Thermax Ltd. NSE: THERMAX | BSE: 500411

Mid-range Performer

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3218.80 -38.20 (-1.17%)

39.89% Fall from 52W High

38,084

NSE+BSE Volume

NSE 31 Oct, 2025 3:31 PM (IST)

Board Meeting

The next board meeting for Thermax Ltd. is on 11 Nov 2025 for the purpose of Quarterly Results See details

Thermax Ltd. Shareholding Pattern for Mar 2024 - Promoter, FII, DII, Mutual Fund holding

Thermax Ltd. shareholding pattern - Promoter holding and pledges, FII, DII, Mutual Fund holding change for the Mar 2024 quarter.

SHAREHOLDING SUMMARY

HISTORICAL PROMOTOR HOLDING

HISTORICAL MF HOLDING

HISTORICAL FII HOLDING

Promoters holding remains unchanged at 61.98% in Sep 2025 qtr

FII/FPI have decreased holdings from 16.02% to 13.44% in Sep 2025 qtr

Number of FII/FPI investors decreased from 541 to 287 in Sep 2025 qtr

Mutual Funds have increased holdings from 10.71% to 12.56% in Sep 2025 qtr.

Number of MF schemes increased from 26 to 27 in Sep 2025 qtr.

Institutional Investors have decreased holdings from 27.76% to 27.39% in Sep 2025 qtr

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Quarter Ending

Summary	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022
Promoter	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%
Holding	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%	62.0%
Pledged	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Locked	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
FII	13.4%	16.0%	15.9%	15.5%	15.4%	15.2%	12.2%	12.0%	12.5%	12.4%	12.3%	12.3%
DII	14.0%	11.7%	12.3%	12.7%	12.7%	12.9%	15.8%	15.9%	15.5%	15.5%	15.6%	15.4%
Mutual Funds	12.56%	10.71%	11.26%	11.87%	12.06%	12.06%	13.56%	13.55%	13.47%	13.52%	13.62%	13.39%
Banks	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Insurance	1.33%	1.03%	0.93%	0.72%	0.62%	0.69%	2.13%	2.16%	1.96%	1.94%	1.98%	1.88%
Others	0.06%	0.0%	0.06%	0.07%	0.04%	0.13%	0.13%	0.15%	0.03%	0.04%	0.03%	0.08%
Public	5.2%	4.8%	4.4%	4.4%	4.5%	4.5%	4.5%	4.7%	4.5%	4.7%	4.6%	4.9%
Others	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%	5.5%

Holding Mar 2024		Holding Dec 2023		Holding Mar 2023		History
%	shares	%	shares	%	shares	History
61.98	73,855,305	61.98	73,855,305	61.98	73,855,305

Name	Holding Mar 2024		No of holders	Indian/Foreign	History
Name	%	shares	No of holders	Indian/Foreign	History
Individuals / Hindu Undivided Family	0.01	6,000	1	Indian
Pheroz pudumjee	0.01	6,000	-	Indian
Any Other (specify)	61.98	73,849,305	2	Indian
Rda holdings private ltd	53.99	64,328,500	-	Indian
Ara trusteeship company private limited	7.99	9,520,805	-	Indian

Holding Mar 2024		Holding Dec 2023		Holding Mar 2023		History
%	shares	%	shares	%	shares	History
28.06	33,432,209	27.87	33,213,491	27.92	33,276,433

Name	Holding Mar 2024		No of holders	History
Name	%	shares	No of holders	History
Mutual Funds	13.56	16,154,661	27
Kotak mahindra trustee co ltd a/c kotak manufactur	6.37	7,586,103	-
Sbi nifty midcap 150 index fund	3.37	4,011,857	-
Foreign Portfolio Investors Category I	12.09 *	14,403,260	135
Nalanda india equity fund limited	6.86	8,176,668	-
Kotak funds - india midcap fund	1.36	1,626,364	-
Foreign Portfolio Investors Category II	0.15 *	176,219	6
Insurance Companies	2.13	2,537,299	15
Tata aia life insurance company limited a/c group	1.28	1,527,466	-

Holding Mar 2024		Holding Dec 2023		Holding Mar 2023		History
%	shares	%	shares	%	shares	History
4.48	5,333,234	4.66	5,551,952	4.59	5,483,122

Name	Holding Mar 2024		No of holders	History
Name	%	shares	No of holders	History
Individual share capital in excess of Rs. 2 Lacs	0.19	227,941	2
Individual share capital upto Rs. 2 Lacs	3.52	4,190,086	38,138
Any Others (Specify)	0.09	106,014	673
Huf	0.09	104,641	-
Clearing members	0.00	160	-
Trusts	0.00	1,213	-
Bodies Corporate	0.25	297,146	312
Non Resident Indians (NRIs)	0.31	371,385	1,451
Investor Education and Protection Fund (IEPF)	0.12	139,785	1

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