The Indian automotive company, Tata Motors is a prime part of the Tata Group, multinational Indian conglomerate. In both the consecutive quarters of Mar’20 and Jun’20, the company had 41.79% and 58.21% of the total shareholding through the promoters and the public respectively. The changes in the pattern of public shareholdings of the two mentioned quarters, are as follows:
Increase in shareholding % – Mutual Funds upgraded their value from 6.14% to 6.21%. The number of shareholders with Individual share capital up to Rs. 2 Lacs incremented from 13,08,957 to 14,87,776 and the holdings grew from 12.86% to 13.98%. Individuals having share capital in excess than Rs. 2 Lacs rose their bet from 0.32% to 0.75%. HUF up-stepped from 0.33% to 0.35%. Non-Resident Indians (NRI) up-trended their parts from 0.79% to 0.82%.
Decrease in shareholding % – Reliance Capital Trustee Co Ltd – Funds lowered the stakes from 1.91% to 1.65%. SBI Mutual Fund went from 1.36% to 1.18%. Alternate Investment Funds reported a decrease in the bet from 0.10% to 0.01%. Foreign Portfolio Investors appeared with a reduction in the parts from 16.84% to 15.62%. Insurance Companies shrunk the values from 6.94% to 6.77%. Bodies Corporate lessened the parts from 0.44% to 0.38%. Clearing Members down-stepped from 0.96% to 0.95%. LLP decreased the bet from 0.05% to 0.03%. Trusts decremented the stakes from 0.83% to 0.74%.
Identical shareholding % – Financial Institutions/ Banks at 0.24%; Life Insurance Corporation Of India at 4.77%; Central Government/ State Government(s)/ President of India at 0.16%; Citibank N.A. New York, Nyadr Department at 10.39%; Unclaimed or Suspense or Escrow Account at 0.15%.
Government Of Singapore might have exited the pattern or dipped below 1.00% in the latter quarter; it was at 1.09% in the Mar’20 quarter.
The total number of shareholders magnified from 13,54,290 to 15,33,373.