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Vardhman Special Steels Ltd.

Shareholders holding 1% or more · latest filing Sep 2026

MF holdings Company page

Ownership split · Sep 2026

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

Promoters 51.18% 0.12 pp
FII / FPI 0.57% 0.02 pp
DII 2.52% 0.75 pp
Retail & others 45.73% 0.61 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters60.49%60.37%60.37%51.13%51.1%51.06%51.06%51.18%
FII / FPI0.58%0.65%0.58%0.55%0.54%0.55%0.55%0.57%
DII4.51%4.17%4.18%3.64%3.31%3.34%3.27%2.52%
Retail & others34.42%34.81%34.87%44.69%45.04%45.05%45.12%45.73%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

27 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)
AICHI STEEL CORPORATION Public 11.35%0.93 11.33%0.93 11.33%0.93 24.9%2.40 24.88%2.40 24.85%2.40 24.85%2.40 24.85%2.40 0
VARDHMAN TEXTILES LIMITED Promoter 23.81%1.94 23.76%1.94 23.76%1.94 20.12%1.94 20.11%1.94 20.08%1.94 20.08%1.94 20.21%1.95 0.13 pp
SACHIT JAIN Promoter 13.76%1.12 13.75%1.12 13.75%1.12 11.65%1.12 11.64%1.12 11.65%1.13 11.65%1.13 11.64%1.13 0.01 pp
VARDHMAN HOLDINGS LIMITED Promoter 12.8%1.04 12.77%1.04 12.77%1.04 10.82%1.04 10.81%1.04 10.8%1.04 10.8%1.04 10.79%1.04 0.01 pp
DEVAKAR INVESTMENT AND TRADING COMPANY PRIVATE LIMITED Promoter 5.43%0.44 5.42%0.44 5.42%0.44 4.59%0.44 4.59%0.44 4.58%0.44 4.58%0.44 4.58%0.44 0
TATA MUTUAL FUND - TATA SMALL CAP FUND Institution 2.78%0.23 2.91%0.24 2.91%0.24 2.46%0.24 2.46%0.24 2.46%0.24 2.46%0.24 2.46%0.24 0
DEEP J MASTER Public 2.45%0.20 2.45%0.20 2.45%0.20 2.07%0.20 2.07%0.20 2.07%0.20 2.07%0.20 2.07%0.20 0
MAHAVIR SHARES TRUST (DEEPAK JAIN, TRUSTEE) Promoter 1.31%0.11 1.3%0.11 1.3%0.11 1.1%0.11 1.1%0.11 1.1%0.11 1.1%0.11 1.1%0.11 0
LLP Public 0.67%0.05 0.68%0.06 1.15%0.09 0.99%0.10 0.95%0.09 0.95%0.09 1.05%0.10 1.06%0.10 0.01 pp
CATAMARAN VENTURES LLP Public – – – – – – 1.02%0.10 1.02%0.10 0
VTL INVESTMENTS LIMITED Promoter 0.93%0.08 0.92%0.08 0.92%0.08 0.78%0.08 0.78%0.08 0.78%0.08 0.78%0.08 0.78%0.08 0
SHRI PAUL OSWAL Promoter 0.54%0.04 0.54%0.04 0.54%0.04 0.46%0.04 0.46%0.04 0.46%0.04 0.46%0.04 0.46%0.04 0
FLAMINGO FINANCE AND INVESTMENT COMPANY LIMITED Promoter 0.48%0.04 0.48%0.04 0.48%0.04 0.41%0.04 0.41%0.04 0.41%0.04 0.41%0.04 0.41%0.04 0
SANTON FINANCE AND INVESTMENT COMPANY LIMITED Promoter 0.41%0.03 0.41%0.03 0.41%0.03 0.35%0.03 0.35%0.03 0.35%0.03 0.35%0.03 0.35%0.03 0
RAMANIYA FINANCE AND INVESTMENT COMPANY LIMITED Promoter 0.38%0.03 0.38%0.03 0.38%0.03 0.32%0.03 0.32%0.03 0.32%0.03 0.32%0.03 0.32%0.03 0
SUCHITA JAIN Promoter 0.22%0.02 0.22%0.02 0.22%0.02 0.19%0.02 0.19%0.02 0.19%0.02 0.19%0.02 0.19%0.02 0
SHAKUN OSWAL Promoter 0.13%0.01 0.13%0.01 0.13%0.01 0.11%0.01 0.11%0.01 0.11%0.01 0.11%0.01 0.11%0.01 0
SHRI PAUL OSWAL, PARTNER, AMBER SYNDICATE Promoter 0.07%0.01 0.07%0.01 0.07%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0
SHRI PAUL OSWAL, PARTNER, NORTHERN TRADING COMPANY Promoter 0.07%0.01 0.07%0.01 0.07%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0
SHRI PAUL OSWAL, PARTNER, PARAS SYNDICATE Promoter 0.07%0.01 0.07%0.01 0.07%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0.06%0.01 0
SHAKUN OSWAL, PARTNER, EASTERN TRADING COMPANY Promoter 0.05%0.00 0.05%0.00 0.05%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0.04%0.00 0
SOUMYA JAIN 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
MAHAVIR SPINNING MILLS PRIVATE LIMITED 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
SAGRIKA VIR Promoter – – – 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0.01%0.00 0
ADISHWAR ENTERPRISES LLP Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
SP OSWAL TRUST (SHRI PAUL OSWAL, TRUSTEE) Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
MRS. SHAKUN OSWAL TRUST (SHRI PAUL OSWAL, TRUSTEE) Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
ICICI PRUDENTIAL SMALLCAP FUND Institution Exited / below 1% 1.23%0.10 1.22%0.10 1.22%0.10 1.13%0.11 – – – – –
SAGRIKA JAIN Promoter Exited / below 1% 0.01%0.00 0.01%0.00 0.01%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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