ASHAPURMINBSEAshapura Minechem LtdLowPositive
Announced Wed, 24 Dec · 10:09 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashapura Industrial Finance Ltd

Promoter Stake BuyPromoter Below 50pctOwnership Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ashapura Industrial Finance Ltd, part of the promoter group of Ashapura Minechem Ltd, has disclosed an open market purchase of 40,000 equity shares on 22nd December 2025 under Regulation 29(2) of SEBI (SAST) Regulations, 2011. The acquisition raised the promoter group's stake from 1,69,55,819 shares (17.75%) to 1,69,95,819 shares (17.79%), a marginal increase of 0.04%. The total equity share capital of Ashapura Minechem stands at 9,55,26,098 shares of Rs. 2 each. This is a small creeping acquisition by the promoter entity, well within the SEBI-prescribed limits.

Likely market impact

The purchase signals continued promoter group confidence in the company, though the tiny size (0.04%) means minimal impact on shareholding pattern or stock price. Retail investors should note that promoter holding remains comfortably below the 50% mark, leaving room for further changes.