Castrol India Limited,the largest automative and individual lubricant manufacturing company in India, held 49.00% of public shareholding and 51.00% of promoter and promoter group shareholding in Mar 2020, as it were in Dec 2019.
The trends discovered for public shareholdings during Dec 2019 and Mar 2020 are as follows:
Increase in Public shareholdings:
The mutual funds elevated from 3.76% to 4.52%. NBFIs registered with RBI increased from 0.01% to 0.06%. Any other(specify) moved up slightly from 3.00% to 3.08%. Non-Resident Indian(NRI) stepped up from 0.60% to 0.73%. Clearing Members expanded from 0.08% to 0.11%.
Decrease in Public shareholdings:
Aditya Birla sun life Trustee lowered from 1.34% to 1.31%. Foreign Portfoilo Investors dipped down from 12.21% to 11.83%. JP Morgan Funds reduced from 1.57% to 1.55%.
Insurance companies lessened from 12.75% to 12.69%. The no of shareholders increased from 179917 to 180552 for Individual Share Capital Upto Rs.2 Lacs, but there was reduction in the holdings from 13.54% to 13.22%. HUF decreased from 0.50% to 0.49%. Bodies Corporate lowered from 1.15% to 1.09%. The no of shareholders with Individual share capital in excess moved down from 260 to 257 along with reduction in holdings from 2.61% to 2.47%.
Uniformity in Public shareholdings:
Alternate Investment Funds (0.11%), Murray International Trust Plc (1.42%), Financial Institution (1.02%), Life Insurance Corporation (10.32%), Any other(specify) (0.00%),*Central Government/State Government(s)/President of India (0.00%), *Employee Trusts* (0.00%), IEPF (0.14%), Trusts (0.53%), Foreign Nationals (0.00%) and Foreign Portfoilo Investor(category-111) (0 00%) stayed at the same level in both quarters.
The public shareholding in Dec quarter was 49% and it stayed the same in March quarter; as well as the promoter and promoter group,which also stayed the same at 51.00% in both quarters. The no. of public shareholders increased from 190810 in Dec 2019 to 192838 in Mar 2020.