Ashapura Minechem shareholders and shareholding pattern

NSE: ASHAPURMINBSE: 527001Minerals & MiningSmall Cap

₹420.50₹12.20 (2.82%)BSE ₹419.95

Share price at the NSE close on 23 Oct 2026. Previous close ₹432.70.

52-week range of traded prices to 23 Oct 2026

₹411.50Low, 23 Oct 2026₹924.90High, 7 Jan 2026

Market cap: ₹4,017 Cr717th largest listed
P/E: Owners' profit not stated
P/B: 2.4
Dividend yield: 0.48%
ROCE: 13.5%
Debt to equity: 0.88
Volume, NSE: 3,62,98341.4% delivered

Who owns Ashapura Minechem, filing by filing

Per cent of the company's shares. The last ten years of filings, from Dec 2016; the latest is the filing for Sep 2026.

Sep 2026 filing

Promoters48.09%
Foreign institutions19.19%
Indian institutions0.30%
Individuals and others32.42%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Individuals and others

Per cent	Dec 2016Filed 18 Jan	Mar 2017Filed 18 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 14 Oct	Dec 2017Filed 19 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 16 Jul	Sep 2018Filed 12 Oct	Dec 2018Filed 14 Jan	Mar 2019Filed 16 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 4 Jun	Jun 2020Filed 20 Jul	Sep 2020Filed 21 Oct	Dec 2020Filed 19 Jan	Mar 2021Filed 15 Apr	Jun 2021Filed 16 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 17 Jan	Mar 2022Filed 14 Apr	Jun 2022Filed 16 Jul	Sep 2022Filed 21 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 19 Apr	Jun 2023Filed 20 Jul	Sep 2023Filed 17 Oct	Dec 2023Filed 18 Jan	Mar 2024Filed 17 Apr	Jun 2024Filed 15 Jul	Sep 2024Filed 14 Oct	Dec 2024Filed 15 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 8 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 17 Jul	Sep 2026Filed 16 Oct
	48.43%	48.43%	46.32%	45.11%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	40.36%	40.79%	41.42%	41.71%	44.58%	44.58%	44.58%	44.74%	44.79%	45.22%	45.33%	45.33%	45.33%	45.33%	45.39%	45.39%	47.70%	47.70%	47.75%	47.75%	47.79%	47.88%	48.03%	48.03%	48.09%
Indian promoters	48.43%	48.43%	46.32%	45.11%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	39.78%	40.36%	40.79%	41.42%	41.71%	44.58%	44.58%	44.58%	44.74%	44.79%	45.22%	45.33%	45.33%	45.33%	45.33%	45.39%	45.39%	47.70%	47.70%	47.75%	47.75%	47.79%	47.88%	48.03%	48.03%	48.09%
	51.57%	51.57%	53.68%	54.89%	60.22%	60.22%	60.22%	60.22%	60.22%	60.22%	60.22%	60.22%	60.22%	60.22%	60.22%	59.64%	59.21%	58.58%	58.29%	55.42%	55.42%	55.42%	55.26%	55.21%	54.78%	54.67%	54.67%	54.67%	54.67%	54.61%	54.61%	52.30%	52.30%	52.25%	52.25%	52.21%	52.12%	51.97%	51.97%	51.91%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.32%	16.35%	16.99%	17.10%	18.03%	17.57%	17.24%	16.45%	15.72%	16.00%	16.55%	16.42%	18.01%	19.25%	19.51%	19.22%	19.19%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	16.32%	16.35%	15.14%	15.24%	16.17%	15.71%	15.47%	15.22%	14.68%	14.97%	15.32%	15.14%	16.83%	18.53%	18.73%	18.73%	18.71%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	1.85%	1.85%	1.86%	1.85%	1.73%	1.13%	0.92%	0.90%	1.07%	1.11%	1.00%	0.51%	0.59%	0.49%	0.48%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%	0.10%	0.12%	0.13%	0.17%	0.17%	0.19%	0.21%	0.18%	–	–
Foreign Mutual Fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.19%	0.21%	0.18%	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.14%	0.14%	0.14%	0.14%	0.22%	0.20%	0.50%	0.45%	0.13%	0.15%	0.38%	0.26%	0.35%	0.38%	0.33%	0.40%	0.30%
Mutual funds	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.15%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.13%	0.36%	0.36%	0.12%	0.12%	0.16%	0.12%	0.12%	0.21%	0.28%	0.27%	0.27%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Alternative investment funds	–	–	–	–	0.49%	0.49%	0.49%	0.49%	0.49%	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.04%	0.11%	0.08%	0.00%	0.01%	0.10%	0.10%	0.20%	0.14%	0.02%	0.09%	0.03%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.03%	0.02%	0.02%	Under 0.01%	Under 0.01%	Under 0.01%	0.11%	0.03%	0.02%	0.02%	0.02%	0.03%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	38.75%	38.29%	37.54%	37.43%	36.42%	36.91%	36.87%	37.71%	36.44%	36.15%	35.32%	35.57%	33.85%	32.49%	32.13%	32.35%	32.42%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	19.97%	20.17%	18.90%	19.00%	17.72%	18.82%	18.59%	18.20%	19.63%	19.15%	19.42%	19.61%	19.20%	18.76%	19.97%	19.88%	19.99%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	9.02%	9.13%	9.98%	9.57%	8.59%	7.12%	8.12%	8.76%	7.87%	7.25%	6.99%	7.01%	5.32%	5.14%	4.82%	4.94%	4.79%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	6.60%	5.90%	5.84%	5.79%	6.97%	6.62%	6.57%	7.03%	5.44%	5.60%	4.62%	4.70%	4.11%	3.40%	2.32%	2.31%	2.83%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.53%	1.49%	1.41%	1.35%	1.38%	2.13%	1.68%	1.64%	1.57%	1.80%	1.81%	1.84%	1.85%	1.91%	1.92%	1.91%	1.83%
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.63%	1.60%	1.40%	1.72%	1.75%	2.21%	1.91%	2.08%	1.93%	2.34%	2.47%	2.41%	3.35%	3.28%	3.10%	3.30%	2.98%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	Under 0.01%	–	0.11%	Under 0.01%
Market Maker	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.41%	1.32%	1.15%	1.26%	1.61%	1.90%	1.66%	1.74%	1.62%	–	1.75%	1.77%	1.82%	1.80%	1.77%	1.75%	1.99%
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.04%	0.05%	0.03%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	Under 0.01%	Under 0.01%	0.95%	0.91%	0.75%	0.86%	0.90%
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.17%	0.22%	0.22%	0.46%	0.14%	0.31%	0.25%	0.34%	0.31%	–	0.71%	0.63%	0.58%	0.56%	0.58%	0.58%	0.09%
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–
Independent Director	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Promoter shares pledgedShare of the promoters' own shares	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	65.71%	65.71%	65.71%	64.77%	64.09%	63.11%	62.68%	55.76%	55.76%	55.76%	55.56%	55.49%	54.97%	54.83%	54.83%	30.72%	30.72%	30.68%	30.68%	14.79%	14.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Shares in issue	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	8,69,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,14,86,098	9,55,26,098	9,55,26,098	9,55,26,098	9,55,26,098	9,55,26,098	9,55,26,098	9,55,26,098	9,55,26,098	9,55,26,098
Shares locked in	40,00,000	–	–	–	–	–	–	–	–	–	–	–	–	80,88,000	80,88,000	80,88,000	80,88,000	–	–	45,00,000	45,00,000	45,00,000	45,00,000	45,00,000	45,00,000	1,70,20,954	1,70,20,954	1,70,20,954	1,70,20,954	1,70,20,954	45,00,000	85,40,000	40,40,000	40,40,000	40,40,000	40,40,000	40,40,000	40,40,000	–	–
Promoters' shares locked in	40,00,000	–	–	–	–	–	–	–	–	–	–	–	–	80,88,000	80,88,000	80,88,000	80,88,000	–	–	45,00,000	45,00,000	45,00,000	45,00,000	45,00,000	45,00,000	1,70,20,954	1,70,20,954	1,70,20,954	1,70,20,954	1,70,20,954	45,00,000	85,40,000	40,40,000	40,40,000	40,40,000	40,40,000	40,40,000	40,40,000	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Ashapura Minechem shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016Filed 18 Jan	Mar 2017Filed 18 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 14 Oct	Dec 2017Filed 19 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 16 Jul	Sep 2018Filed 12 Oct	Dec 2018Filed 14 Jan	Mar 2019Filed 16 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 4 Jun	Jun 2020Filed 20 Jul	Sep 2020Filed 21 Oct	Dec 2020Filed 19 Jan	Mar 2021Filed 15 Apr	Jun 2021Filed 16 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 17 Jan	Mar 2022Filed 14 Apr	Jun 2022Filed 16 Jul	Sep 2022Filed 21 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 19 Apr	Jun 2023Filed 20 Jul	Sep 2023Filed 17 Oct	Dec 2023Filed 18 Jan	Mar 2024Filed 17 Apr	Jun 2024Filed 15 Jul	Sep 2024Filed 14 Oct	Dec 2024Filed 15 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 8 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 17 Jul	Sep 2026Filed 16 Oct
All shareholders	20,074	19,086	19,992	20,440	22,510	24,342	24,554	24,500	24,383	24,159	23,792	23,138	22,453	21,654	21,026	20,692	20,374	22,375	23,802	23,241	24,002	23,667	26,228	28,424	28,033	26,214	25,557	27,466	31,091	30,415	29,928	33,974	30,705	32,289	33,267	36,096	39,757	43,255	47,193	46,820
	10	10	10	10	10	9	9	9	9	9	9	9	9	9	9	9	9	9	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	11	13	13	14
Indian promoters	10	10	10	10	10	9	9	9	9	9	9	9	9	9	9	9	9	9	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	10	11	13	13	14
	20,064	19,076	19,982	20,430	22,500	24,333	24,545	24,491	24,374	24,150	23,783	23,129	22,444	21,645	21,017	20,683	20,365	22,366	23,792	23,231	23,992	23,657	26,218	28,414	28,023	26,204	25,547	27,456	31,081	30,405	29,918	33,964	30,695	32,279	33,257	36,086	39,746	43,242	47,180	46,806
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	11	11	13	17	24	34	33	42	47	56	57	64	68	88	99	102
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	11	10	12	15	23	32	31	39	43	52	52	58	62	78	89	92
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	1	1	2	1	1	1	2	3	3	4	4	4	9	10	10
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	1	1	1	1	1	1	2	2	1	–	–
Foreign Mutual Fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	2	2	1	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4	4	4	4	7	8	8	6	5	5	9	7	9	11	14	17	13
Mutual funds	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	1	1	1	1	1	1	1	1	1	1	2	2	1	1	2	2	1	2	6	6	6
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
Alternative investment funds	–	–	–	–	1	1	1	1	1	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	1	2	2	1	0	1	1	1	4	5	3	6	3
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	3	3	2	1	2	1	4	2	2	2	3	3	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	28,400	28,008	26,189	25,530	27,432	31,049	30,363	29,879	33,917	30,643	32,214	33,193	36,013	39,667	43,140	47,064	46,691
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	26,961	26,582	24,824	24,151	25,961	29,282	28,594	28,108	31,950	28,751	30,210	31,075	33,819	37,253	40,519	44,270	43,866
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	28	28	33	29	30	26	28	32	31	28	27	28	22	23	22	23	22
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	224	225	213	213	264	292	295	294	316	315	326	335	310	317	334	349	371
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	313	298	299	309	361	472	450	433	465	446	492	530	614	794	794	848	805
Investor education fund	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	872	873	818	825	813	974	993	1,009	1,152	1,100	1,156	1,222	1,245	1,277	1,468	1,571	1,624
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	–	–	–	–	–	–	–	–	1	–	1	1
Market Maker	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	1	1	1	1	1	1	–	1	1	1	1	1	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	806	813	781	798	783	943	966	977	1,117	–	1,097	1,165	1,161	1,200	1,389	1,474	1,557
Director or Director's Relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	–	–	–	–	–	–	–	–	1	–	–	–	–	–
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	48	46	20	5	3	3	3	3	4	–	5	4	30	28	27	32	32
LLP	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13	10	13	18	23	26	22	27	30	–	53	51	52	46	50	63	33
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–	–	–	–	–	–	–	–	–
Independent Director	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–
Independent Director or his relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1

Ashapura Minechem promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is Ashapura Industrial Finance Limited, 17.75%. The filing names 25 more members with no shares.Promoter buying and selling

Holder
Ashapura Industrial Finance LimitedIndian companies, trusts and others	17.75%	1,69,55,819
Himani Ankur Shah Family TrustIndian companies, trusts and others	7.01%	66,96,379
Chetan Navnitlal ShahIndividuals and Hindu undivided families	6.99%	66,77,767
Chaitali Nishit Salot Family TrustIndian companies, trusts and others	5.85%	55,88,340
Manan Chetan ShahIndividuals and Hindu undivided families	4.35%	41,57,135
Dina Chetan ShahIndividuals and Hindu undivided families	2.62%	25,05,981
Manan Chetan Shah Family TrustIndian companies, trusts and others	1.75%	16,71,707
Chaitali Nishit SalotIndividuals and Hindu undivided families	1.34%	12,79,831
Himani Chetan ShahIndividuals and Hindu undivided families	0.15%	1,42,980
Late Navnital Ratanji ShahIndividuals and Hindu undivided families	0.14%	1,29,460
Ashapura Overseas Private LimitedIndian companies, trusts and others	0.13%	1,25,000
Nishit Pradip SalotIndividuals and Hindu undivided families	0.00%	1,095
Gurbarga Trading Co Pvt LtdIndian companies, trusts and others	0.00%	2,520
Hemprabha Trading Co Pvt LtdIndian companies, trusts and others	0.00%	2,520

No promoter shares are reported as pledged.

Largest public holders of Ashapura Minechem, filing by filing

Per cent, on the same shares as the split above.

Holder	Dec 2016Filed 18 Jan	Mar 2017Filed 18 Apr	Jun 2017Filed 12 Jul	Sep 2017Filed 14 Oct	Dec 2017Filed 19 Jan	Mar 2018Filed 17 Apr	Jun 2018Filed 16 Jul	Sep 2018Filed 12 Oct	Dec 2018Filed 14 Jan	Mar 2019Filed 16 Apr	Jun 2019Filed 19 Jul	Sep 2019Filed 18 Oct	Dec 2019Filed 16 Jan	Mar 2020Filed 4 Jun	Jun 2020Filed 20 Jul	Sep 2020Filed 21 Oct	Dec 2020Filed 19 Jan	Mar 2021Filed 15 Apr	Jun 2021Filed 16 Jul	Sep 2021Filed 19 Oct	Dec 2021Filed 17 Jan	Mar 2022Filed 14 Apr	Jun 2022Filed 16 Jul	Sep 2022Filed 21 Oct	Dec 2022Filed 17 Jan	Mar 2023Filed 19 Apr	Jun 2023Filed 20 Jul	Sep 2023Filed 17 Oct	Dec 2023Filed 18 Jan	Mar 2024Filed 17 Apr	Jun 2024Filed 15 Jul	Sep 2024Filed 14 Oct	Dec 2024Filed 15 Jan	Mar 2025Filed 21 Apr	Jun 2025Filed 17 Jul	Sep 2025Filed 23 Oct	Dec 2025Filed 8 Jan	Mar 2026Filed 20 Apr	Jun 2026Filed 17 Jul	Sep 2026Filed 16 Oct
ERISKA INVESTMENT FUND LTDForeign portfolio investors, category I	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.32%	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	4.11%	3.93%	3.93%	3.93%	3.93%	3.93%	3.93%	4.62%	4.62%	7.66%
GRIFFIN GROWTH FUND VCCForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	3.63%	3.63%	3.63%	3.63%	3.63%	3.63%	3.63%	3.63%	3.63%
ALBULA INVESTMENT FUND LTDForeign portfolio investors, category I	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	9.03%	8.34%	7.93%	7.93%	7.93%	7.93%	5.20%	5.20%	5.20%	5.20%	5.20%	5.20%	5.20%	5.20%	4.98%	4.98%	4.98%	4.98%	4.98%	4.98%	4.08%	4.08%	1.04%
Saltoro Alpha, LpForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.26%	1.24%	1.16%	1.08%	–	–	–	–
Copthall Mauritius Investment Limited - Odi AccountForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.22%	1.26%	1.31%	1.30%	1.25%	–	–	–	–	–	–	–	–
LTS Investment Fund LtdForeign portfolio investors, category I	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.71%	4.48%	4.48%	4.48%	4.48%	4.48%	4.48%	4.48%	4.48%	4.37%	3.80%	3.79%	3.79%	–	–	–	–	–	–	–	–	–
Lgof Global Opportunities LimitedForeign portfolio investors, category II	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.45%	3.28%	3.28%	2.73%	1.91%	1.85%	1.85%	1.85%	1.85%	1.85%	1.85%	1.73%	1.13%	–	–	–	–	–	–	–	–	–
Kodai Investment and Trading Co Pvt LtdCompanies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.03%	1.07%	1.08%	1.06%	1.09%	1.15%	1.16%	1.15%	1.19%	1.19%	1.19%	1.15%	1.15%	1.14%	–	–	–	–	–	–	–	–	–	–
Nayana Mahendra RamaniResident individuals, over ₹2 lakh at face value	1.12%	1.12%	1.12%	1.12%	1.71%	1.73%	1.74%	1.63%	1.64%	1.65%	1.65%	1.67%	1.67%	1.67%	1.67%	1.60%	1.59%	1.52%	1.39%	1.32%	1.32%	1.30%	1.15%	1.15%	1.18%	1.18%	1.16%	1.10%	1.10%	–	–	–	–	–	–	–	–	–	–	–
Mahendra Jethalal RamaniResident individuals, over ₹2 lakh at face value	–	–	–	–	1.07%	1.07%	1.07%	1.07%	1.07%	1.10%	1.10%	1.11%	1.12%	1.12%	1.12%	1.12%	1.09%	1.09%	1.09%	1.04%	1.04%	1.04%	1.01%	1.04%	1.04%	1.04%	–	–	–	–	–	–	–	–	–	–	–	–	–	–
India Max Investment Fund LimitedInstitutions Foreign Portfolio Investor	–	–	–	–	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.45%	1.11%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Four Dimensions Securities (India) LtdOther non-institutions	–	1.63%	1.91%	1.91%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Kamal VisariaResident individuals, over ₹2 lakh at face value	1.03%	1.03%	1.03%	1.03%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.