Share Holding Patterns on 31st March 2005
  Category No. of Shares
held
Percentage of
Shareholding
A. Promoter's holding    
1. Promoters    
Indian Promoters 995,978,223 66.80
  Tata Teleservices Limited 714,317,891 47.91
  The Tata Power Company Limited 161,565,693 10.84
  Tata Sons Limited 119,499,639 8.01
  Panatone Finvest Limited 15,000 0.00
  Trent Brands Limited 80,000 0.01
  Tata Investment Corporation Limited 500,000 0.03
2. Persons acting in Concert N.A. N.A.
  Sub-Total 995,978,223 66.80
B. Non-Promoters Holding    
3. Institutional Investors    
a. Mutual Funds and UTI 18,313,477 1.23
 
b. Banks, Financial Institutions, Insurance Companies (Central / State Govt. Institutions / Non-government Institutions) 75,332,171 5.05
  Industrial Developement Bank of India 32,804,729 2.20
  Life Insurance Corporation of India 32,333,300 2.17
 
c. FIIs 35,705,048 2.39
  Citigroup Global Markets mauritius Pvt.Ltd.-FCCB A/C 16,813,882 1.13
 
d. Foreign Banks 12,875,950 0.86
 
  Sub-Total (a. + b. + c. + d.) 142,226,646 9.54
4. Others    
a. Private Corporate Bodies (Including Trusts) 77,418,848 5.19
 
b. Indian Public 270,050,112 18.11
     
c. NRIs / OCBs 5,300,573 0.36
  NRIs 5,300,573 0.36
  OCBs - 0.00
 
  Sub-Total (a. + b. + c.) 352,769,533 23.66
 
  GRAND TOTAL 1,490,974,402 100.00
 
  Total Foreign Shareholding (Foreign Promoters/FIIs/NRIs/OCBs) 53,881,571 3.61
  GDR & ADR Holdings N.A. N.A.

Note:
On March 18, 2005, the Company has allotted 2,60,65,963 equity shares pursuant to conversion of Foreign Currency Convertible Bonds (FCCBs). These shares are yet to be credited to the respective demat accounts of the FCCBs holders as the listing approvals from the Stock Exchanges for these shares are awaited.