The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Ashapura International Ltd
ORIENTCER · price
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Ashapura International Limited, part of the promoter group of Orient Ceratech Limited, sold 12,57,500 equity shares (1.05% of the company's share capital) in the open market on 19 March 2026. Before the sale, the promoter group held 3,20,99,953 shares (26.83%); after the sale, their holding stands at 3,08,42,453 shares (25.78%). The disclosure was filed by Bombay Minerals Limited (signed by Director Hemul Shah) to comply with SEBI's substantial acquisition and takeovers regulations. The company's total share capital remains unchanged at 11,96,39,200 shares.
This is a minor stake sale by a promoter group entity and is unlikely to materially impact the stock price. Shareholders should note that promoter group holding has reduced modestly from 26.83% to 25.78%, but the promoter group continues to retain a significant stake in the company.