ICICI Insurance’s stakes grew to 1.40% in Bajaj Consumer Care’s Mar’20 qtr.

Bajaj Consumer Care Ltd.

Bajaj Consumer Care Limited is an Indian company under the large umbrella of Bajaj Group. It is specialized towards hair care products. The company had about 61.69% of its shareholdings through the public shareholders; while the 38.04% came through the promoter and promoter group. The values were identical for both the quarters- December 2019 and March 2020. The differences between the public shareholding pattern for the company for these two consecutive quarters, are mentioned below:

Increase in shareholdings % – The total investment through Mutual Funds rose from 20.23% to 21.33%. The shareholders having Individual share capital up to Rs. 2 Lacs increased in number from 37710 to 43132 and the holdings went up from 6.10% to 7.09%. A shareholder with Individual share capital in excess of Rs. 2 Lacs incremented the bet from 0.15% to 0.33%. The Clearing Members elevated from 0.02% to 0.26%. The Bodies Corporate expanded the bet from 0.86% to 1.83%. ICICI LOMBARD GENERAL INSURANCE COMPANY LTD grew from 1.19% to 1.40%. Qualified Institutional Buyer reported a hike from 0.45% to 1.72%.

Decrease in shareholding % – The Alternate Investment Funds reported a reduction in shares percentage from 0.18% to 0.16%. The Foreign Portfolio Investors decremented the stakes from 30.45% to 28.09%. The financial institutions/ Banks stepped down from 0.06% to 0.04%. The NBFCs registered with RBI minimized the value from 0.01% to 0.00%. The Non-Resident Indian (NRI) lowered the holdings from 0.75% to 0.55%.

Unchanged shareholding %- ICICI PRUDENTIAL EQUITY SAVINGS FUND at 3.94%, HDFC TRUSTEE COMPANY LTD A/C HDFC CAPITAL BUILDER VALUE FUND at 1.23%, RELIANCE CAPITAL TRUSTEE CO LTD. A/C RELIANCE VALUE FUND at 2.06%, LLOYD GEORGE INVESTMENT COMPANY PUBLIC LIMITED COMPANY at 1.29%, MATTHEWS INDIA FUND at 3.37%, BAYTREE INVESTMENTS (MAURITIUS) PTE LTD 6.69%, GOLDMAN SACHS INDIA LIMITED at 1.37%, STEINBERG INDIA EMERGING OPPORTUNITIES FUND LIMITED at 1.40%, SAIF INDIA V FII HOLDINGS LIMITED at 1.68% and Central Government/ State Government(s)/ President of India at 0.00% had unchanged pattern of shareholdings in Dec’19 quarter as well as Mar’20 quarter.

The number of public shareholders reported an increase from 39,579 to 45,218 in the March quarter. There were no internal changes in the promoter and promoter group pattern.

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