Ashapura Minechem Promoter Chetan Shah Acquires 49,000 Equity Shares in Open Market
Ashapura Minechem Promoter Chetan Shah Acquires 49,000 Equity Shares in Open Market is drawing significant interest across the industry.
Chetan Navnitlal Shah, promoter of Ashapura Minechem Limited, acquired 49,000 equity shares through open market purchase on February 18, 2026. The transaction increased his shareholding from 14.31% to 14.37%, representing an increase from 1,36,73,814 to 1,37,22,814 shares. The disclosure was made under SEBI Regulation 29(2) for substantial acquisition of shares. The company's total equity capital remains at 9,55,26,098 shares of Rs. 2/- each, with listings on BSE and NSE.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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