Promoters reduced their stake by 15.68% YoY and 1.49% QoQ, contrasting with sector averages where promoter holdings remained stable.

Institutions showed no change in shareholding, indicating a lack of confidence or interest in Agribio Spirits compared to the sector's performance.

Public shareholding increased by 18.02% YoY, suggesting retail interest, but this may be reactive to past performance rather than indicative of future stability.