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:

Shareholding Structure

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

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.

Ashapura Industrial Finance Limited has disclosed the sale of equity shares in Ashapura Minechem Limited, in compliance with SEBI's substantial acquisition regulations. The transaction represents a minor reduction in the promoter group's shareholding in the target company.

Transaction Details

The share sale transaction involved specific quantities and resulted in a marginal change in shareholding percentage. The following table summarizes the key transaction parameters:

Shareholding Changes

The transaction resulted in a reduction of Ashapura Industrial Finance Limited's stake in Ashapura Minechem Limited. The company's shareholding position before and after the transaction shows the following changes:

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011. Ashapura Industrial Finance Limited belongs to the promoter group of Ashapura Minechem Limited, making this disclosure mandatory for the transaction.

Company Information

Ashapura Minechem Limited's equity shares are listed on both BSE Limited and National Stock Exchange of India Limited. The company's total equity share capital remains unchanged at 9,55,26,098 equity shares of Rs. 2/- each following this transaction.

The disclosure was signed by Suryakant Shah as the authorized signatory for Ashapura Industrial Finance Limited on 30th March, 2026, and communicated to both stock exchanges where the target company's shares are listed.