@mall_kamal Hi, who has reduced? This shareholding pattern is shown in percentage terms. Please look at the actual number of shares held by each category—you may get better insights.
@MoidAnsari11 I listened to the ugro capital management’s reply to your question, but I noticed something interesting — the company’s recent post mentions a book value of ₹211, while the promoter stated ₹191.I’m a long-term investor in this company and have liked this promoter since 2021.
@Tvaasu1 The shareholding percentage decreased because the equity capital increased, possibly due to new shares issued by the company, maybe through ESOP