Promoter family restructures holdings via trusts for succession planning
ASHAPURMIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On 1 Sep 2026, Ashapura Minechem promoters reshuffled stakes via off-market, zero-cost gifts. Dina Chetan Shah transferred 66,96,379 shares (7.01 percent) to Himani Ankur Shah Family Trust, taking her direct holding from 9.63 percent to 2.62 percent. Chetan Navnitlal Shah transferred 99.99 percent of promoter group firm Ashapura Industrial Finance, which holds 1,69,55,819 shares (17.75 percent), to Manan Chetan Shah Family Trust. All moves are part of succession planning under a SEBI exemption order dated Dec 2025.
Internal promoter family reshuffle via trusts, total promoter group stake unchanged. No material impact on minority shareholders.