Span Divergent shareholders and shareholding pattern

BSE: 524727Pharmaceuticals & BiotechnologySmall Cap

₹23.10₹1.10 (5.00%)

Share price at the BSE close on 22 Oct 2026. Previous close ₹22.00.

52-week range of traded prices to 22 Oct 2026

₹20.52Low, 8 Oct 2026₹51.49High, 1 Jul 2026

Market cap: ₹17 Cr4,116th largest listed
P/E: Earlier quarters restated in the year
P/B: 1.1
Dividend yield: Nonein the last 12 months
ROCE: −24.0%
Debt to equity: 0.73
Volume, BSE: 341

Who owns Span Divergent, 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

Promoters48.13%
Individuals and others51.87%

Shareholding pattern, per cent, from Sep 2022

Promoters
Individuals and others

Per cent	Dec 2016Filed 16 Jan	Mar 2017Filed 10 Apr	Jun 2017Filed 19 Jul	Sep 2017Filed 11 Oct	Dec 2017Filed 8 Jan	Mar 2018Filed 16 Apr	Jun 2018Filed 18 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 21 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 22 Jul	Sep 2019Filed 6 Nov	Dec 2019Filed 18 Jan	Mar 2020Filed 21 Apr	Jun 2020Filed 21 Jul	Sep 2020Filed 20 Oct	Dec 2020Filed 8 Jan	Mar 2021Filed 23 Aug	Jun 2021Filed 27 Oct	Sep 2021Filed 26 Oct	Dec 2021Filed 19 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 22 Sep	Sep 2022Filed 20 Oct	Dec 2022Filed 20 Mar	Mar 2023Filed 20 Apr	Jun 2023Filed 21 Jul	Sep 2023Filed 20 Oct	Dec 2023Filed 20 Jan	Mar 2024Filed 20 Apr	Jun 2024Filed 20 Jul	Sep 2024Filed 21 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 20 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 19 Oct
	59.31%	60.78%	61.06%	61.06%	63.04%	63.03%	63.03%	63.20%	63.38%	64.02%	64.02%	64.13%	64.13%	64.13%	64.13%	64.13%	64.13%	64.13%	64.13%	64.13%	64.13%	64.14%	64.14%	64.06%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.01%	64.00%	64.00%	64.00%	64.00%	64.00%	48.13%	48.13%	48.13%
Indian promoters	58.76%	60.23%	60.51%	60.51%	62.49%	62.48%	62.48%	62.65%	62.65%	62.92%	62.92%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.58%	63.59%	63.59%	63.52%	63.46%	63.46%	63.46%	63.46%	63.46%	63.46%	63.46%	63.46%	63.45%	63.45%	63.45%	63.45%	63.45%	47.72%	47.72%	47.72%
Foreign promoters	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.73%	1.10%	1.10%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.55%	0.41%	0.41%	0.41%
	40.69%	39.22%	38.94%	38.94%	36.96%	36.97%	36.97%	36.80%	36.62%	35.98%	35.98%	35.87%	35.87%	35.87%	35.87%	35.87%	35.87%	35.87%	35.87%	35.87%	35.87%	35.86%	35.86%	35.94%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	36.00%	36.00%	36.00%	36.00%	36.00%	51.87%	51.87%	51.87%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	35.94%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	35.99%	36.00%	36.00%	36.00%	36.00%	36.00%	51.87%	51.87%	51.87%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14.25%	13.84%	13.24%	13.15%	13.01%	12.90%	12.83%	12.86%	12.79%	12.76%	13.31%	13.30%	13.29%	13.29%	9.73%	9.68%	9.95%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.73%	1.21%	1.83%	1.90%	2.01%	2.10%	2.11%	2.12%	2.18%	2.21%	1.66%	1.67%	1.68%	1.68%	26.40%	26.45%	26.08%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.77%	0.77%	0.77%	0.77%	0.81%	1.05%	1.11%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%	1.08%	0.74%	0.74%	0.73%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	12.71%	12.72%	12.72%	12.74%	12.74%	12.74%	12.74%	12.75%	12.75%	12.76%	12.76%	12.76%	12.76%	12.76%	9.60%	9.60%	9.60%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	1.55%	1.55%	1.55%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	3.96%	2.98%	2.98%	2.98%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.45%	1.42%	1.41%	1.41%	1.41%	1.19%	1.19%	1.17%	1.18%	1.17%	1.17%	1.17%	1.17%	1.17%	0.88%	0.88%	0.99%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.45%	1.42%	1.41%	1.41%	1.41%	1.19%	1.19%	1.17%	1.17%	1.17%	1.17%	1.17%	1.17%	1.17%	0.88%	0.88%	0.92%
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	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%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.07%
Shares in issue	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	54,61,747	72,63,228	72,63,228	72,63,228
Shares locked in	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	18,01,481	18,01,481	18,01,481

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. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Span Divergent shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 16 Jan	Mar 2017Filed 10 Apr	Jun 2017Filed 19 Jul	Sep 2017Filed 11 Oct	Dec 2017Filed 8 Jan	Mar 2018Filed 16 Apr	Jun 2018Filed 18 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 21 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 22 Jul	Sep 2019Filed 6 Nov	Dec 2019Filed 18 Jan	Mar 2020Filed 21 Apr	Jun 2020Filed 21 Jul	Sep 2020Filed 20 Oct	Dec 2020Filed 8 Jan	Mar 2021Filed 23 Aug	Jun 2021Filed 27 Oct	Sep 2021Filed 26 Oct	Dec 2021Filed 19 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 22 Sep	Sep 2022Filed 20 Oct	Dec 2022Filed 20 Mar	Mar 2023Filed 20 Apr	Jun 2023Filed 21 Jul	Sep 2023Filed 20 Oct	Dec 2023Filed 20 Jan	Mar 2024Filed 20 Apr	Jun 2024Filed 20 Jul	Sep 2024Filed 21 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 20 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 19 Oct
All shareholders	2,708	2,686	2,700	2,672	2,681	2,638	2,606	2,602	2,297	2,270	2,267	2,267	2,267	2,248	2,264	2,255	2,055	2,073	2,117	2,114	2,109	2,125	2,129	2,131	2,136	2,149	2,135	2,123	2,104	2,069	2,046	2,072	2,170	2,138	2,140	2,156	2,108	2,081	2,062	2,070
	17	17	17	17	17	17	17	17	16	16	16	15	14	14	14	14	14	14	14	14	14	13	13	13	12	12	12	12	12	12	12	12	11	11	11	11	11	11	11	11
Indian promoters	15	15	15	15	15	15	15	15	15	15	15	14	13	13	13	13	13	13	13	13	13	12	12	12	11	11	11	11	11	11	11	11	10	10	10	10	10	10	10	10
Foreign promoters	2	2	2	2	2	2	2	2	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
	2,691	2,669	2,683	2,655	2,664	2,621	2,589	2,585	2,281	2,254	2,251	2,252	2,253	2,234	2,250	2,241	2,041	2,059	2,103	2,100	2,095	2,112	2,116	2,118	2,124	2,137	2,123	2,111	2,092	2,057	2,034	2,060	2,159	2,127	2,129	2,145	2,097	2,070	2,051	2,059
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,118	2,124	2,137	2,123	2,111	2,092	2,057	2,034	2,060	2,159	2,127	2,129	2,145	2,097	2,070	2,051	2,059
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2,002	2,008	2,020	2,006	1,993	1,977	1,944	1,923	1,949	2,046	2,016	2,019	2,034	1,986	1,957	1,935	1,944
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	2	3	2	3	3	3	3	3	3	2	1	1	1	3	3	2
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13	13	13	13	13	13	14	13	13	13	13	14	14	14	14	14	14
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	30	31	32	33	33	32	32	32	31	33	34	34	33	33	33	33	32
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	66	64	63	63	63	61	58	57	58	58	56	55	57	57	57	60	61
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	1	1	1	1	1	1	1	1	2	1
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	63	62	61	61	61	59	56	54	55	55	53	52	54	54	54	56	57
Employees	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1

Span Divergent 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 PRADIPKUMAR KESHAVLAL DESAI, 32.16%. The filing names 3 more members with no shares.Promoter buying and selling

Holder
PRADIPKUMAR KESHAVLAL DESAIIndividuals and Hindu undivided families	32.16%	23,35,806
VIRAL PRADIPKUMAR DESAIIndividuals and Hindu undivided families	9.47%	6,88,015
GITA SURESHBHAI DESAIIndividuals and Hindu undivided families	1.58%	1,14,540
SUJATA V DESAIIndividuals and Hindu undivided families	1.40%	1,01,576
UDAYBHAI DHIRUBHAI DESAIIndividuals and Hindu undivided families	1.23%	89,000
SURESH D DESAIIndividuals and Hindu undivided families	0.46%	33,720
UDAYBHAI DHIRUBHAI DESAI HUFIndividuals and Hindu undivided families	0.41%	29,963
TEJAL VIVEK DESAINon-resident and foreign individuals	0.41%	30,000
PRANAV S DESAIIndividuals and Hindu undivided families	0.39%	28,040
PRASHANT SURESH DESAIIndividuals and Hindu undivided families	0.36%	26,040
PRAKASH DHIRUBHAI DESAI HUFIndividuals and Hindu undivided families	0.26%	19,000

No promoter shares are reported as pledged.

Largest public holders of Span Divergent, filing by filing

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

Holder	Dec 2016Filed 16 Jan	Mar 2017Filed 10 Apr	Jun 2017Filed 19 Jul	Sep 2017Filed 11 Oct	Dec 2017Filed 8 Jan	Mar 2018Filed 16 Apr	Jun 2018Filed 18 Jul	Sep 2018Filed 17 Oct	Dec 2018Filed 21 Jan	Mar 2019Filed 20 Apr	Jun 2019Filed 22 Jul	Sep 2019Filed 6 Nov	Dec 2019Filed 18 Jan	Mar 2020Filed 21 Apr	Jun 2020Filed 21 Jul	Sep 2020Filed 20 Oct	Dec 2020Filed 8 Jan	Mar 2021Filed 23 Aug	Jun 2021Filed 27 Oct	Sep 2021Filed 26 Oct	Dec 2021Filed 19 Jan	Mar 2022Filed 20 Apr	Jun 2022Filed 22 Sep	Sep 2022Filed 20 Oct	Dec 2022Filed 20 Mar	Mar 2023Filed 20 Apr	Jun 2023Filed 21 Jul	Sep 2023Filed 20 Oct	Dec 2023Filed 20 Jan	Mar 2024Filed 20 Apr	Jun 2024Filed 20 Jul	Sep 2024Filed 21 Oct	Dec 2024Filed 20 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 20 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 21 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 19 Oct
NEEV NIRAV JOGANIResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	24.80%	24.80%	24.80%
BHARTIBEN NATWERLAL PATELNon-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	7.92%	7.92%	7.92%
Investor Education and Protection Fund (IEPF)Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	2.06%	–	–	1.55%	1.55%	1.55%
SANJAY N MEHTA HUFDirectors and their relatives	–	–	–	–	–	–	1.98%	1.99%	–	–	1.99%	1.99%	1.99%	1.99%	1.99%	1.99%	1.99%	1.99%	1.99%	1.99%	1.99%	1.99%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	2.00%	1.51%	1.51%	1.51%
LUXMI KANT GUPTAResident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.30%	–	–	–	–	–	–	1.66%	1.67%	1.68%	1.68%	1.26%	1.26%	1.28%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRSInvestor education fund	–	–	–	–	–	–	–	–	1.27%	1.27%	1.27%	1.27%	1.27%	1.27%	1.27%	1.27%	2.06%	2.06%	2.06%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.06%	–	–	–
LEENA SANJAY MEHTADirectors and their relatives	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	–	–	–
IEPFInvestor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.06%	–	–	–	–	–	–	–	–	–	–	–	2.06%	–	–	–	–
PATEL BHARTIOther non-institutions	10.53%	–	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	10.53%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Sanjay N MehtaOther non-institutions	1.90%	1.90%	1.90%	1.90%	1.90%	1.90%	–	–	1.99%	1.99%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Kokilaben B PatelOther non-institutions	–	–	–	2.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Patel Kokilaben BOther non-institutions	2.09%	2.09%	2.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Bharti PatelOther non-institutions	–	10.53%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

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.