Max India Ltd. NSE: MAXIND | BSE: 543223

Momentum Trap

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195.08 2.17 (1.12%)

35.60% Fall from 52W High

33,360

NSE+BSE Volume

NSE 09 Dec, 2025 3:31 PM (IST)

Max Shareholding Pattern for Mar 2023 - Promoter, FII, DII, Mutual Fund holding

Max shareholding pattern - Promoter holding and pledges, FII, DII, Mutual Fund holding change for the Mar 2023 quarter.

SHAREHOLDING SUMMARY

HISTORICAL PROMOTOR HOLDING

HISTORICAL MF HOLDING

HISTORICAL FII HOLDING

Promoters have decreased holdings from 50.16% to 50.05% in Sep 2025 qtr

FII/FPI have decreased holdings from 7.13% to 7.08% in Sep 2025 qtr

Number of FII/FPI investors decreased from 25 to 22 in Sep 2025 qtr

Mutual Funds holding remains unchanged at 0.00% in Sep 2025 qtr

Number of MF schemes remains unchanged at 2 in Sep 2025 qtr

Institutional Investors have increased holdings from 8.11% to 8.51% in Sep 2025 qtr.

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Quarter Ending

Summary	Sep 2025	Jun 2025	May 23, 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023
Promoter	50.1%	50.2%	50.5%	50.5%	50.9%	50.9%	50.9%	50.9%	50.9%	50.9%	51.1%	51.1%
Holding	50.1%	50.2%	50.5%	50.5%	50.9%	50.9%	50.9%	50.9%	50.9%	50.9%	51.1%	51.1%
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	7.1%	7.1%	7.1%	6.6%	6.8%	7.4%	9.0%	9.5%	10.3%	10.6%	10.7%	11.3%
DII	1.4%	1.0%	1.0%	0.8%	0.9%	0.8%	0.8%	0.8%	0.7%	0.7%	0%	0%
Mutual Funds	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
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	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Others	1.43%	0.98%	0.95%	0.80%	0.94%	0.81%	0.81%	0.81%	0.69%	0.69%	0.0%	0.0%
Public	41.5%	41.7%	41.5%	42.1%	41.4%	40.8%	39.2%	38.7%	38.0%	37.8%	38.2%	37.6%
Others	0%	0.0%	0.0%	0.0%	0%	0.0%	0.0%	0.0%	0.0%	0.0%	0%	0%

Holding Mar 2023		Holding Dec 2022		Holding Jun 2022		History
%	shares	%	shares	%	shares	History
51.11	21,991,013	51.11	21,991,013	40.89	21,991,013

Name	Holding Mar 2023		No of holders	Indian/Foreign	History
Name	%	shares	No of holders	Indian/Foreign	History
Individuals / Hindu Undivided Family	2.92	1,257,423	4	Indian
Analjit singh	2.78	1,195,357	-	Indian
Neelu analjit singh	0.05	20,000	-	Indian
Piya singh	0.05	22,066	-	Indian
Tara singh vachani	0.05	20,000	-	Indian
Any Other (specify)	48.19	20,733,590	2	Indian
Max ventures investment holdings private limited	41.95	18,049,690	-	Indian
Siva enterprises private limited	6.24	2,683,900	-	Indian

Holding Mar 2023		Holding Dec 2022		Holding Jun 2022		History
%	shares	%	shares	%	shares	History
11.26	4,845,031	11.39	4,897,358	8.83	4,750,780

Name	Holding Mar 2023		No of holders	History
Name	%	shares	No of holders	History
Mutual Funds	0.00	848	2
Foreign Portfolio Investors Category I	10.82 *	4,654,115	9
Cassini partners, l.p. managed by habrok capital management llp	2.85	1,224,963	-
Habrok india master lp	2.85	1,225,738	-
Tvf fund ltd	2.47	1,060,955	-
Nomura singapore limited odi	1.49	640,000	-
Foreign Portfolio Investors Category II	0.44 *	187,985	1
Financial Institutions / Banks	0.00	165	2

Holding Mar 2023		Holding Dec 2022		Holding Jun 2022		History
%	shares	%	shares	%	shares	History
37.63	16,192,965	37.50	16,140,638	50.29	27,044,468

Name	Holding Mar 2023		No of holders	History
Name	%	shares	No of holders	History
Resident Individuals holding nominal share capital in excess of Rs. 2 lakhs	12.04	5,181,149	74
Krishnamurthy narayanan iyer	1.20	518,000	-
Porinju veliyath	1.05	450,000	-
Individual share capital upto Rs. 2 Lacs	20.95	9,013,810	37,465
Any Others (Specify)	0.20	84,832	39
Clearing members	0.19	79,682	-
Trusts	0.01	5,150	-
Bodies Corporate	2.32	998,051	237
Non Resident Indians (NRIs)	1.83	788,451	855
Directors and their relatives	0.29	126,227	1
Foreign Companies	0.00	240	1

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