The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for B K Narula HUF
ASHAPURMIN · price
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Awaiting price reaction for this filing.
Ashapura Minechem Ltd has filed a SEBI Regulation 29(2) disclosure regarding promoter Chetan Navnitlal Shah disposing of 72,60,047 equity shares (7.60% of total share capital) through an off-market transaction on 24th February 2026. The shares were transferred without monetary consideration under a SEBI exemption order, solely to streamline succession planning and welfare of the promoter family. Post-transaction, Chetan Navnitlal Shah's holding in the company has reduced from 1,38,07,814 shares (14.45%) to 65,47,767 shares (6.85%). The total equity share capital of the company remains unchanged at 9,55,26,098 shares of Rs. 2 each.
No direct impact on share price since this is an internal promoter family restructuring (off-market, no consideration), not an open-market sale. The overall promoter group shareholding in Ashapura Minechem remains intact; only the individual holding within the promoter family has been reorganised.