Biocon Limited, an Indian biotech company, manufactures various active components of pharmaceutical medications and drugs. The promoters’ holding in both the quarters of Mar’20 and Jun’20 was stable at 60.67%; holdings through public grew from 38.10% to 38.20% and that through the non-promoters reduced from 1.23% to 1.13%. Other changes in the pattern of public shareholding for the two mentioned quarters, are as follows:
Increase in shareholding % – Foreign Portfolio Investors reported a rise in value from 14.98% to 15.93%. Financial Institutions/ Banks incremented the parts from 1.62% to 1.77%. LIFE INSURANCE CORPORATION OF INDIA grew the bet from 1.55% to 1.67%. Qualified Institutional Buyers rose the value from 0.56% to 0.72%.
Decrease in shareholding % – Mutual Funds lowered the stakes from 5.13% to 4.69%. ICICI PRUDENTIAL FUND lessened the bet from 1.43% to 1.20%. ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED down-stepped from 1.10% to 1.07%. No. of shareholders having Individual share capital up to Rs. 2 Lacs expanded from 2,00,228 to 2,21,487 and the holdings reduced from 6.69% to 6.55%. Individuals having share capital in excess of Rs. 2 Lacs shrunk the value from 4.10% to 4.00%. Non-Resident Indians decremented the bet from 0.41% to 0.37%. Clearing Members lowered the parts from 0.29% to 0.17%. Bodies Corporate went from 1.19% to 1.03%.
Identical shareholding % in both quarters – Alternate Investment Funds at 0.01%; AHAN- I LTD at 1.66%; Central Government/ State Government(s)/ President of India at 0.00%; ARUN SURESH CHANDAVARKAR at 1.10%; Trusts at 1.81%; and IEPF at 0.01%.
Shareholders which might have exited or dipped below 1.00% in the June quarter (March %holding mentioned)– RELIANCE CAPITAL TRUSTEE CO LTD at 1.04%; MIRAE ASSET LARGE CAP FUND at 1.02%; SOCIÉTÉ GÉNÉRALE at 1.01%.
Total number of public shareholders enlarged from 2,06,989 to 2,29,279.