Ashapura Logistics Limited disclosed that its promoters and promoter group, along with persons acting in concert, hold 92,21,922 shares as of March 31, 2026. The company confirmed that no shares were encumbered directly or indirectly during the financial year ended March 31, 2026. This declaration ensures that the shareholding remains free from any pledged or charged status, which is a key indicator of financial stability for investors.

The filing was submitted to the National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011. The regulation mandates such disclosures to ensure transparency regarding the shareholding patterns of key stakeholders.

Shareholding Details

The following table outlines the shareholding status of the promoters and promoter group as of the specified date:

The disclosure was signed by Sujith Kurup, Managing Director of Ashapura Logistics Limited, and submitted on April 6, 2026. The company's registered office is located in Ahmedabad, Gujarat.

Ashapura Logistics Limited announced the outcome of its Board Meeting held on May 22, 2026. The meeting focused on the re-appointment of statutory, internal, and secretarial auditors for the company. These appointments are subject to necessary approvals, including shareholder consent where applicable.

Auditor Appointments

The Board approved the re-appointment of M/s Talati & Talati LLP as the Statutory Auditor for a term of two years, covering FY 2026-27 to FY 2027-28. This appointment is subject to the approval of members in the ensuing Annual General Meeting. The firm, a Peer Reviewed Firm of Chartered Accountants in Practice, has an unmodified opinion on the company's financial statements.

Additionally, M/s GBP & Associates was re-appointed as the Internal Auditor for FY 2026-27. The Board also approved the re-appointment of M/s Keyur J. Shah & Associates as the Secretarial Auditor for a term of two years from FY 2026-27 to FY 2027-28.

Financial Context

The company recently reported its audited financial results for the year ended March 31, 2026. Revenue from operations for the year stood at Rs 25,126.38 lakh, compared to Rs 17,554.54 lakh in the previous year. The profit for the period was Rs 648.14 lakh, with basic earnings per share (EPS) recorded at Rs 4.78.