Indian Hotels Company Limited is a hospitality company, which caters for variety of services like resorts, spa, safaris, palaces etc. (From Dec’19 quarter to Mar’20 quarter) The company’s public holdings reduced from 60.91% to 59.25% and the promoter and promoters holdings incremented from 39.09% to 40.75%. The internal fluctuations in the public shareholding patterns of both the consecutive quarters of December 2019 and March 2020, are as follows:
Increase in shareholding % – RELIANCE CAPITAL TRUSTEE CO LTD-A/C NIPPON INDIA VISION FUND grew the stakes from 6.99% to 7.08%. HDFC TRUSTEE COMPANY LTD. A/C HDFC GROWTH OPPORTUNITIES FUND climbed from 6.41% to 6.71%. ICICI PRUDENTIAL VALUE FUND – SERIES 20 extended the value from 2.24% to 2.82%. SBI RESURGENT INDIA OPPORTUNITIES SCHEME up-stepped from 2.14% to 2.18%. L & T MUTUAL FUND TRUSTEE LTD- L & T MID CAP FUND incremented from 1.19% to 1.22%. FRANKLIN TEMPLETON INVESTMENT FUNDS stepped up from 0.09% to 0.10%. HDFC LIFE INSURANCE COMPANY LIMITED -SHAREHOLDERS SOLVENCY MARGIN ACCOUNT rose from 1.75% to 1.92%. The Central Government/ State Government(s)/ President of India widened from 0.39% to 0.95%. The number of shareholders (Individual share capital in excess of Rs. 2 Lacs) enlarged from 1,25,005 to 1,30,071 and the percentage grew from 1.36% to 1.44%. The HUF increased the bet from 0.24% to 0.25%. The Clearing Members’ holdings went up from 0.10% to 0.17%.
Decrease in shareholding % – The total holding of all the Mutual Funds reduced from 25.73% to 24.85%. FRANKLIN INDIA TAX SHIELD down-stepped the value from 2.53% to 2.52%. The Alternate Investment Funds appeared with a decrease from 0.44% to 0.23%. The Foreign Portfolio Investors lowered the stakes from 11.78% to 11.61%. GOVERNMENT PENSION FUND GLOBAL contracted the parts from 2.25% to 1.94%. The Insurance Companies reported a lowering in stakes from 6.43% to 5.76%. The holdings of shareholders with Individual share capital up to of Rs. 2 Lacs decremented from 10.16% to 10.09%. ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED lessened the parts from 3.36% to 2.93%. The Bodies Corporate reduced the stakes from 1.08% to 0.73%. The Non-Resident Indian(s) (NRI) down-stepped from 0.51% to 0.50%. Trusts minimized from 0.01% to 0.00%.
Identical shareholding % – LIFE INSURANCE CORPORATION OF INDIA at 1.78%, NBFCs registered with RBI at 0.02% and IEPF at 0.16% held identical values in both the quarters of Dec’19 and Mar’20.
The number of public shareholders enlarged from 1,32,858 to 1,37,970. There were total 9 promoters and their groups in both the quarters.