Ashapura Minechem promoter Chetan Navnitlal Shah acquired 25,000 equity shares in the open market on August 27, 2026. The transaction increased his total holding to 66,77,767 shares, representing a 6.99% stake in the company.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the Bombay Stock Exchange and the National Stock Exchange of India on August 31, 2026.

Holding Details

Shah held 66,52,767 shares carrying voting rights prior to this transaction, which constituted 6.96% of the total share capital. The company’s total equity share capital remains at 9,55,26,098 shares with a face value of ₹2 each.

No warrants, convertible securities, or other instruments entitling the acquirer to receive shares were involved in the transaction. There were no encumbrances or pledges on the shares held by the promoter.

Ashapura Minechem promoter Chetan Navnitlal Shah acquired 25,000 equity shares in the open market on August 26, 2026. The transaction increases his total holding to 66,52,767 shares.

The acquisition brings Shah’s stake to 6.96% of the company’s total voting capital. This follows a pre-acquisition holding of 66,27,767 shares, which represented 6.94% of the diluted share capital.

What the Numbers Show

The purchase adds 0.03% to the promoter’s voting rights. The total equity share capital of Ashapura Minechem remains unchanged at 9,55,26,098 equity shares of ₹2 each. No warrants or convertible securities were involved in the transaction.

Regulatory Disclosure

The disclosure complies with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was submitted to the BSE and NSE on August 27, 2026.

Shah holds no encumbered shares or other instruments entitling him to voting rights. The mode of acquisition was strictly through the open market.