Indian subsidiary of the multinational company- Unilever PLC, Hindustan Unilever limited produces various food, beverages and personal care products. From the quarter of March 2020 to that of June 2020, the company’s promoter holdings dropped from 67.18% to 61.90% and holdings through the public upgraded from 32.82% to 38.10%. Other differences in the public shareholding patterns of the two quarters, are as follows:
Increase in shareholdings % – Mutual Funds incremented the stakes from 2.87% to 4.37%. Alternate Investment Funds appeared with a rise from 0.05% to 0.20%. Foreign Portfolio Investors grew their holdings from 12.10% to 14.81%. Financial Institutions/ Banks upgraded the value from 0.37% to 0.42%. Life Insurance Corporation of India incremented the bet from 2.59% to 2.60%. The number of shareholders having Individual share capital up to Rs. 2 Lacs enlarged in number from 4,42,099 to 6,62,087 and the holdings rose from 10.87% to 11.16%. Individuals with share capital in excess than Rs. 2 Lacs upgraded their parts from 0.09% to 0.17%. Clearing Members up-stepped from 0.06% to 0.07%. Trusts grew from 0.37% to 0.45%.
Decrease in shareholding % – Insurance Companies down-stepped from 3.39% to 3.36%. Bodies Corporate went from 0.55% to 0.54%.
Unaltered shareholding % in the latter quarter – Central Government/ State Government(s)/ President of India at 0.00%. NBFCs registered with RBI at 0.00%. Non-Residential Indians at 0.51%. IEPF at 0.20%.
Government of Singapore might have entered the pattern or rose above 1.00% in the June quarter at 1.07%. The total number of public shareholders magnified from 4,59,175 to 6,86,723.