Sun Pharma Advanced Research Company 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 65.67% 0
FII / FPI 3.75% 0.15 pp
DII 0.1% 0.02 pp
Retail & others 30.49% 0.15 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters65.67%65.67%65.67%65.67%65.67%65.67%65.67%65.67%
FII / FPI2.23%1.45%1.47%1.76%2.04%2.04%3.9%3.75%
DII0.62%1.12%0.96%1.04%0.78%0.87%0.08%0.1%
Retail & others31.48%31.76%31.89%31.53%31.51%31.42%30.34%30.49%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

21 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)
Shanghvi Finance Private Limited Promoter 42.28%13.72 – – 42.28%13.72 42.28%13.72 42.28%13.72 42.28%13.72 42.28%13.72 0
DILIP.S.SHANGHVI Promoter – 19.05%6.18 19.05%6.18 19.05%6.18 19.05%6.18 19.05%6.18 19.05%6.18 19.05%6.18 0
Sun Pharmaceutical Industries Key Employees Benefit Trust Public 3.18%1.03 3.18%1.03 3.18%1.03 3.18%1.03 3.18%1.03 3.18%1.03 3.18%1.03 3.18%1.03 0
Lakshdeep Investments & Finance (P) Ltd. Public 1.86%0.60 1.86%0.60 1.86%0.60 1.86%0.60 1.86%0.60 1.86%0.60 1.86%0.60 1.86%0.60 0
Aditya Medisales Limited Promoter 1.51%0.49 1.51%0.49 1.51%0.49 1.51%0.49 1.51%0.49 1.51%0.49 1.51%0.49 1.51%0.49 0
Raksha Sudhir Valia Promoter – 1.28%0.41 1.28%0.41 1.28%0.41 1.28%0.41 1.28%0.41 1.28%0.41 1.28%0.41 0
Paresh Mohanlal Parekh Public 1.12%0.36 1.12%0.36 1.12%0.36 1.12%0.36 1.12%0.36 – 1.13%0.37 1.13%0.37 0
Vijay Mohanlal Parekh Public 1.13%0.37 1.13%0.37 1.13%0.37 1.13%0.37 1.13%0.37 – 2.26%0.73 1.13%0.37 1.13 pp
ENAM HOLDINGS PVT LTD Public New – 1.04%0.34 1.04%0.34 1.04%0.34 1.04%0.34 – – 1.04%0.34 –
SUDHIR VRUNDAVANDAS VALIA Promoter – 0.57%0.18 0.57%0.18 0.57%0.18 0.57%0.18 0.57%0.18 0.57%0.18 0.57%0.18 0
Unimed Investments Limited Promoter 0.39%0.13 0.39%0.13 0.39%0.13 0.39%0.13 0.39%0.13 0.39%0.13 0.39%0.13 0.39%0.13 0
Vibha Dilip Shanghvi Promoter 0.33%0.11 0.33%0.11 0.33%0.11 0.33%0.11 0.33%0.11 0.33%0.11 0.33%0.11 0.33%0.11 0
Aalok Dilip Shanghvi Promoter 0.11%0.04 0.11%0.04 0.11%0.04 0.11%0.04 0.11%0.04 0.11%0.04 0.11%0.04 0.11%0.04 0
Vidhi Dilip Shanghvi Promoter 0.11%0.03 0.11%0.03 0.11%0.03 0.11%0.03 0.11%0.03 0.11%0.03 0.11%0.03 0.11%0.03 0
SHANGHVI FAMILY & FRIENDS BENEFIT TRUST Promoter – 0.05%0.02 0.05%0.02 0.05%0.02 0.05%0.02 0.05%0.02 0.05%0.02 0.05%0.02 0
LLP Public New – 0.29%0.09 0.25%0.08 0.23%0.07 0.2%0.06 0.21%0.07 – 0.05%0.02 –
KUMUD SHANTILAL SHANGHVI 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
Flamboyawer Finance Private Limited 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
Krishna Vrundavandas Valia Promoter – – – – – – 0%0 0%0 0
Shanghvi Universal Private Limited Promoter – – – – – – 0%0.00 0%0.00 0
Sun Petro Private Limited Promoter – – – – – – 0%0.00 0%0.00 0
Enam Securities Private Limited Public Exited / below 1% 1.04%0.34 – – – – 1.04%0.34 1.04%0.34 – –
Sanghvi Properties Private Limited Promoter Exited / below 1% 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 – – –
Gujarat Sun Pharmaceutical Industries Pvt Ltd Promoter Exited / below 1% 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 – – –
Psl Limited Public Exited / below 1% – – – – – 2.16%0.70 – – –
SHANGHVI FINANCE PRIVATE LTD Promoter Exited / below 1% – 42.28%13.72 42.28%13.72 – – – – – –
Dilip Shantilal Shanghvi Promoter Exited / below 1% 19.05%6.18 – – – – – – – –
Sudhir Valia Promoter Exited / below 1% 0.57%0.18 – – – – – – – –
Kumud S. Shanghvi Promoter Exited / below 1% 0.01%0.00 – – – – – – – –
Shanghvi Family & Friends Benefit Trust (Kumud S. Shanghvi and Dilip S. Shanghvi) Promoter Exited / below 1% 0.05%0.02 – – – – – – – –
Raksha S.Valia Promoter Exited / below 1% 1.28%0.41 – – – – – – – –
Rekha Jhunjhunwala Public Exited / below 1% 1.59%0.52 – – – – – – – –

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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