Transrail Lighting shareholders and shareholding pattern

NSE: TRANSRAILLBSE: 544317Electrical EquipmentSmall Cap

₹428.80₹25.00 (5.51%)BSE ₹428.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹453.80.

52-week range of traded prices to 23 Oct 2026

₹400.65Low, 16 Sep 2026₹758.00High, 23 Oct 2025

Market cap: ₹5,757 Cr671st largest listed
P/E: 14.2
P/B: 2.5
Dividend yield: 1.17%
ROE: 19.5%
ROCE: 25.6%
Debt to equity: 0.29
Volume, NSE: 7,26,30239.2% delivered

Who owns Transrail Lighting, filing by filing

Per cent of the company's shares. Every filing on record, from Dec 2024; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters71.12%
Foreign institutions1.85%
Indian institutions5.95%
Individuals and others21.08%

Shareholding pattern, per cent

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2024Filed 21 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 15 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 15 Oct
	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%
Indian promoters	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%	71.12%
	28.88%	28.88%	28.88%	28.88%	28.88%	28.88%	28.88%	28.88%
	1.00%	0.61%	1.43%	1.15%	1.13%	2.16%	2.49%	1.85%
Foreign portfolio investors, category I	1.00%	0.57%	1.17%	1.04%	1.01%	2.00%	2.39%	1.85%
Foreign portfolio investors, category II	0.00%	0.04%	0.26%	0.12%	0.13%	0.17%	0.10%	Under 0.01%
	15.15%	14.08%	12.44%	8.42%	8.20%	8.15%	6.52%	5.95%
Mutual funds	1.89%	2.51%	1.83%	1.29%	1.06%	0.75%	0.08%	0.08%
Insurance companies	0.30%	0.35%	0.31%	0.30%	0.33%	0.34%	0.25%	0.00%
Banks	4.12%	4.11%	3.83%	3.22%	3.22%	3.22%	2.44%	2.44%
Alternative investment funds	8.68%	6.95%	6.47%	3.60%	3.60%	3.83%	3.74%	3.43%
Non-bank lenders registered with RBI	0.16%	0.16%	–	–	0.00%	0.00%	Under 0.01%	Under 0.01%
	12.74%	14.20%	15.02%	19.31%	19.55%	18.57%	19.88%	21.08%
Resident individuals, up to ₹2 lakh at face value	8.11%	9.54%	10.60%	15.25%	15.73%	15.23%	16.62%	17.38%
Resident individuals, over ₹2 lakh at face value	1.17%	1.21%	0.89%	0.41%	0.26%	0.26%	0.18%	0.30%
Companies	2.65%	2.55%	2.12%	1.87%	1.55%	1.12%	1.03%	1.37%
Non-resident Indians	0.13%	0.26%	0.45%	0.73%	0.77%	0.83%	0.84%	0.77%
Directors and their relatives	0.00%	0.00%	0.11%	0.09%	0.22%	0.22%	0.22%	0.22%
Key managers	0.00%	0.00%	–	–	0.00%	0.00%	Under 0.01%	Under 0.01%
	0.68%	0.64%	0.84%	0.96%	1.00%	0.92%	0.98%	1.02%
Clearing Members	–	Under 0.01%	0.13%	0.11%	0.10%	0.06%	0.06%	0.05%
Director or Director's Relatives	–	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–
Hindu undivided families	–	0.45%	0.45%	0.61%	0.64%	0.66%	0.73%	0.84%
LLP	–	0.18%	0.25%	0.24%	0.26%	0.18%	0.18%	0.13%
Trusts	–	Under 0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	–
Independent Director or his relatives	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.97%
Shares in issue	13,42,56,025	13,42,56,025	13,42,56,025	13,42,56,025	13,42,56,025	13,42,56,025	13,42,56,025	13,42,56,025
Shares locked in	11,05,59,089	10,48,65,257	2,70,17,950	2,70,17,950	2,70,17,950	2,70,17,950	–	–
Promoters' shares locked in	9,54,78,484	9,54,78,484	2,70,17,950	2,70,17,950	2,70,17,950	2,70,17,950	–	–

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 Transrail Lighting shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2024Filed 21 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 15 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 15 Oct
All shareholders	1,42,684	1,29,923	1,27,752	1,52,942	1,61,306	1,58,376	1,55,661	1,57,132
	4	4	4	4	4	4	4	4
Indian promoters	4	4	4	4	4	4	4	4
	1,42,680	1,29,919	1,27,748	1,52,938	1,61,302	1,58,372	1,55,657	1,57,128
	20	10	14	57	55	55	51	26
Foreign portfolio investors, category I	20	8	11	49	46	45	42	25
Foreign portfolio investors, category II	0	2	3	8	9	10	9	1
	34	30	30	28	26	25	20	16
Mutual funds	6	10	9	9	8	7	5	5
Insurance companies	2	2	2	1	1	1	1	0
Banks	10	9	8	6	6	6	5	5
Alternative investment funds	14	7	11	12	11	11	8	4
Non-bank lenders registered with RBI	2	2	–	–	0	0	1	2
	1,42,626	1,29,879	1,27,704	1,52,853	1,61,221	1,58,292	1,55,586	1,57,086
Resident individuals, up to ₹2 lakh at face value	1,39,054	1,26,021	1,23,530	1,47,387	1,55,362	1,52,443	1,49,584	1,51,036
Resident individuals, over ₹2 lakh at face value	8	7	5	4	3	3	2	3
Companies	179	293	342	467	474	429	477	516
Non-resident Indians	502	1,161	1,377	2,048	2,212	2,305	2,236	2,233
Directors and their relatives	0	0	1	1	3	3	3	2
Key managers	0	0	–	–	0	0	1	1
	2,883	2,397	2,449	2,946	3,167	3,109	3,283	3,295
Clearing Members	–	6	2	46	35	26	25	21
Director or Director's Relatives	–	3	3	3	–	–	–	–
Hindu undivided families	–	2,329	2,369	2,801	3,025	2,993	3,164	3,223
LLP	–	57	70	93	101	85	90	49
Trusts	–	2	5	3	3	2	1	–
Independent Director or his relatives	–	–	–	–	3	3	3	2

A dash is a line the filing did not state.

Transrail Lighting 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 Ajanma Holdings Private Limited, 69.91%. The filing names 23 more members with no shares.Promoter buying and selling

Holder
Ajanma Holdings Private LimitedIndian companies, trusts and others	69.91%	9,38,59,944	6.07%
Digambar Chunilal BagdeIndividuals and Hindu undivided families	0.67%	8,98,540	0.00%
Sandhya Digambar BagdeIndividuals and Hindu undivided families	0.50%	6,70,000	0.00%
Sanjay Kumar VermaIndividuals and Hindu undivided families	0.04%	50,000	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Transrail Lighting, filing by filing

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

Holder	Dec 2024Filed 21 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 21 Jul	Sep 2025Filed 17 Oct	Dec 2025Filed 21 Jan	Mar 2026Filed 15 Apr	Jun 2026Filed 20 Jul	Sep 2026Filed 15 Oct
Asiana Fund IAlternative investment funds	7.43%	5.67%	–	3.37%	3.37%	3.37%	3.37%	3.37%
Canara BankBanks	–	–	–	–	–	–	–	1.50%
Canara Bank -MumbaiBanks	1.50%	1.50%	1.50%	1.50%	1.50%	1.50%	1.50%	–
Alternate Investment FundsAlternative investment funds	–	–	5.21%	–	–	–	–	–

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.