Advit Jewels Shareholding: Key Changes in September 2026
Key highlights
- Advit Jewels promoters held 69.88% as of September 30, 2026, unchanged from June 2026.
- FII holding declined 2.16 percentage points to 1.76% in September 2026 from 3.92% in June.
- Public or retail-and-other holding increased 6.49 percentage points to 23.47% in September 2026.
- Ramesh Sawalram Saraogi and Navratri Share Trading increased their combined holding to 6.5488% after acquiring 2,00,000 shares on September 18, 2026.
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Advit Jewels Ltd's September 2026 shareholding pattern shows promoters retaining control with a 69.88% stake. The quarterly data also records a reduction in foreign institutional investor and domestic institutional investor holdings compared with June 2026. Public shareholding rose to 23.47% from 16.98% over the same period. Separately, disclosures in October reported promoter-level transfers and an open-market purchase by Ramesh Sawalram Saraogi and Navratri Share Trading Pvt Ltd. These changes matter because they show how ownership has shifted within and outside the promoter group while the overall promoter holding remained unchanged.
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September 2026 ownership structure
The latest reported pattern places promoter ownership at 69.88% as of September 30, 2026. Foreign institutional investors held 1.76% and domestic institutional investors held 4.89%. Public and retail-and-other holdings were reported at 23.47% in the quarterly comparison. Mutual funds accounted for 1.20% of the company, while other DIIs held 3.69%. Together, mutual funds and other DIIs add up to the reported 4.89% DII holding. No promoter shares were reported as pledged in either June or September 2026.
Promoter holding remains unchanged
Promoter holding was 69.88% in both June 2026 and September 2026. This indicates that the quarterly aggregate promoter stake did not change despite subsequent disclosures concerning transfers between promoter entities. The reported promoter stake was substantially lower than the 100% shown for September 2025. The available data therefore reflects a broader ownership base in 2026, even as promoters continued to hold a clear majority of the equity. The company data does not indicate a change of one full percentage point in any ownership group over the last three quarters.
Institutional ownership declined quarter on quarter
FII ownership declined from 3.92% in June 2026 to 1.76% in September 2026. This represents a fall of 2.16 percentage points. DII ownership declined from 9.22% to 4.89% over the same comparison, a decrease of 4.33 percentage points. Within the DII category, mutual fund holding fell from 2.69% to 1.20%. Other DII holding was reported at 3.69% in September, compared with 6.53% in June. The figures point to a lower institutional share of the company at the end of the September quarter.
Public holding rises to 23.47%
Public holding increased to 23.47% in September 2026 from 16.98% in June 2026. That is an increase of 6.49 percentage points. Another dataset categorised 23.46% as “Others”, a rounding difference from the 23.47% public figure. The quarterly table also showed the number of shareholders falling to 15,869 in September from 43,293 in June. The source data does not provide a reason for the change in shareholder count or the reclassification of holdings. Investors should therefore distinguish between the reported ownership percentages and the number of individual shareholders.
Key quarterly shareholding figures
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Promoter transfer involving Abhishek Gilara
A disclosure stated that promoter Abhishek Gilara acquired 77,78,430 equity shares from fellow promoter Vipul Gilara on October 16, 2026. The transferred stake represented 16.98% of Advit Jewels' total diluted share and voting capital. Abhishek Gilara's holding rose from nil to 16.98% after the transaction. Vipul Gilara's holding fell from 34.38% to 17.40%, according to the related disclosure. The filing was submitted to BSE and NSE on October 19, 2026. As this was described as an inter-se promoter transfer, it did not alter the aggregate promoter ownership reported at 69.88%.
Ramesh Saraogi and PAC purchase shares
Ramesh Sawalram Saraogi and Person Acting in Concert Navratri Share Trading Pvt Ltd acquired 2,00,000 Advit Jewels shares through the open market. The transaction was executed on September 18, 2026, according to the disclosure. Their combined holding increased from 28,00,000 shares, or 6.1122%, to 30,00,000 shares, or 6.5488%. Ramesh Saraogi held 10,00,000 shares, or 1.75%, after the purchase. Navratri Share Trading Pvt Ltd held 22,00,000 shares, or 4.36%, after the purchase. The disclosure was filed on October 19 under the SEBI Substantial Acquisition of Shares and Takeovers Regulations, 2011.
What the data means for investors
The September pattern shows that promoter control remained stable while non-promoter ownership changed materially across categories. Lower FII and DII holdings coincided with a larger public and retail-and-other share. The promoter transfer disclosed in October changed ownership among individual promoters rather than the promoter group's overall stake. The Saraogi and Navratri transaction provides a separately disclosed holding of 6.5488%, but the supplied data does not specify how it is classified in the quarterly category tables. No share-price movement, revenue figure, earnings update, or operating development was provided alongside these ownership disclosures. As a result, the available information supports an assessment of ownership changes but not a conclusion about financial performance or valuation.
Conclusion
Advit Jewels ended September 2026 with promoters holding 69.88%, FIIs holding 1.76%, DIIs holding 4.89%, and public or retail-and-other investors holding 23.47%. The quarter saw reduced institutional ownership and a higher public share. October disclosures also recorded an inter-se promoter transfer and an open-market acquisition by Ramesh Saraogi and Navratri Share Trading. Investors can track subsequent quarterly filings and exchange disclosures for any further changes in these ownership categories.


