As of March 2024, 60.20% is owned by Indian Promoters and 39.80% by Public.

Institutional holds 2.25% (Insurance Companies 1.82%) and Non-Institutional holds 37.55% as Public shareholders.

Top four Promoters holding highest number of shares of Modern Insulator company are Vijay Beneficiary Trust (Through Trustee Sachin Ranka) (164.96 lakhs shares / 34.99%), Jay Beneficiary Trust (Through Trustee Sachin Ranka) (65.31 lakhs shares / 13.85%), Pride Mercantiles Pvt Ltd (53.43 lakhs shares / 11.33%) and Kakunda Investment Pvt Ltd (9807 shares / 0.02%).