Thermax Ltd. Shareholding Pattern: Promoters, FIIs, DIIs & Public Holdings (Latest)

Financial Shareholding

Shareholding Snapshot : Mar 2026

Score and Return Performance

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 26 Schemes (13.75%)

FIIs

Held by 203 FIIs (11.24%)

Promoter with highest holding

Rda Holdings Private Ltd (53.99%)

Highest Public shareholder

Sbi Esg Exclusionary Strategy Fund (7.8%)

Individual Investors Holdings

4.9%

Shareholding Analysis

Promoters

Promoter holding has decreased by -0.0%

FII

FII holding has decreased by -1.12%

MF

MF holding has increased by 0.48%

Insurance

Holdings of Insurance companies has increased by 0.02%

OtherDII

Other DII holding has increased by 0.15%

NII

Holdings of Non Institutional Shareholders has increased by 0.46%

Shareholding Snapshot: Mar 26

Shareholders

Shares(Cr.)

Holding(%)

Promoters

Pledged shares

7.39

0.0

61.98%

0.0%

FIIs

1.34

11.24%

Mutual Funds

1.64

13.75%

Insurance

0.18

1.49%

Other DIIs

0.03

0.25%

Non Institutional Investors

1.34

11.29%

Others

0.0%

Total

11.92

100%

Promoter Holding - Mar 26

Shareholders

Total Shares(Cr.)

in %

Rda Holdings Private Ltd

6.43

53.99%

Ara Trusteeship Company Private Limited

0.95

7.99%

Pheroz N Pudumjee

0.01%

Rda Investments Singapore Pte. Ltd.

Darayus A. Bhatena

Jamsdhed A. Bhatena

Lazara Investment Services Llp

Mephezalea Asset Services Llp

Lazara Capital Advisors Private Limited

Socomp Solutions Private Limited

Shakti Sustainable Energy Foundation

Khorshed Kavas Bharucha

Meher P. Sethna

Lea Pudumjee

Zahaan Pheroz Pudumjee

Arnavaz Rohinton Aga

Meher Pudumjee

Public Shareholders (above 5%) Mar 26

Shareholders

in %

Total Shares(Cr.)

Sbi Esg Exclusionary Strategy Fund

7.8%

0.93

Nalanda India Equity Fund Limited

5.13%

0.61

Public Shareholders (above 1%) Mar 26

Shareholders

in %

Total Shares(Cr.)

Kotak Flexicap Fund

2.21%

0.26

Kotak Funds - India Midcap Fund

1.04%

0.12

Icici Prudential Mutual Fund - Icici Prudential Ni

1.01%

0.12

Shareholding Compare (%holding)

Mar 26

Dec 25

Change(%)

Promoters

61.98

FIIs

11.24

12.36

-1.12

Mutual Funds

13.75

13.26

0.48

Insurance Companies

1.49

1.47

0.02

Other DIIs

0.25

0.11

0.14

Non Institution

11.29

10.82

0.46

Promoter holding 61.98%

in Mar 2026

Figures in Cr

Promoter holding has decreased by -0.0%

No change in Promoter pledged shares

FIIs Holdings 11.24%

in Mar 2026

Figures in Cr

FII holding has decreased by -1.12%

Number of FIIs holding stake in the company has decreased to 203 from 210

MF Holdings 13.75%

in Mar 2026

Figures in Cr

MF holding has increased by 0.48%

Number of MFs holding stake in the company has decreased to 26 from 27

Insurance Holdings 1.49%

in Mar 2026

Figures in Cr

Holdings of Insurance companies has increased by 0.02%

Number of Insurance companies holding stake in the company has increased to 11 from 10

Other DII Holdings 0.25%

in Mar 2026

Figures in Cr

Other DII holding has increased by 0.15%

Number of Other DIIs holding stake in the company has increased to 18 from 9

NIIs Holdings 11.29%

in Mar 2026

Figures in Cr

Holdings of Non Institutional Shareholders has increased by 0.46%

Number of Non Institutional Shareholders holding stake in the company has increased to 89703 from 77195