Maiden Forgings Ltd.

Shareholders holding 1% or more · latest filing Mar 2026

Ownership split · Mar 2026

Share of total equity by holder type, with change since Sep 2025.

Promoters 71.97% 0
FII / FPI 0% 0
DII 0.15% 0.15 pp
Retail & others 27.88% 0.15 pp
Non-public / other 0% 0
Holder typeSep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Promoters73.37%73.37%73.37%73.37%71.97%71.97%
FII / FPI0%0%0%0%0%0%
DII0%0%0%0%0%0.15%
Retail & others26.63%26.63%26.63%26.63%28.03%27.88%
Non-public / other0%0%0%0%0%0%

Major shareholders

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

Holder Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026 Change (QoQ)
Nivedita Garg Promoter 44.02%0.63 44.02%0.63 44.02%0.63 44.02%0.63 42.62%0.61 42.62%0.61 0
Nishant Garg Promoter 29.35%0.42 29.35%0.42 29.35%0.42 29.35%0.42 29.35%0.42 29.35%0.42 0
MUKESH SHARMA Public – – – – 1.69%0.02 3.17%0.05 1.48 pp
LLP Public New – – – – – 0.23%0.00 –
Mayank Govil Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
Hemant Kumar Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
Harsh Prakash Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
Divya Jaiswal Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
Sarthi Agarwal Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
APOORVA GARG Promoter New – – 0%0.00 0%0.00 – 0%0.00 –
Apporva Garg Promoter Exited / below 1% 0%0.00 0%0.00 – – 0%0.00 – –
MANISH GROVER Public Exited / below 1% 1.52%0.02 1.52%0.02 – – – – –
MONA LAROIA Public Exited / below 1% 1.06%0.02 – – – – – –

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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