ASHAPURMINBSEAshapura Minechem LtdMediumPositive
Announced Mon, 23 Feb · 14:51 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chetan Navnitlal Shah

Promoter Stake BuyOwnership Changes View source PDF

ASHAPURMIN · price

Loading chart…

▲ 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

Chetan Navnitlal Shah, a member of the promoter group of Ashapura Minechem Ltd, bought 85,000 equity shares in the open market on 20th February 2026. This increased his holding from 1,37,22,814 shares (14.37%) to 1,38,07,814 shares (14.45%) of the company. The acquisition represents a 0.09% increase in his stake. The total equity share capital of the company remains 9,55,26,098 shares of Rs. 2 each.

Likely market impact

This is a small promoter buy (0.09% increase), signalling continued promoter confidence but unlikely to move the stock meaningfully on its own. Investors may note that promoter holdings have gradually risen, though 14.45% is still well below takeover thresholds.