Counted, Not Known: How to Read the Quarterly Shareholding Pattern of an Indian Listed Company

Stacked bar showing one company's share capital as the Regulation 31 shareholding pattern counts it: A promoter and promoter group, B public, C1 shares underlying depository receipts and C2 employee-benefit trusts, with the 25 per cent open-offer threshold and the 75 per cent promoter ceiling marked, and a brace showing that every percentage is a share of A plus B plus C2

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