India Inc promoters holding slumps to 8-yr low in June qtr: Report
Promoters' ownership in private listed companies declined to an eight-year low of 40.58 per cent as of June 30, 2025, following a net share sale worth Rs 54,732 crore during the quarter, according to data from primeinfobase.com, an initiative of PRIME Database Group. While promoter buying is always a positive sign, promoter selling can be due to a wide variety of reasons such as promoters taking advantage of bullish markets to take money off the table, strategic reasons like debt reduction, legacy planning, philanthropy, investment in other ventures and meeting Minimum Public Shareholding (MPS) requirement as also for personal expenses, Pranav Haldea, Managing Director, PRIME Database Group, said. "Relatively lower promoter holding in some of the recent IPO companies and overall institutionalisation of the market are some of the other reasons behind this fall," he added. In comparison, private promoters held a 40.81 per cent stake in the quarter ended March 2025. The last time holdings were this low was in the quarter ended September 30, 2017, when private promoter shareholding stood at 40.19 per cent. This trend has been consistent over the past three years. Over the last 13 quarters alone, promoters' share has fallen sharply by 455 basis points from 45.13 per cent on March 31, 2022, to 40.58 per cent as of June 30, 2025.
According to Haldea, as long as promoters continue to hold a sizable stake after the sale, with the sale not happening at a huge discount to market price and there being no significant change in the fundamentals of the company, there is no reason to worry. This analysis is based on the shareholding data filed by 2,086 out of the 2,131 companies listed on the main board of the NSE for the quarter ended June 30, 2025. As of July 25, 45 companies had yet to submit their shareholding disclosures. Meanwhile, government holdings as promoters saw a slight increase during the quarter, rising from 9.27 per cent to 9.39 per cent.
The share of Domestic Institutional Investors (DIIs) continued to climb, reaching an all-time high of 17.82 per cent as of June 30, 2025, up from 17.62 per cent in the previous quarter. This increase followed a net investment of Rs 1.68 lakh crore during the quarter. Mutual funds, buoyed by sustained retail inflows through systematic investment plans (SIPs), played a major role in this surge. Their net investment of Rs 1.17 lakh crore pushed mutual funds' share in NSE-listed companies to a new peak of 10.56 per cent, up from 10.35 per cent in March 2025.
In contrast, Foreign Institutional Investors (FIIs) saw their stake dip further to a 13-year low of 17.04 per cent from 17.22 per cent, despite a net inflow of Rs 38,674 crore during the quarter. DIIs increased their exposure most notably to the Consumer Discretionary sector while cutting back on Fast Moving Consumer Goods (FMCG). On the other hand, FIIs raised their allocation to Financial Services but also trimmed their investment in FMCG. India's largest institutional investor, Life Insurance Corporation of India (LIC), saw a marginal decline in its equity holdings. Across 284 companies where it holds over 1 per cent, LIC's stake dropped to 3.68 per cent as of June 30, 2025, from 3.72 per cent at the end of March 2025, even though it recorded a net purchase of Rs 9,914 crore during the quarter.
LIC continues to account for a dominant 69 per cent share, amounting to Rs 16.76 lakh crore of all insurance equity investments.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
21 minutes ago
- Economic Times
Faster, modern, enhanced network: How Namma Bengaluru's new Yellow Line will transform daily commutes
Synopsis Bengaluru's public transport receives a boost with the opening of the Yellow Line. Prime Minister Narendra Modi launched the 19-kilometre stretch. It connects key areas like Electronic City. Commuters can expect faster travel. The line links to Green, Pink, and Blue Lines. Phase 3 expansion is also underway. This development aims to reduce traffic and pollution. Prime Minister Narendra Modi inaugurated the much-awaited Yellow Line of Bengaluru's Namma Metro on Sunday, marking a significant step forward in the city's public transport network. Stretching over 19 kilometres with 16 stations, this new corridor is designed to ease travel for thousands of commuters in the city's busy southern belt. Here's how this expansion will make a real difference for passengers: The Yellow Line links important residential areas like BTM Layout, HSR Layout, and Bommanahalli with major industrial and tech centres including Electronic City and Bommasandra. This means people living in these neighbourhoods now have a fast, reliable option to reach offices, factories, and tech parks without battling Bengaluru's notorious traffic jams. Passengers can now conveniently switch between the Yellow Line and other metro corridors. For example, RV Road station connects with the Green Line, Jayadeva Hospital station links to the Pink Line, and Central Silk Board station interchanges with the Blue Line. These connections drastically reduce commute times and provide more flexible travel options across the city. The corridor also serves important public amenities, including educational institutions and healthcare centres like Jayadeva Hospital. For students, patients, and professionals, this means easier and quicker access to essential services. With the Yellow Line added, Namma Metro's total operational length crosses 96 km, making it India's second-longest metro network after Delhi. This expansion means more passengers can rely on clean, efficient rail transit rather than private vehicles or buses, reducing road congestion and pollution. Built with an investment of over Rs 7,160 crore, the Yellow Line features modern elevated tracks, spacious stations, and integrated facilities designed to improve last-mile connectivity. Initial train frequency is set at one every 25 minutes, with plans to increase as ridership grows, ensuring commuters have dependable options throughout the day. Alongside the Yellow Line launch, the foundation stone for Phase 3 was laid, promising a further 44 km expansion with 31 new stations. This ongoing growth will continue to connect more parts of Bengaluru, supporting the city's rising population and evolving transit needs. With these improvements, Bengaluru's new Yellow Line is set to revolutionize travel in the southern parts of the city—offering commuters faster, more comfortable, and convenient journeys while reducing dependence on road traffic. (With TOI inputs)
Hans India
22 minutes ago
- Hans India
Pakistan Bleeds Rs 1,240 Crore As Airspace Ban On Indian Flights Backfires
Pakistan's decision to prohibit Indian aircraft from using its airspace has resulted in catastrophic financial consequences, with the Pakistan Airports Authority hemorrhaging more than Rs 1,240 crore (PKR 4.1 billion) within just two months of implementing the restrictive measure. The Dawn newspaper reported these staggering losses based on an official statement from Pakistan's Defence Ministry, highlighting the severe economic impact of the aviation standoff. The airspace closure was implemented as Pakistan's retaliation against India's decision to suspend the Indus Waters Treaty following the devastating April 22 terrorist assault in Pahalgam, Jammu and Kashmir, which claimed the lives of 26 innocent people, predominantly tourists. The ban took effect on April 24 and has continued to inflict substantial economic damage on Pakistan's aviation sector. Defence Minister Khawaja Mohammad Asif officially acknowledged the massive revenue losses from overflight charges during the period between April 24 and June 30. The prohibition affects all aircraft bearing Indian registration, including those operated, owned, or leased by Indian aviation companies and carriers. This comprehensive ban has created a significant disruption in regional aviation traffic patterns. The economic ramifications have been particularly severe for Pakistan's airport authority, with daily operations seeing the loss of between 100 to 150 Indian aircraft that would normally transit through Pakistani airspace. This dramatic reduction has slashed Pakistan's overall transit air traffic by approximately 20 percent, representing a substantial blow to the country's aviation revenue streams. Pakistan has chosen to extend this economically damaging restriction until August 24, 2025, despite the mounting financial losses. A Notice to Airmen (NOTAM) issued by the Pakistan Airports Authority confirms that the prohibition will remain active until 4:59 AM on August 24, specifically targeting Indian-registered aircraft and those operated, owned, or leased by Indian airlines and operators, including military flights. The aviation restrictions have created an asymmetrical impact on both nations' carriers. While Pakistani airlines continue to face reciprocal bans from Indian airspace, Indian carriers have successfully adapted by utilizing alternative international routes for their global operations, minimizing the operational impact on their business. The Indian Civil Aviation Minister of State has confirmed that India's corresponding NOTAM will remain effective until August 23, 2025. The Pahalgam terrorist incident that triggered this aviation standoff was orchestrated by The Resistance Front, a subsidiary organization of the Pakistan-based terror group Lashkar-e-Taiba. The brutal attack resulted in 26 civilian casualties and prompted India to launch comprehensive retaliatory measures beyond just the Indus Waters Treaty suspension. India's response included the execution of Operation Sindoor, a precisely targeted military campaign that struck key terrorist infrastructure and training facilities located in Pakistan and Pakistan-Occupied Kashmir. This multi-pronged approach demonstrated India's commitment to combating cross-border terrorism through diplomatic, economic, and military channels. The current aviation impasse represents a classic example of how diplomatic tensions can escalate into economically damaging trade wars, with Pakistan bearing the brunt of the financial consequences. The country's decision to maintain the airspace ban despite mounting losses suggests that political considerations are taking precedence over economic pragmatism. Aviation industry experts note that such airspace restrictions typically harm the implementing country more than the target nation, as demonstrated by Pakistan's substantial revenue losses. The restriction forces aircraft to take longer, more expensive routes, but the overflying fees that Pakistan is losing represent a significant source of income for its aviation infrastructure. The ongoing situation underscores the interconnected nature of modern aviation and how political decisions can have far-reaching economic consequences in the globalized world. Pakistan's persistence with this costly policy despite clear financial damage raises questions about the long-term sustainability of using aviation restrictions as diplomatic tools.
&w=3840&q=100)
Business Standard
22 minutes ago
- Business Standard
Tata Steel eyes ₹7k cr gross merchandise value from 'Aashiyana' in FY26
Tata Steel is aiming to double the gross merchandise value (GMV) to around ₹7,000 crore of its homebuilding e-commerce platform Aashiyana' in the 2025-26 fiscal, a senior company official said. The steel major is also considering onboarding non-Tata Steel products for the first time to expand offerings in the domain, he said. All of the GMV on Aashiyana' currently comes from Tata Steel products, but we do plan to expand our offerings in the near future, Tata Steel VP (Long Products) Ashish Anupam told PTI. The platform recorded a GMV of Rs 3,550 crore in 2024-25, registering a 60 per cent year-on-year growth, and with the rollout of Aashiyana 3.0' the newly launched version of the platform Tata Steel expects to double the GMV over the next one year, he said. Initially launched as a transactional e-commerce site, Aashiyana' has now evolved into a full-fledged content-to-commerce ecosystem designed specifically for individual home builders (IHBs) a largely unorganised but significant segment of India's construction market, officials said. With Aashiyana', we are not just digitising the buying process, we are empowering individual homebuilders to make confident, informed decisions from blueprint to brick, Anupam said. The steel behemoth said its upgraded platform offers over 300 curated home design plans, budget calculators, planning tools and AI-powered product recommendations. It also provides access to stage-by-stage construction guides, educational content across 31 topics, and omnichannel support through WhatsApp and chatbots. The platform has crossed 1.1 lakh registered users and seen strong uptake from the Indian diaspora. Orders have been placed from customers across 24 countries, led by the US, UAE and the Netherlands, the officials said. There's a growing interest among NRIs to build homes back in India for their families. Aashiyana' allows them to remotely plan and procure materials with greater confidence for their requirement back home, he said. By offering tools such as material estimators, document vaults and visual inspiration boards, Tata Steel is aiming to position Aashiyana' not just as a commerce platform but as a homebuilding advisor, Anupam said. Anupam hopes that Aashiyana 3.0' will deepen consumer engagement, reduce acquisition costs and improve brand stickiness through a more intuitive and immersive digital experience.
