Foreign institutional investors (FIIs) have raised their stake in Rallis India by 8 basis points to 15.76 percent at the end of September 2014 quarter from 14.96 percent as on June 30, 2014. However, domestic institutional investors (DIIs) have reduced their shareholding in the company by 95 basis points to 5.73 percent at the end of September 2014 quarter from 6.68 percent as on June 30, 2014.
Non Institutions were holding 28.42 percent stake at the end of September 2014 quarter, up 15 basis points from 28.27 percent as on Jun 30, 2014, while corporate bodies were holding 6.46 percent stake at the end of September 2014 quarter, down 21 basis points from 6.67 percent as on June 30, 2014. Further, promoters’ shareholding was unchanged at 50.09 percent at the end of September 2014.
Rallis is one of India’s leading agrochemicals companies, with a century old tradition of servicing rural markets and a comprehensive portfolio of crop care solutions for farmers.