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Thermax (THERMAX)₹2,786−1.90%Heavy Electrical Equipment
At the end of the Jun 2026 quarter, Thermax's shareholders were: promoters 61.95%, FIIs 11.45%, DIIs 15.24%, public 5.88%, others 5.48%. Promoter holding is unchanged on the quarter. FII holding is down 4.56 percentage points from 16.01% a year earlier. 0.00% of promoter shares were pledged. It had 91,898 shareholders.
As of · Company filings (shareholding pattern)
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% | 61.95% |
| FIIs | 12.53% | 12.00% | 12.23% | 15.14% | 15.37% | 15.48% | 15.85% | 16.01% | 13.43% | 12.35% | 11.24% | 11.45% |
| DIIs | 15.48% | 15.88% | 15.84% | 12.90% | 12.74% | 12.68% | 12.27% | 11.76% | 13.97% | 14.86% | 15.51% | 15.24% |
| Public | 4.54% | 4.67% | 4.48% | 4.51% | 4.45% | 4.40% | 4.44% | 4.79% | 5.17% | 5.36% | 5.82% | 5.88% |
| Others | 5.50% | 5.50% | 5.50% | 5.50% | 5.49% | 5.49% | 5.49% | 5.49% | 5.48% | 5.48% | 5.48% | 5.48% |
| Promoter shares pledged | — | — | — | — | — | — | — | — | — | — | — | 0.00% |
| Number of shareholders | 35,632 | 39,565 | 40,837 | 48,988 | 51,899 | 50,778 | 53,711 | 63,014 | 71,240 | 77,490 | 90,005 | 91,898 |
| Holder | Category | Jun 2026 | Change (pp) |
|---|---|---|---|
| Rda Holdings Private Ltd | Promoter | 54.02% | 0.00 |
| Ara Trusteeship Company Private Limited | Promoter | 7.98% | 0.00 |
| Sbi Nifty Midcap 150 Momentum 50 Etf | DII | 6.01% | New |
| Nalanda India Equity Fund Limited | FII | 5.15% | 0.00 |
| Kotak Mahindra Trustee Co Ltd A/C Kotak Nifty Midc | DII | 1.85% | New |
| Sbi Life Insurance Co. Ltd | DII | 1.10% | New |
| Pheroz N Pudumjee | Promoter | 0.01% | 0.00 |
| Sbi Esg Exclusionary Strategy Fund | DII | Exited | — |
| Kotak Flexicap Fund | DII | Exited | — |
| Kotak Funds - India Midcap Fund | FII | Exited | — |
| Icici Prudential Mutual Fund - Icici Prudential Ni | DII | Exited | — |
Promoters held 61.95% of Thermax at the end of the Jun 2026 quarter, the same as a year earlier.
In the Jun 2026 quarter, foreign institutional investors (FIIs) held 11.45% (up 0.21 percentage points from 11.24% a quarter earlier) and domestic institutions (DIIs) held 15.24% (down 0.27 percentage points from 15.51% a quarter earlier).
No. The Jun 2026 filing shows no pledged promoter shares.
Thermax had 91,898 shareholders at the end of the Jun 2026 quarter, against 63,014 a year earlier.
Sbi Nifty Midcap 150 Momentum 50 Etf (DII) held 6.01% at the end of the Jun 2026 quarter, the largest named holding outside the promoter group.