Providing telecommunications services since 1995, Bharti Airtel Ltd, is now one of the leading companies in the industry. From the quarter of December 2019 to the quarter of March 2020, the public shareholding grew from 37.26% to 40.98%, the promoters’ holding reduced from 62.70% to 58.98% and that through non-promoters down-stepped from 0.05% to 0.04%. The comparison of the public holdings’ data for both the above mentioned quarters, shows following differences:
Increase in shareholding % – Mutual funds incremented the stakes from 9.29% to 10.57%. SBI funds rose their parts from 1.82% to 1.99%. Alternate Investment Funds appeared with a rise from 0.12% to 0.31%. Foreign Portfolio Investors reported a growth in holding from 16.40% to 20.29%. Insurance Companies extended their part from 4.63% to 4.86%. Individuals with share capital up to Rs. 2 Lacs up-trended the parts from 0.49% to 0.52%. Trusts grew from 0.38% to 0.42%. Clearing Members soared from 0.7% to 0.11%.
Decrease in shareholding % – ICICI PRUDENTIAL VALUE FUND decreased the bet from 2.93% to 2.87%. Financial Institutions/ Banks down-stepped the value from 0.10% to 0.08%. LIC funds lowered from 2.90% to 2.73%. Individuals with share capital in excess of Rs. 2 Lacs down-stepped the investments from 0.19% to 0.17%. Bodies Corporate contracted the bet from 0.33% to 0.31%. Foreign Corporate Bodies halved the value from 4.81% to 2.80%. Qualified Institutional Buyers went from 0.39% to 0.48%. Government of Singapore shrunk the investments from 3.75% to 2.18%.
Shareholders with unaltered shareholding % – Central Government/ State Government(s)/ President of India at 0.00%, NBFCs registered with RBI at 0.00%, Non-Resident Indians (NRI) at 0.05% and IEPF at 0.00%.
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LTD might have entered the pattern in March quarter or have grown above 1.00% to appear at 1.01%. The number of public shareholders widened from 2,14,773 to 2,30,522.