Bharat Forge Ltd.

Shareholders holding 1% or more · latest filing Sep 2026

Ownership split · Sep 2026

Share of total equity by holder type, with change since Jun 2026.

Promoters 43.12% 0.95 pp
FII / FPI 15.2% 0.16 pp
DII 33.04% 0.7 pp
Retail & others 8.64% 0.09 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters44.07%44.07%44.07%44.07%44.07%44.07%44.07%43.12%
FII / FPI17.88%16.07%14.37%13.62%12.4%14.15%15.04%15.2%
DII28.5%30.35%31.41%32.25%34.22%32.76%32.34%33.04%
Retail & others9.55%9.5%10.15%10.05%9.3%9.01%8.55%8.64%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

43 current holders with 1% or more in the Sep 2026 filing. Click a name to see everything they hold.

Holder Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 Change (QoQ)
KALYANI INVESTMENT COMPANY LIMITED Promoter 13.24%6.33 13.24%6.33 13.24%6.33 13.24%6.33 13.24%6.33 13.24%6.33 13.24%6.33 12.96%6.33 0.28 pp
SUNDARAM TRADING AND INVESTMENT PVT LTD Promoter 11.55%5.52 11.56%5.53 11.56%5.53 11.56%5.53 11.56%5.53 11.56%5.53 11.56%5.53 11.31%5.53 0.25 pp
KSL HOLDINGS PRIVATE LIMITED Promoter 9.68%4.63 9.68%4.63 9.68%4.63 9.68%4.63 9.68%4.63 9.68%4.63 9.68%4.63 9.47%4.63 0.21 pp
Hdfc Trustee Company Ltd. A/C Hdfc Balanced Advantage Fund Institution New 1.04%0.50 – – – – – – 4.04%1.97 –
NPS TRUST A/C - LIC PFL NPS SMART BALANCE TIER I Institution New – – – – – – – 3.76%1.84 –
KOTAK MAHINDRA TRUSTEE CO LTD A/C KOTAK DIVIDEND YIELD FUND Institution New – – – – – – – 3.43%1.68 –
BF INVESTMENT LIMITED Promoter 3.27%1.56 3.27%1.56 3.27%1.56 3.27%1.56 3.27%1.56 3.27%1.56 3.27%1.56 3.2%1.56 0.07 pp
AJINKYA INVESTMENT AND TRADING COMPANY Promoter 3.13%1.50 3.13%1.50 3.13%1.50 3.13%1.50 3.13%1.50 3.13%1.50 3.13%1.50 3.07%1.50 0.06 pp
LICI NEW PENSION PLUS GROWTH FUND Institution New – – – – – – – 2.45%1.20 –
SBI ARBITRAGE FUND Institution New – – – – – – – 2.17%1.06 –
Sbi Life Insurance Co. Ltd Institution 1.23%0.59 1.42%0.68 1.23%0.59 1.72%0.82 1.74%0.83 1.71%0.82 1.82%0.87 1.65%0.81 0.17 pp
ICICI PRUDENTIAL RETIREMENT FUND-PURE EQUITY PLAN Institution New – – – – – – – 1.47%0.72 –
ADITYA BIRLA SUN LIFE MUTUAL FUND - APEX HYBRID LONG-SHORT FUND Institution New – – – – – – – 1.32%0.64 –
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA NIFTY AUTO INDEX FUND Institution New – – – – – – – 1.31%0.64 –
Mirae Asset Large & Midcap Fund Institution – 1.68%0.80 2.24%1.07 2.49%1.19 2.77%1.32 2.52%1.20 1.75%0.84 1.23%0.60 0.52 pp
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS MIDCAP FUND Institution New – – – – – – – 1.16%0.57 –
MOTILAL OSWAL NIFTY MIDCAP 100 ETF Institution New – – – – – – – 1.11%0.54 –
Government Of Singapore Institution New 2.13%1.02 2.02%0.97 – – – – – 1.07%0.52 –
HDFC Life Insurance Company Limited Institution 1.11%0.53 1.07%0.51 1.06%0.51 1.05%0.50 1.03%0.49 – 1%0.48 1.02%0.50 0.02 pp
JANNHAVI INVESTMENT PVT. LTD. Promoter 0.98%0.47 0.98%0.47 0.98%0.47 0.98%0.47 0.98%0.47 0.98%0.47 0.98%0.47 0.96%0.47 0.02 pp
YUSMARG INVESTMENT AND TRADING PVT.LTD. Promoter 0.39%0.18 0.39%0.18 0.39%0.18 0.39%0.18 0.39%0.18 0.39%0.18 0.39%0.18 0.38%0.18 0.01 pp
RAJGAD TRADING COMPANY PVT.LTD. Promoter 0.28%0.14 0.28%0.14 0.28%0.14 0.28%0.14 0.28%0.14 0.28%0.14 0.28%0.14 0.28%0.14 0
DANDAKARANYA INVESTMENT & TRADING PVT LTD Promoter 0.23%0.11 0.23%0.11 0.23%0.11 0.23%0.11 0.23%0.11 0.23%0.11 0.23%0.11 0.23%0.11 0
KALYANI EXPORT & INVESTMENT PVT. LTD Promoter 0.21%0.10 0.21%0.10 0.21%0.10 0.21%0.10 0.21%0.10 0.21%0.10 0.21%0.10 0.21%0.10 0
TANGMARG INVESTMENT AND TRADING PVT.LTD. Promoter 0.19%0.09 0.19%0.09 0.19%0.09 0.19%0.09 0.19%0.09 0.19%0.09 0.19%0.09 0.19%0.09 0
KALYANI CONSULTANTS PRIVATE LIMITED Promoter 0.2%0.09 0.2%0.09 0.2%0.09 0.2%0.09 0.2%0.09 0.2%0.09 0.2%0.09 0.19%0.09 0.01 pp
Investor Education and Protection Fund (IEPF) Public 0.15%0.07 0.16%0.08 0.16%0.08 0.16%0.08 0.17%0.08 0.18%0.08 0.17%0.08 0.17%0.08 0
CAMPANULA INVESTMENT & FINANCE PRIVATE LIMITED Promoter New – – – – – – – 0.15%0.07 –
AMIT BABASAHEB KALYANI Promoter 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 0.14%0.07 0.01 pp
GAURISHANKAR NEELKANTH KALYANI Promoter 0.14%0.07 0.14%0.07 0.14%0.07 0.14%0.07 0.14%0.07 0.14%0.07 0.14%0.07 0.14%0.07 0
CORNFLOWER INVESTMENT & FINANCE PRIVATE LIMITED Promoter New – – – – – – – 0.11%0.05 –
HASTINAPUR INVESTMENT & TRADING PVT LTD Promoter 0.04%0.02 0.04%0.02 0.04%0.02 0.04%0.02 0.04%0.02 0.04%0.02 0.04%0.02 0.04%0.02 0
DRONACHARYA INVESTMENT AND TRADING LIMITED Promoter 0.03%0.02 0.03%0.02 0.03%0.02 0.03%0.02 0.03%0.02 0.03%0.02 0.03%0.02 0.03%0.02 0
ABOLI INVESTMENT PVT LTD. Promoter 0.03%0.01 0.03%0.01 0.03%0.01 0.03%0.01 0.03%0.01 0.03%0.01 0.03%0.01 0.03%0.01 0
ROHINI GAURISHANKAR KALYANI Promoter 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0
BABASAHEB NEELKANTH KALYANI Promoter 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0.02%0.01 0
WATHAR INVESTMENT & TRADING CO. PVT. LTD Promoter 0.01%0.01 0.01%0.01 0.01%0.01 0.01%0.01 0.01%0.01 0.01%0.01 0.01%0.01 0.01%0.01 0
SHEETAL GAURISHANKAR KALYANI Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
VIRAJ GAURISHANKAR KALYANI Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
DEEKSHA AMIT KALYANI Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
BABASAHEB KALYANI FAMILY TRUST Promoter 0%0 0%0 0%0 – 0%0 0%0 0%0 0%0 0
ROHINI GAURISHANKAR KALYANI (Trustee of GNK Family Trust) Promoter – 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
ROHINI GAURISHANKAR KALYANI (Trustee of Sheetal Kalyani Trust) Promoter – 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
CORNFLOWER INVESTMENT & FINANCE LIMITED Promoter Exited / below 1% 0.11%0.05 0.11%0.05 0.11%0.05 0.11%0.05 0.11%0.05 0.11%0.05 0.11%0.05 – –
CAMPANULA INVESTMENT & FINANCE LIMITED Promoter Exited / below 1% 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 0.15%0.07 – –
Kotak Flexicap Fund Institution Exited / below 1% 4.3%2.05 4%1.91 3.71%1.77 3.3%1.58 3.39%1.62 3.18%1.52 3.16%1.51 – –
Aditya Birla Sun Life Trustee Private Limited A/C Aditya Birla Sun Life Flexi Cap Fund Institution Exited / below 1% 1.28%0.61 1.05%0.50 1.02%0.49 1.08%0.52 1.06%0.51 1.25%0.60 1.35%0.65 – –
Life Insurance Corporation Of India Institution Exited / below 1% 3.46%1.65 4.04%1.93 4.95%2.37 4.96%2.37 4.96%2.37 4.46%2.13 3.41%1.63 – –
SBI Large & Midcap Fund Institution Exited / below 1% – 2.26%1.08 2.71%1.29 3.02%1.44 2.61%1.25 2.92%1.40 2.4%1.15 – –
1. Larsen And Toubro Gratuity Fund 2. L And T Officers And Supervisors Gratuity Fund Public Exited / below 1% – – 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 – –
Nippon Life India Trustee Ltd-A/C Nippon India Growth Mid Cap Fund Institution Exited / below 1% – – – 1.96%0.94 2.09%1.00 1.41%0.67 1.41%0.67 – –
HDFC Mutual Fund - HDFC Defence Fund Institution Exited / below 1% – – – – 3.95%1.89 3.9%1.87 3.99%1.91 – –
Motilal Oswal Nifty India Defence Index Fund Institution Exited / below 1% – – – – 1.02%0.49 1.06%0.51 1.04%0.50 – –
NPS Trust- A/C SBI Pension Fund Scheme - State Govt. Institution Exited / below 1% – – – – – – 3.48%1.67 – –
NPS Trust- A/C HDFC Pension Fund Management Limited Scheme E - Tier I Institution Exited / below 1% – – 1.45%0.69 1.6%0.76 2.32%1.11 2.95%1.41 – – –
ICICI Prudential Multicap Fund Institution Exited / below 1% – – – – – 1.27%0.61 – – –
Amansa Holdings Private Limited Institution Exited / below 1% 1.99%0.95 1.93%0.92 1.62%0.78 1.62%0.78 1.14%0.55 – – – –
ICICI Prudential Large & Mid Cap Fund Institution Exited / below 1% – 1.91%0.91 1.82%0.87 1.59%0.76 2.09%1.00 – – – –
Dsp Midcap Fund Institution Exited / below 1% 1.75%0.84 1.72%0.82 1.3%0.62 1%0.48 – – – – –
HDFC Mutual Fund - HDFC Mid-Cap Fund Institution Exited / below 1% – – 2.76%1.32 3.71%1.77 – – – – –
Nippon Life India Trustee Ltd-A/C Nippon India Growth Fund Institution Exited / below 1% 2.36%1.13 2.49%1.19 2.41%1.15 – – – – – –
HDFC Mutual Fund - HDFC Mid-Cap Opportunities Fund Institution Exited / below 1% – 2.2%1.05 – – – – – – –
NPS Trust - HDFC Pension Fund Management Limited Scheme E -Tier 1 Institution Exited / below 1% – 1.27%0.61 – – – – – – –
L AND T OFFICERS AND SUPERVISORS GRATUITY FUND and LARSEN AND TOURBO GRATUITY FUND Public Exited / below 1% – 0%0.00 – – – – – – –
Icici Prudential Large and Mid Cap Fund Institution Exited / below 1% 2.1%1.01 – – – – – – – –
SBI Automotive Opportunity Fund Institution Exited / below 1% 1.11%0.53 – – – – – – – –
Nps Trust- A/C Hdfc Pension Management Company Ltd Scheme E - Tier I Institution Exited / below 1% 1.82%0.87 – – – – – – – –
1. Larsen And Toubro Gratuity Fund2. L And T Officers And Supervisors Gratuity Fund Public Exited / below 1% 0%0.00 – – – – – – – –

Companies only disclose holders with 1% or more, so “Exited / below 1%” can also mean the stake fell under 1%. “pp” = percentage points.

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