Ashapura Minechem 45th AGM: Chetan Shah retires, moves to strategy role; 100% dividend declared

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ASHAPURMIN · price

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Price reactionminutes from the announcement price · days from the prior close

-3.4%Reaction day

₹521.70

prior close

₹526.60

announcement price

After-mkt

timing

Nifty Microcap 250market-0.3%-3.1% vs market

Industrial Minerals peers, median of 13sector-1.0%-2.4% vs sector

On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 2.4 pts less than its Industrial Minerals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-1.3

15m

-1.6

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.4-0.3-3.1-1.0-2.4

Next day

-6.5-1.5-4.9-3.1-3.4

-6.5-1.5-4.9-3.2-3.2

-3.7-0.2-3.4-2.0-1.7

-6.3-0.5-5.8-1.5-4.8

-10.1-3.2-6.9-5.0-5.1

-9.7-2.2-7.5-1.4-8.2

15d

-19.0-9.5-9.5-7.3-11.7

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UpDownMarket · Nifty Microcap 250Sector · Industrial Minerals peers, median of 13Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

At the 45th AGM, Chetan Shah retired as Director by rotation and will join as Chief - Strategy & Planning from October 1, 2026. Company reported consolidated income of Rs 5,237 crore and PBT of Rs 449 crore for FY 25-26. Bauxite exports from Guinea rose to about 8 million tonnes from 3.5 million tonnes. Board recommended a 100% final dividend (Rs 2 per share), double last year's 50%.

Likely market impact

Strong FY25-26 results and doubled dividend signal confidence. Chetan Shah's continued role ensures leadership continuity.