Thermax Ltd.

NSE: THERMAX | BSE: 500411

Expensive Performer

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4548.00 168.50 (3.85%)

65.82% Gain from 52W Low

384.2K

NSE+BSE Volume

NSE 15 Jul, 2026 3:31 PM (IST)

Thermax Latest Shareholding Pattern - Promoter, FII, DII, Mutual Fund holding

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

SHAREHOLDING SUMMARY

HISTORICAL PROMOTOR HOLDING

HISTORICAL MF HOLDING

HISTORICAL FII HOLDING

Promoters holding remains unchanged at 61.98% in Mar 2026 qtr

FII/FPI have decreased holdings from 12.36% to 11.25% in Mar 2026 qtr

Number of FII/FPI investors increased from 256 to 258 in Mar 2026 qtr.

Mutual Funds have increased holdings from 13.26% to 13.75% in Mar 2026 qtr.

Number of MF schemes decreased from 27 to 26 in Mar 2026 qtr

Institutional Investors have decreased holdings from 27.20% to 26.74% in Mar 2026 qtr

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Quarter Ending

Summary	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
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	11.3%	12.4%	13.4%	16.0%	15.9%	15.5%	15.4%	15.2%	12.2%	12.0%	12.5%	12.4%
DII	15.5%	14.8%	14.0%	11.7%	12.3%	12.7%	12.7%	12.9%	15.8%	15.9%	15.5%	15.5%
Mutual Funds	13.75%	13.26%	12.56%	10.71%	11.26%	11.87%	12.06%	12.06%	13.56%	13.55%	13.47%	13.52%
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	1.49%	1.47%	1.33%	1.03%	0.93%	0.72%	0.62%	0.69%	2.13%	2.16%	1.96%	1.94%
Others	0.25%	0.11%	0.06%	0.0%	0.06%	0.07%	0.04%	0.13%	0.13%	0.15%	0.03%	0.04%
Public	5.8%	5.4%	5.2%	4.8%	4.4%	4.4%	4.5%	4.5%	4.5%	4.7%	4.5%	4.7%
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 2026		Holding Dec 2025		Holding Mar 2025		History
%	shares	%	shares	%	shares	History
61.98	73,855,305	61.98	73,855,995	61.98	73,855,305

Name	Holding Mar 2026		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 n 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 2026		Holding Dec 2025		Holding Mar 2025		History
%	shares	%	shares	%	shares	History
26.74	31,852,731	27.20	32,404,025	28.11	33,497,449

Name	Holding Mar 2026		No of holders	History
Name	%	shares	No of holders	History
Mutual Funds	13.75	16,378,897	26
Sbi esg exclusionary strategy fund	7.80	9,300,082	-
Kotak flexicap fund	2.21	2,635,373	-
Icici prudential mutual fund - icici prudential ni	1.01	1,200,744	-
Foreign Portfolio Investors Category I	11.07 *	13,187,335	190
Nalanda india equity fund limited	5.13	6,118,073	-
Kotak funds - india midcap fund	1.04	1,243,333	-
Foreign Portfolio Investors Category II	0.18 *	209,225	13
Insurance Companies	1.49	1,775,773	11

Holding Mar 2026		Holding Dec 2025		Holding Mar 2025		History
%	shares	%	shares	%	shares	History
5.82	6,940,635	5.35	6,388,418	4.43	5,287,192

Name	Holding Mar 2026		No of holders	History
Name	%	shares	No of holders	History
Individual share capital in excess of Rs. 2 Lacs	0.32	377,086	3
Individual share capital upto Rs. 2 Lacs	4.58	5,458,382	84,164
Any Others (Specify)	0.11	126,403	1,521
Huf	0.10	123,744	-
Clearing members	0.00	192	-
Trusts	0.00	2,467	-
Bodies Corporate	0.31	373,922	704
Non Resident Indians (NRIs)	0.38	452,082	3,259
Directors and their relatives	0.00	4,169	1
Investor Education and Protection Fund (IEPF)	0.12	145,808	1

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