The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chetan Navnitlal Shah
ASHAPURMIN · price
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Awaiting price reaction for this filing.
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.
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.