Ashapura Minechem Limited has sent physical letters to shareholders who have not registered their email addresses, providing a web-link to the notice for its 45th Annual General Meeting and the Annual Report for FY26.

The company issued the communication on September 3, 2026, in compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The letter serves as a statutory disclosure mechanism for members whose contact details are not updated with the company, depositories, or the Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

Meeting Details

The 45th Annual General Meeting is scheduled for Tuesday, September 29, 2026, at 3:00 pm. The event will be conducted through Video Conferencing or Other Audio Visual Means. Shareholders can access the complete details of the Annual Report for the Financial Year 2025-26 via the investor relations section of the company’s website.

Regulatory Compliance

The dispatch targets members identified as of the cut-off date on Friday, August 28, 2026. Sachin Polke, Company Secretary and President (Corporate Affairs), signed the letter, urging shareholders to update their email addresses with their depository participants or the RTA to receive future communications electronically and support green initiatives.

Manan Chetan Shah Family Trust has filed an indirect acquisition disclosure for Ashapura Minechem following the acquisition of a controlling stake in a promoter group company.

The trust acquired 49,994 equity shares, representing 99.99% of Ashapura Industrial Finance Limited, on September 1, 2026. This transaction was executed without consideration to streamline succession planning and ensure the continued welfare of the promoter family. The filing specifically addresses the change in indirect holding of Mr. Chetan Navnitlal Shah.

Transaction Details

The acquisition is compliant with Regulation 29 (1) & (2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The trust obtained an exemption under SEBI Exemption Order NO. WTM/KCV/CFD/16/2025-26 pursuant to sub-section (1) of section 11 and clause (h) of sub-section (2) of section 11 of the Securities and Exchange Board of India Act, 1992.

Ashapura Industrial Finance Limited holds 1,69,55,819 equity shares in Ashapura Minechem, representing 17.75% of the listed entity’s total share capital. Consequently, the filing constitutes an indirect acquisition by the Manan Chetan Shah Family Trust.

Shareholding Structure

The direct holding of the Manan Chetan Shah Family Trust in Ashapura Minechem remained unchanged at 16,71,707 shares, or 1.75% of the total voting capital, both before and after the transaction. The total equity share capital of the target company stands at 9,55,26,098 equity shares of ₹2/- each.

Chetan Navnitlal Shah, the seller in this inter-se transfer, holds a direct stake of 66,77,767 shares, representing 6.99% of the total voting capital. This holding remained unchanged before and after the transaction.