	66.70%	66.70%	66.62%	66.62%	66.62%
Indian promoters	28.59%	47.16%	47.16%	47.16%	46.44%	46.44%	46.44%	46.44%	46.44%	46.34%	46.33%	46.24%	46.24%	46.22%	46.19%	46.14%	46.02%	46.02%	45.97%	41.56%	41.45%	41.41%	41.28%	41.27%	41.25%	33.08%	33.06%	33.01%	32.94%	32.87%	32.83%	32.80%	32.77%	32.76%	32.76%	32.76%	32.70%	32.70%	32.70%
Foreign promoters	36.05%	26.67%	26.67%	26.67%	27.39%	27.39%	27.39%	27.39%	27.39%	27.33%	27.32%	27.28%	27.28%	27.26%	27.24%	27.22%	27.15%	27.15%	27.12%	31.36%	31.28%	31.24%	31.24%	31.23%	31.21%	34.09%	34.08%	34.08%	34.01%	34.01%	34.00%	33.97%	33.94%	33.93%	33.93%	33.93%	33.92%	33.92%	33.92%
	35.37%	26.17%	26.17%	26.17%	26.17%	26.17%	26.17%	26.17%	26.17%	26.32%	26.35%	26.48%	26.48%	26.52%	26.57%	26.64%	26.84%	26.84%	26.91%	27.07%	27.27%	27.35%	27.49%	27.51%	27.54%	32.83%	32.86%	32.91%	33.05%	33.12%	33.17%	33.23%	33.30%	33.30%	33.30%	33.30%	33.38%	33.38%	33.38%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.03%	0.01%	0.04%	0.02%	0.04%	0.20%	0.16%	0.08%	0.01%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.01%	0.03%	0.01%	0.04%	0.01%	0.04%	0.12%	0.16%	0.08%	–
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	0.08%	–	0.00%	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%
Foreign Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	Under 0.01%	–	Under 0.01%	–	–	–
The hongkong and shanghai banking corp ltd	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–	Under 0.01%	–
Foreign Bank - The Hongkong And Shanghai Banking Corp.Ltd.	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–
The Hongkong & Shanghai Banking Copr	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–
The Hongkong and Shanghai Banking Limietd	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–
The hongkong and shanghai banking corporation	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	–
Foreign institutional investor	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.31%	0.20%	0.13%	0.28%	0.37%	0.37%	0.37%	0.37%	0.37%	0.37%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%
Mutual funds	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%	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%
Insurance companies	0.37%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.28%	0.34%	0.34%	0.34%	0.20%	0.20%	0.20%	0.19%	0.19%	0.19%	0.19%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%	0.12%
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%
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.26%	0.26%	0.11%	–	–	0.15%	0.25%	0.25%	0.25%	0.24%	0.24%	0.24%	–	–	–	–	–	–
Venture capital funds	–	–	–	–	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	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%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	27.20%	27.34%	32.70%	32.58%	32.54%	32.68%	32.73%	32.77%	32.84%	32.88%	33.16%	33.15%	32.98%	33.10%	33.17%	33.25%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8.18%	8.18%	14.01%	13.74%	13.49%	13.74%	13.58%	13.47%	13.26%	13.21%	13.45%	12.54%	12.68%	12.89%	13.64%	13.80%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7.97%	8.08%	7.92%	8.17%	9.14%	9.79%	9.96%	10.44%	10.55%	10.56%	10.72%	10.72%	10.69%	10.45%	10.80%	10.12%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.87%	4.87%	4.44%	4.53%	4.35%	3.41%	3.23%	3.39%	3.44%	3.42%	3.23%	3.67%	3.49%	3.53%	3.10%	2.99%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.27%	0.26%	0.51%	0.42%	0.39%	0.38%	0.39%	0.42%	0.46%	0.44%	0.39%	0.91%	0.90%	0.79%	0.56%	0.49%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.48%	0.48%	0.62%	0.62%	0.62%	0.62%	0.63%	0.63%	0.63%	0.65%	0.65%	0.65%	0.65%	0.64%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.27%	–	–	0.00%	0.09%	0.09%	0.06%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%	0.09%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.45%	–	–	0.00%	0.40%	0.01%	0.06%	0.06%	0.06%	0.05%	0.05%	0.05%	0.05%	0.05%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.91%	5.94%	4.63%	5.24%	4.56%	4.74%	4.46%	4.34%	4.37%	4.46%	4.58%	4.51%	4.43%	4.65%	4.28%	5.06%
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	22.49%	2.22%	2.22%	2.21%	2.21%	2.21%	2.21%	2.21%	2.21%	2.21%	2.21%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.53%	1.55%	1.59%	1.53%	1.54%	1.66%	1.53%	1.42%	1.45%	1.51%	1.58%	1.49%	1.44%	1.57%	1.64%	1.78%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.07%	0.06%	0.06%	0.06%	0.07%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	–	–	–	–	–	–	–	–	–	–	0.07%	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–	–	–	–	–	Under 0.01%
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.84%	0.86%	0.76%	1.45%	0.78%	0.78%	0.63%	0.61%	0.63%	0.65%	0.69%	0.67%	0.66%	0.68%	–	0.68%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.04%	0.04%	0.02%	0.08%	0.09%	0.09%	0.08%	0.09%	0.10%	–	0.07%	0.13%	0.15%	0.11%
Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing member	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–	–	–	–	–
Unclaimed escrow account & suspense	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.22%	–
Market Maker	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.22%
Promoter shares pledgedShare of the promoters' own shares	99.01%	64.13%	64.13%	64.13%	37.83%	39.20%	40.64%	41.33%	42.70%	37.83%	37.83%	37.84%	37.84%	37.84%	37.84%	37.84%	37.84%	37.84%	37.84%	19.58%	19.58%	19.58%	19.62%	19.61%	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	5,11,91,065	6,91,91,065	6,91,91,065	6,91,91,065	6,91,91,065	6,91,91,065	6,91,91,065	6,91,91,065	6,91,91,065	6,93,37,314	6,93,59,705	6,94,80,288	6,94,80,288	6,95,18,449	6,95,67,984	6,96,35,755	6,98,18,375	6,98,18,375	6,98,89,936	7,00,47,733	7,02,31,593	7,03,13,788	7,03,32,149	7,03,49,149	7,03,78,169	11,07,29,543	11,07,69,512	11,07,69,512	11,09,82,543	11,09,82,543	11,10,29,485	11,11,24,149	11,12,36,954	11,12,53,157	11,12,53,157	11,12,53,157	11,12,87,280	11,12,87,280	11,12,87,280
Shares locked in	1,74,244	1,81,74,244	1,81,74,244	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	1,74,244	1,81,74,244	1,81,74,244	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	1,80,00,000	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	–	–	–	–	–	–

Filings before Dec 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 Saurashtra Cement shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 12 Jan	Mar 2017Filed 21 Apr	Jun 2017Filed 13 Jul	Sep 2017Filed 11 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 4 May	Jun 2018Filed 13 Jul	Sep 2018Filed 10 Oct	Dec 2018Filed 23 Jan	Mar 2019Filed 16 Apr	Jun 2019Filed 20 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 31 Jan	Mar 2020Filed 28 Apr	Jun 2020Filed 20 Jul	Sep 2020Filed 13 Oct	Dec 2020Filed 29 Jan	Mar 2021Filed 4 May	Jun 2021Filed 17 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 19 Jan	Mar 2022Filed 15 Apr	Jun 2022Filed 13 Jul	Dec 2022Filed 19 Jan	Mar 2023Filed 22 May	Jun 2023Filed 21 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 9 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 20 Oct	Dec 2025Filed 16 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 19 Oct
All shareholders	11,409	11,470	11,320	11,463	12,593	12,535	12,455	12,531	12,447	12,188	11,907	11,846	11,684	11,751	12,010	11,976	11,755	12,328	15,570	16,436	16,902	16,533	16,435	15,665	15,378	61,568	59,010	53,979	52,990	55,301	53,975	53,315	52,960	52,552	50,661	49,854	49,335	49,179	49,339
	24	30	30	30	30	30	30	30	29	29	29	29	29	29	29	29	29	28	28	28	28	27	24	24	24	26	26	25	24	24	24	24	24	25	25	24	24	24	24
Indian promoters	19	25	25	25	25	25	25	25	24	24	24	24	24	24	24	24	24	25	25	25	25	24	21	21	21	22	22	21	20	20	20	20	20	21	21	20	20	20	20
Foreign promoters	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	3	3	3	3	3	3	3	3	4	4	4	4	4	4	4	4	4	4	4	4	4	4
	11,385	11,440	11,290	11,433	12,563	12,505	12,425	12,501	12,418	12,159	11,878	11,817	11,655	11,722	11,981	11,947	11,726	12,300	15,542	16,408	16,874	16,506	16,411	15,641	15,354	61,542	58,984	53,954	52,966	55,277	53,951	53,291	52,936	52,527	50,636	49,830	49,311	49,155	49,315
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	5	5	3	4	5	4	7	7	6	7	8	7	4	2
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	2	1	4	4	3	4	4	5	2	–
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	1	1	1	1	2	–	0	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	5	5	3	3	3	2	2	2	2	2	2	2	2	1
Foreign Institutional Investors	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	2	–	–	–	–	–	1	–	1	–	–	–
The hongkong and shanghai banking corp ltd	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	–	–	–	–	–	–	–	–	–	1	–
Foreign Bank - The Hongkong And Shanghai Banking Corp.Ltd.	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–
The Hongkong & Shanghai Banking Copr	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–
The Hongkong and Shanghai Banking Limietd	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–
The hongkong and shanghai banking corporation	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	–
Foreign institutional investor	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13	12	14	15	12	12	12	12	12	12	11	11	11	11	11	11
Mutual funds	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
Insurance companies	6	6	6	6	6	6	6	6	6	6	6	6	6	6	6	7	7	7	5	5	5	5	5	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	–	–	1	1	1	1	1	1	1	–	–	–	–	–	–
Venture capital funds	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	–	–	–	–	–	–
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	1	1	1	1	1	1	1	1	1	1	1	1
Other financial institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	–	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	15,624	15,338	61,522	58,963	53,938	52,949	55,259	53,934	53,271	52,916	52,509	50,617	49,810	49,292	49,139	49,301
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14,555	14,273	58,920	56,450	51,678	50,695	52,928	51,618	50,923	50,587	50,191	48,387	47,598	47,083	46,908	47,036
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	57	57	111	116	130	139	129	134	135	137	138	142	142	137	160	156
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	135	131	309	294	294	296	318	327	327	313	316	292	287	281	281	289
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	451	446	814	767	608	607	644	637	637	638	613	594	599	610	612	618
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	0	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3	–	–	0	3	2	2	2	2	2	2	2	2	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	426	431	1,363	1,335	1,227	1,211	1,235	1,214	1,245	1,237	1,247	1,198	1,180	1,177	1,174	1,198
Overseas Corporate Bodies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	392	396	1,317	1,273	1,176	1,156	1,173	1,153	1,189	1,182	1,193	1,123	1,110	1,110	1,126	1,135
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	8	7	8	8	–	9	9	8	9	9	33	29	27	28	27
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	–	–	–	–	–	–	–	–	–	–	17	–	–	–	–
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	1
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	20	20	25	42	27	26	24	24	24	24	24	24	23	23	–	23
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6	12	11	14	20	28	27	23	21	20	–	17	16	17	10
Escrow Account	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–	–
Clearing member	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	8	–	–	–	–	–	–	–	–	–	–
Unclaimed escrow account & suspense	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	–
Market Maker	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1

Saurashtra Cement 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 Mehta Investments Mauritius Limited, 18.63%. The filing names 5 more members with no shares.Promoter buying and selling

Holder
Mehta Investments Mauritius LimitedForeign companies and others	18.63%	2,07,32,819
The Mehta International Mauritius LtdForeign companies and others	15.23%	1,69,51,044
Galaxy Technologies Private LimitedIndian companies, trusts and others	14.57%	1,62,15,400
Omna Enterprises LLPIndian companies, trusts and others	9.46%	1,05,22,431
Gujarat Industrial Investment Corporation LimitedIndian companies, trusts and others	4.60%	51,16,672
Arjun Jay MehtaIndividuals and Hindu undivided families	1.51%	16,82,018
Jahnavi MehtaIndividuals and Hindu undivided families	1.49%	16,56,713
Promilla Subhashchandra KhannaIndividuals and Hindu undivided families	0.49%	5,40,000
Arja ShridharIndividuals and Hindu undivided families	0.18%	2,00,000
Medhavini Dhirendra MehtaIndividuals and Hindu undivided families	0.08%	90,634
Anandita Sudhir ShahIndividuals and Hindu undivided families	0.08%	84,415
Hemang Dhirendra MehtaIndividuals and Hindu undivided families	0.07%	73,559
Juhi Chawla MehtaIndividuals and Hindu undivided families	0.07%	73,382
Treasurers Trading LimitedForeign companies and others	0.06%	63,085
Kamalakshi Dhirendra MehtaIndividuals and Hindu undivided families	0.04%	40,425
Jay Mahendra MehtaIndividuals and Hindu undivided families	0.04%	43,730
Umade Dhirendra MehtaIndividuals and Hindu undivided families	0.02%	26,000
Sunayana Mahendra MehtaIndividuals and Hindu undivided families	0.01%	6,000
Nihita KhatauIndividuals and Hindu undivided families	0.01%	12,935
Anisha SeltenrightIndividuals and Hindu undivided families	0.00%	100
Devika KallergisIndividuals and Hindu undivided families	0.00%	100
Radha Mahendra MehtaIndividuals and Hindu undivided families	0.00%	5,100
The Mehta International LimitedForeign companies and others	0.00%	3,750
Mehta Family Trust - held by Mr. Jay Mehta & Mrs. Juhi Chawla as TrusteesIndian companies, trusts and others	0.00%	100

No promoter shares are reported as pledged.

Largest public holders of Saurashtra Cement, filing by filing

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

Holder	Dec 2016Filed 12 Jan	Mar 2017Filed 21 Apr	Jun 2017Filed 13 Jul	Sep 2017Filed 11 Oct	Dec 2017Filed 10 Jan	Mar 2018Filed 4 May	Jun 2018Filed 13 Jul	Sep 2018Filed 10 Oct	Dec 2018Filed 23 Jan	Mar 2019Filed 16 Apr	Jun 2019Filed 20 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 31 Jan	Mar 2020Filed 28 Apr	Jun 2020Filed 20 Jul	Sep 2020Filed 13 Oct	Dec 2020Filed 29 Jan	Mar 2021Filed 4 May	Jun 2021Filed 17 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 19 Jan	Mar 2022Filed 15 Apr	Jun 2022Filed 13 Jul	Dec 2022Filed 19 Jan	Mar 2023Filed 22 May	Jun 2023Filed 21 Jul	Sep 2023Filed 11 Oct	Dec 2023Filed 9 Jan	Mar 2024Filed 19 Apr	Jun 2024Filed 19 Jul	Sep 2024Filed 18 Oct	Dec 2024Filed 16 Jan	Mar 2025Filed 15 Apr	Jun 2025Filed 18 Jul	Sep 2025Filed 20 Oct	Dec 2025Filed 16 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 14 Jul	Sep 2026Filed 19 Oct
Toro Managers LimitedOther non-institutions	–	3.57%	3.57%	3.57%	3.57%	3.57%	–	3.57%	3.57%	3.56%	3.56%	3.55%	3.55%	3.55%	3.55%	3.55%	3.54%	3.54%	3.53%	3.53%	3.52%	3.51%	3.51%	3.50%	3.50%	2.22%	2.22%	2.22%	2.22%	2.22%	2.22%	2.21%	2.21%	2.21%	2.21%	2.21%	2.21%	2.21%	2.21%
Foreign BankOther foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	–	–	–	–	–	–	–	–	–	–
Foreign Institutional InvestorsOther foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	–	–	–	–	–	–	–	–	–	–
The Honkong and Shanghai Banking Corporation LtdOther foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	–	–	–	–	–	–	–	–	–	–
Finquest Securities Private Limited - Proprietary AccountCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.99%	1.96%	1.96%	1.95%	1.95%	1.95%	1.95%	–	–	1.24%	1.19%	–	–	–	–	–	–	–	–	–	–	–
Finquest Securities Private LimitedCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.24%	–	–	–	–	–	–	–	–	–	–	–	–	–
Finquest Securities Pvt Ltd-Proprietory AccountCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.95%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Arun NaharResident individuals, over ₹2 lakh at face value	1.15%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.00%	1.09%	1.09%	1.27%	1.27%	1.27%	1.26%	–	1.26%	1.26%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Premji Khepar RuparelResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.08%	1.08%	1.08%	1.08%	1.08%	–	1.08%	1.08%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Finquest Financial Solutions Pvt. Ltd.Other non-institutions	–	–	–	–	–	–	–	–	1.36%	1.58%	1.88%	1.88%	1.88%	1.87%	2.89%	2.03%	2.03%	2.03%	1.00%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Sankul Retailers Pvt LtdOther non-institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	2.14%	2.14%	2.14%	2.13%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Premji K RuparelResident individuals, over ₹2 lakh at face value	1.10%	–	–	–	1.09%	1.09%	1.09%	1.09%	1.09%	1.09%	1.09%	1.09%	1.09%	1.09%	1.09%	1.09%	1.08%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
RUCHIT BHARAT PATELResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	1.20%	1.30%	1.30%	1.29%	1.35%	1.50%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
HARDIK B PATELResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	1.04%	1.04%	1.04%	1.09%	1.16%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
FINQUEST FINANCIAL SOLUTIONS PT. LTDOther non-institutions	–	–	–	–	–	–	–	1.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Toro Managers LimitdOther non-institutions	–	–	–	–	–	–	3.57%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Madhulika AgarwalResident individuals, over ₹2 lakh at face value	–	–	–	–	–	1.79%	1.79%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Tora Managers LimitedOther non-institutions	9.66%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Hardik Bharat PatelResident individuals, over ₹2 lakh at face value	1.14%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.