Ashapura Minechem Limited has scheduled its 45th Annual General Meeting for Tuesday, September 29, 2026, at 3:00 pm via Video Conferencing or Other Audio Visual Means. The company issued the AGM notice on September 3, 2026, and published it in newspapers on September 4, 2026.

The meeting aims to transact business as outlined in the notice dated August 27, 2026. Shareholders can access the complete Annual Report for FY26 through the investor relations section of the company’s website.

E-Voting Process

Members are eligible to cast their votes electronically using the system provided by Central Depository Services (India) Limited. The remote e-voting period commences on Friday, September 25, 2026, at 9:00 am and concludes on Monday, September 28, 2026, at 5:00 pm.

Voting rights are determined by the equity shares held as of the cut-off date, Tuesday, September 22, 2026. Members who have not voted remotely will be eligible to vote during the AGM. Those who have already cast their remote votes may attend the meeting but cannot vote again.

Shareholder Communication

In compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the company sent electronic copies of the notice to members with registered email addresses as of August 28, 2026. Physical letters containing a web-link to the notice were dispatched to shareholders who have not registered their email details.

Sachin Polke, Company Secretary and President (Corporate Affairs), signed the communication. He urged shareholders to update their contact information with depository participants or the Registrar and Share Transfer Agent, MUFG Intime India Private Limited, to receive future communications electronically.

Dividend and Record Date

If declared, the dividend will be paid after September 29, 2026, to members whose names appear in the Register of Members as of close of business on Tuesday, September 22, 2026. This date serves as both the cut-off date for voting rights and the record date for dividend eligibility.

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.