Indoco Remedies 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 58.92% 0.06 pp
FII / FPI 1.64% 0.37 pp
DII 16.64% 1.04 pp
Retail & others 22.8% 0.62 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters58.8%58.9%58.9%58.9%58.9%58.86%58.86%58.92%
FII / FPI1.25%1.24%1.22%1.25%1.1%0.94%1.27%1.64%
DII18.9%18.75%18.96%18.16%18.15%18.15%17.68%16.64%
Retail & others21.06%21.11%20.92%21.69%21.85%22.04%22.18%22.8%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

24 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)
SPA HOLDINGS PVT LTD Promoter 19.89%1.83 19.88%1.83 19.88%1.83 19.88%1.83 19.88%1.83 19.86%1.83 19.86%1.83 19.86%1.83 0
SHANTERI INVESTMENT PVT LTD Promoter 17.11%1.58 17.19%1.59 17.19%1.59 17.19%1.59 17.19%1.59 17.18%1.59 17.18%1.59 17.18%1.59 0
KARE FAMILY PRIVATE TRUST Promoter – – – – 14.2%1.31 14.19%1.31 14.19%1.31 14.19%1.31 0
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund Institution New 4.81%0.44 4.8%0.44 – – – 4.8%0.44 – 4.63%0.43 –
Quant Mutual Fund - Quant Small Cap Fund Institution New 4.56%0.42 4.55%0.42 – – – 4.55%0.42 – 4.55%0.42 –
Dsp Healthcare Fund Institution 3.91%0.36 3.98%0.37 4.01%0.37 4.01%0.37 4.01%0.37 4%0.37 4.34%0.40 4.34%0.40 0
PANANDIKAR ADITI MILIND Promoter 6.13%0.56 6.14%0.57 6.14%0.57 6.16%0.57 3.16%0.29 3.16%0.29 3.16%0.29 3.17%0.29 0.01 pp
MADHURA SURESH KARE Promoter 5.65%0.52 5.68%0.52 5.68%0.52 5.69%0.52 2.69%0.25 2.69%0.25 2.69%0.25 2.7%0.25 0.01 pp
Hdfc Value Fund Institution – 1.67%0.15 1.67%0.15 1.66%0.15 1.66%0.15 1.66%0.15 1.66%0.15 1.66%0.15 0
KARE SURESH GOVIND Promoter 4.4%0.41 4.4%0.41 4.4%0.41 4.4%0.41 1.4%0.13 1.4%0.13 1.4%0.13 1.42%0.13 0.02 pp
MANGESHI INVESTMENT PRIVATE LIMITED Public – 1.27%0.12 1.27%0.12 1.27%0.12 1.27%0.12 1.26%0.12 1.26%0.12 1.26%0.12 0
Icici Prudential Healthcare Fund Institution New – – – – – – – 1.25%0.12 –
SURESH GOVIND KARE HUF (Karta- Suresh Govind Kare) Promoter 0.3%0.03 0.3%0.03 0.3%0.03 0.3%0.03 0.3%0.03 0.3%0.03 0.3%0.03 0.3%0.03 0
Investor Education and Protection Fund (IEPF) Public 0.18%0.02 0.18%0.02 0.18%0.02 0.18%0.02 0.16%0.02 0.16%0.02 0.16%0.02 0.16%0.02 0
LLP Public 0.12%0.01 0.15%0.01 0.12%0.01 0.14%0.01 0.17%0.02 0.15%0.01 0.15%0.01 0.14%0.01 0.01 pp
SHARDA RAMNATH KARE Promoter 0.04%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0
PRATIMA AJIT VAIDYA Promoter 0.03%0.00 0.03%0.00 0.03%0.00 0.03%0.00 0.03%0.00 0.03%0.00 0.03%0.00 0.03%0.00 0
KARE ARUNA SURESH Promoter 5.2%0.48 5.2%0.48 5.2%0.48 5.2%0.48 0%0 0%0 0%0 0.02%0.00 0.02 pp
MILIND S PANANDIKAR Promoter 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0
POOJA RAJENDRA PAI Promoter – 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0
MEGH MILIND PANANDIKAR Promoter 0.01%0.00 0.01%0.00 0.01%0.00 0%0 0%0 0%0 0%0 0%0 0
MAHIKA MILIND PANANDIKAR Promoter 0.01%0.00 0.01%0.00 0.01%0.00 0%0 0%0 0%0 0%0 0%0 0
ROHAN ANUP RAMANI Promoter 0.01%0.00 0.01%0.00 0.01%0.00 0%0 0%0 0%0 0%0 0%0 0
RAMANATH GOVIND KARE Promoter – – – 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
NIPPON LIFE INDIA TRUSTEE LTD A/C NIPPON INDIA SMALL CAP FUND Institution Exited / below 1% – – – 4.8%0.44 4.8%0.44 – 4.8%0.44 – –
QUANT MUTUAL FUND QUANT SMALL CAP FUND Institution Exited / below 1% – – – – – – 4.55%0.42 – –
ICICI PRUDENTIAL PHARMA HEALTHCARE AND DIAGANOSTICS (P.H.D.) FUND Institution Exited / below 1% – – – – – – 1.8%0.17 – –
FRANKLIN INDIA SMALL CAP FUND Institution Exited / below 1% – – – 2.2%0.20 2.2%0.20 2.19%0.20 – – –
QUANT MUTUAL FUND-QUANT SMALL CAP FUND Institution Exited / below 1% – – – 4.55%0.42 4.55%0.42 – – – –
RAMNATH GOVIND KARE Promoter Exited / below 1% 0%0.00 0%0.00 0%0.00 – – – – – –
Franklin India Smaller Companies Fund Institution Exited / below 1% 1.48%0.14 2.2%0.20 2.2%0.20 – – – – – –
Tata India Pharma & Healthcare Fund Institution Exited / below 1% 1.32%0.12 1.32%0.12 1.32%0.12 – – – – – –
Nippon Life India Trustee Ltd A/c-Nippon India Small Cap Fund Institution Exited / below 1% – – 4.8%0.44 – – – – – –
Quant Mutual Fund -Quant Small Cap Fund Institution Exited / below 1% – – 4.55%0.42 – – – – – –
Independent Director Public Exited / below 1% – – 0.01%0.00 – – – – – –
SUDHA M PAI Promoter Exited / below 1% 0.01%0.00 – – – – – – – –
Hdfc Trustee Company Ltd. A/C Hdfc Capital Builder Value Fund Institution Exited / below 1% 1.67%0.15 – – – – – – – –
MANGESHI INVESTMENTPRIVATE LIMITED Public Exited / below 1% 1.27%0.12 – – – – – – – –

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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