Shareholding Pattern: Damani portfolio shifts in 2026

Promoter holding update for March 2026 quarter

Promoter holding remained unchanged at 63.16% in the March 2026 quarter, according to the shareholding pattern update shared in the note. The update matters because stability in promoter ownership is often tracked by investors alongside changes in public and institutional stakes. In the same set of updates, market participants also tracked activity by veteran investor Ramesh Damani, whose positions are typically visible through quarterly shareholding filings when thresholds are met.

Damani’s December 2025 activity: a new engineering name

Damani made a bulk purchase of 27,500 shares in John Cockerill India in late December 2025. The company is described as an engineering firm specialising in industrial equipment. The note flagged this as a potential new “theme addition” to Damani’s convictions. It also cautioned that the purchase may not yet reflect in quarterly filings, implying that disclosure timing and reporting thresholds could delay visibility.

Fresh addition: Wim Plast enters the list

Alongside John Cockerill India, the update highlighted another December 2025 change: Damani acquired shares of Wim Plast. Wim Plast is described as being known for the CELLO brand, a plastic consumer brand. The holding is marked as “New” in the December 2025 change column in the data provided, indicating it was not shown in earlier quarter snapshots.

Stake increase: Panama Petrochem inches up

The note also pointed to a stake increase in Panama Petrochem. In the tabulated snapshot, Panama Petrochem shows a December 2025 holding of 1.10% with a Dec 2025 change % of 0.1, while the text separately states Damani increased his stake by 0.12%. Both references indicate an upward move in ownership during the period, even if the exact increment is presented differently across the included snippets.

Damani’s disclosed holdings: what the numbers show

The data shared describes Damani’s publicly listed portfolio as notably concentrated, with stakes typically around 1% to 1.5% in small- to mid-cap companies, spanning areas such as tech, petchem, and speciality plastics.

Key holdings snapshot (as per the provided table)

All holding values below are normalised to ₹ crore.

Panama Petrochem: business profile and stock moves cited

Panama Petrochem Ltd (PPL) is described as an integrated manufacturer and exporter of speciality petroleum products (SPPs), incorporated in 1975 and headquartered in Mumbai. The products are described as essential for end industries including inks, textiles, cosmetics, and power. The note includes multiple market price references for the stock across different points: it mentions a trading session where the share price was ₹281.6, up ₹4.5 from the previous close, with an intraday range of ₹274.85 to ₹282.4. It also states a past-year return of -20.69%.

Separately, the content also lists a line showing ₹294.80 (+₹8.50, 2.97%) 1D, and another reference that the “current price” is 269.20 INR, down -0.44% in 24 hours. Since these appear as different snippets, they should be read as quoted market datapoints rather than a single continuous price series.

A look-back reference: Damani’s earlier Panama Petrochem entry

The provided text also includes an older market reference: Panama Petrochem shares “surged 15%” on the BSE to around ₹295 after the company released its shareholding pattern, and it states Damani bought a 1.26% stake or 616,379 shares during the December quarter in that context (the snippet cites December 2021 BSE shareholding data). Another portion says that as of “September-end”, Damani held 636,379 shares or a 1.27% stake.

These older references sit alongside the December 2025 holdings table, indicating that Damani’s reported stake in the company has been tracked by the market for some time, with public reporting reflecting holdings around the 1% to 1.3% band at different points.

Shareholding highlights mentioned for Panama Petrochem

The note states that the company’s promoters, the Rayani family, hold 70.36%, while the public holds 29.64%. It also states that no mutual funds hold the stock (as per the included snippet). Among public shareholders cited in the text, Ramesh Damani is listed with 636,379 shares (1.27%), and Anil Kumar Goel with 760,000 shares (1.52%). The snippet also mentions AVIATOR GLOBAL INVESTMENT FUND with 1,125,000 shares (2.25%).

Why these updates matter for investors tracking filings

The March 2026 promoter holding figure provides a quick read on ownership stability, while Damani’s December 2025 buys highlight how market participants use bulk deals and quarterly disclosures to map conviction changes. The data also reinforces that the positions tracked here are not broad-based index exposures but small, concentrated stakes around the 1% to 1.5% range. And the John Cockerill India purchase stands out because it points to interest in an industrial equipment and engineering name that may only become visible later through regular filings.

Conclusion

The shareholding update combines a stable promoter holding figure of 63.16% for the March 2026 quarter with notable investor activity around December 2025, including Damani’s 27,500-share John Cockerill India bulk purchase and a new entry into Wim Plast. The next confirmation points for investors are subsequent quarterly shareholding disclosures that may reflect these changes more fully.