Ashapura Minechem Limited Submits Q4FY26 SEBI Depositories Compliance Certificate

1 min read     Updated on 07 Apr 2026, 06:40 PM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Ashapura Minechem Limited submitted its Q4FY26 compliance certificate under SEBI Regulation 74(5) on April 7, 2026, covering dematerialisation activities for the quarter ended March 31, 2026. The certificate, confirmed by registrar MUFG Intime India Private Limited, validates proper handling of securities dematerialisation, timely processing of acceptance/rejection decisions, and adherence to prescribed timelines for depositories compliance.

powered bylight_fuzz_icon
37113000

*this image is generated using AI for illustrative purposes only.

Ashapura minechem Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory obligations under SEBI depositories regulations for the quarter ended March 31, 2026. The submission, dated April 7, 2026, addresses mandatory requirements for companies regarding dematerialisation activities and depositories compliance.

Regulatory Compliance Details

The certificate was submitted under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates quarterly reporting of dematerialisation activities. The document was filed with both BSE Limited and National Stock Exchange of India Limited through official communication channels.

Parameter: Details
Regulation: SEBI Regulation 74(5)
Quarter Covered: Q4FY26 (ended March 31, 2026)
Filing Date: April 7, 2026
Reference Number: Minechem/Stock Exch/Letter/8420

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited, serving as the company's registrar and share transfer agent, issued the confirmation certificate. The registrar holds SEBI Registration Number INR000004058 and operates under CIN U67190MH1999PTC118368.

The registrar confirmed several key compliance aspects:

  • Securities received from depository participants for dematerialisation during Q4FY26 were properly confirmed
  • All securities were either accepted or rejected to depositories within prescribed timelines
  • Security certificates received for dematerialisation were mutilated and cancelled after due verification
  • Depositories' names were substituted in the register of members as registered owners

Certificate Authentication

The submission was authenticated by Sachin Polke, Company Secretary and President (Corporate Affairs) of Ashapura Minechem Limited. The document bears digital signature dated April 7, 2026, ensuring proper authorization and compliance with filing requirements.

Filing Details: Information
Authorized Signatory: Sachin Polke
Designation: Company Secretary & President (Corporate Affairs)
Digital Signature Date: April 7, 2026
Registrar Signatory: Ashok Shetty, Sr. Vice President-Corporate Registry

Stock Exchange Communication

The certificate was simultaneously submitted to both major Indian stock exchanges where Ashapura Minechem Limited shares are listed. The communication addressed the Deputy General Managers of Corporate Relations departments at both exchanges, ensuring comprehensive regulatory compliance across all trading platforms.

This quarterly filing represents standard regulatory practice for listed companies, demonstrating ongoing compliance with SEBI depositories regulations and maintaining transparency in securities handling processes.

Historical Stock Returns for Ashapura Minechem

1 Day5 Days1 Month6 Months1 Year5 Years
-0.82%+7.39%-0.21%-24.07%+47.36%+355.08%

Will Ashapura Minechem's consistent regulatory compliance improve its ESG ratings and attract institutional investors in FY27?

How might the company's dematerialization activities impact its share liquidity and trading volumes in upcoming quarters?

Could this compliance track record position Ashapura Minechem favorably for potential index inclusions or upgrades?

Ashapura Minechem Promoter Chetan Shah Increases Stake with 80,000 Share Acquisition

1 min read     Updated on 31 Mar 2026, 01:19 AM
scanx
Reviewed by
Radhika SScanX News Team
AI Summary

Chetan Navnitlal Shah, promoter of Ashapura Minechem Limited, acquired 80,000 equity shares through open market transactions on March 27, 2026, increasing his shareholding from 6.85% to 6.94%. The acquisition was disclosed in compliance with SEBI regulations, with the company maintaining its equity share capital of 9,55,26,098 shares of Rs. 2/- each. The transaction demonstrates the promoter's continued confidence in the company's prospects.

powered bylight_fuzz_icon
36445788

*this image is generated using AI for illustrative purposes only.

Ashapura minechem Limited has disclosed that its promoter Chetan Navnitlal Shah acquired 80,000 equity shares through open market transactions on March 27, 2026. The acquisition was disclosed in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011.

Transaction Details

The share acquisition represents a strategic increase in the promoter's stake in the company. The transaction details are presented below:

Parameter Before Acquisition Acquisition After Acquisition
Shares Held 65,47,767 80,000 66,27,767
Percentage Holding 6.85% 0.08% 6.94%
Mode of Acquisition - Open Market -
Transaction Date - March 27, 2026 -

Shareholding Structure

The company's equity structure remained unchanged following the transaction. Key details of the shareholding structure include:

Details Information
Total Equity Shares 9,55,26,098
Face Value per Share Rs. 2/-
Acquirer Status Promoter
Stock Exchanges BSE Limited, National Stock Exchange

Regulatory Compliance

The disclosure was made on March 30, 2026, in accordance with SEBI regulations governing substantial acquisition of shares. The transaction involved only voting equity shares, with no encumbrances, warrants, or convertible securities involved in the acquisition.

Chetan Navnitlal Shah's increased shareholding demonstrates continued confidence in the company's prospects. The acquisition was executed through open market purchases, indicating transparent market-based transactions. The promoter's stake increase from 6.85% to 6.94% reflects a modest but meaningful enhancement in ownership position.

Market Presence

Ashapura Minechem Limited's shares are listed on both BSE Limited (Scrip Code: 527001) and National Stock Exchange of India Limited (Scrip Code: ASHAPURMIN). The company maintains its equity base of 9,55,26,098 shares with a face value of Rs. 2/- each, providing stability in its capital structure.

Historical Stock Returns for Ashapura Minechem

1 Day5 Days1 Month6 Months1 Year5 Years
-0.82%+7.39%-0.21%-24.07%+47.36%+355.08%

Will Chetan Navnitlal Shah continue accumulating shares to reach a higher ownership threshold that could trigger mandatory open offer requirements?

How might this promoter stake increase influence Ashapura Minechem's upcoming strategic decisions or capital allocation plans?

Could this acquisition signal potential corporate restructuring or merger activities within the Ashapura group companies?

More News on Ashapura Minechem

1 Year Returns:+47.36%