Titagarh Rail Systems 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 40.46% 0
FII / FPI 11.38% 0.51 pp
DII 15.96% 0.57 pp
Retail & others 32.2% 1.08 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters40.46%40.46%40.46%40.46%40.46%40.46%40.46%40.46%
FII / FPI13.67%11.63%9.49%9.56%10.66%10.67%10.87%11.38%
DII15.01%13.42%11.69%12.78%12.6%12.46%15.39%15.96%
Retail & others30.87%34.5%38.36%37.19%36.28%36.41%33.28%32.2%
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)
Titagarh Capital Management Services Private Limited Promoter 17.87%2.41 17.87%2.41 17.87%2.41 17.87%2.41 17.87%2.41 17.87%2.41 17.87%2.41 17.87%2.41 0
Jagdish Prasad Chowdhary(Trustee of Chowdhury foundation) Promoter 13.52%1.82 – – – – 13.52%1.82 13.52%1.82 13.52%1.82 0
Rashmi Chowdhary Promoter 7.52%1.01 7.52%1.01 7.52%1.01 7.52%1.01 7.52%1.01 7.52%1.01 7.52%1.01 7.52%1.01 0
HDFC LARGE AND MID CAP FUND Institution 3.73%0.50 3.76%0.51 – 3.77%0.51 3.78%0.51 3.84%0.52 3.84%0.52 3.85%0.52 0.01 pp
HSBC Mutual Fund - HSBC Aggressive Hybrid Fund Institution – – – – 1.88%0.25 1.88%0.25 2.77%0.37 2.77%0.37 0
Titagarh Logistics Infrastructures Private Limited Promoter 1.42%0.19 1.42%0.19 1.42%0.19 1.42%0.19 1.42%0.19 1.42%0.19 1.42%0.19 1.42%0.19 0
Mirae Asset Infrastructure Fund Institution – – – – 1.07%0.14 1.09%0.15 1.31%0.18 1.35%0.18 0.04 pp
THE MASTER TRUST BANK OF JAPAN, LTD. AS TRUSTEE OF HSBC INDIA INFRASTRUCTURE EQU Institution 1.19%0.16 1.19%0.16 – 1.19%0.16 1.19%0.16 1.19%0.16 1.08%0.15 1.08%0.15 0
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIO Institution New – – – – – – – 1.06%0.14 –
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND A/C AXIS AGGRESSIVE HYBRID Institution New – – – 1.04%0.14 – – – 1.01%0.14 –
LLP Public 0.14%0.02 0.14%0.02 0.16%0.02 0.17%0.02 0.19%0.03 0.13%0.02 0.12%0.02 0.12%0.02 0
Investor Education and Protection Fund (IEPF) Public 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.07%0.01 0.07%0.01 0.07%0.01 0
Umesh Chowdhary Promoter 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0
Jagdish Prasad Chowdhary Promoter 0.05%0.01 0.05%0.01 0.05%0.01 0.05%0.01 0.05%0.01 0.05%0.01 0.05%0.01 0.05%0.01 0
Vinita Bajoria Promoter 0.02%0.00 0.02%0.00 0.02%0.00 0.02%0.00 0.02%0.00 0.02%0.00 0.02%0.00 0.02%0.00 0
Gaurav Kajaria Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
Savitri Devi Chowdhary Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
Sumita Kandoi Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
Prithish Chowdhary Promoter – 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
Prithish Chowdhary Family Trust Promoter – 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
BIMLA DEVI KAJARIA Promoter – – 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
Jagdish Prasad Chowdhary (Trustee of Chowdhary Foundation) Promoter Exited / below 1% – – 13.52%1.82 13.52%1.82 13.52%1.82 – – – –
HSBC AGGRESSIVE HYBRID FUND Institution Exited / below 1% – – 1.45%0.20 1.51%0.20 – – – – –
MIRAE ASSET ARBITRAGE FUND Institution Exited / below 1% – – – 1.12%0.15 – – – – –
MIRAE ASSET LARGE CAP FUND Institution Exited / below 1% 1%0.13 1.01%0.14 1.01%0.14 – – – – – –
HDFC LARGE AND MID CAPFUND Institution Exited / below 1% – – 3.76%0.51 – – – – – –
THE MASTER TRUST BANK OF JAPAN LTD. AS TRUSTEE OF HSBC INDIA INFRASTRUCTURE EQU Institution Exited / below 1% – – 1.19%0.16 – – – – – –
Bimla Dev Kajaria Promoter Exited / below 1% 0%0.00 0%0.00 – – – – – – –
ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED Institution Exited / below 1% 1.3%0.17 1.19%0.16 – – – – – – –
Jagdish Prasad Chowdhary(Trustee of Chowdhary foundation) Promoter Exited / below 1% – 13.52%1.82 – – – – – – –
EDELWEISS MULTI CAP FUND Institution Exited / below 1% 1.15%0.15 – – – – – – – –
FRANKLIN INDIA MULTI CAP FUND Institution Exited / below 1% 1.01%0.14 – – – – – – – –

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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