Company Ashapura Minechem Limited Bombay S.E.

ASHAPURMIN

INE348A01023

Diversified Mining

Market Closed - Bombay S.E. Other stock markets 03:41:04 25/06/2026 pm IST			5-day change	1st Jan Change
671.95 ^INR	-2.89%		-5.19%	-23.57%

28/05	Ashapura Minechem Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2026	CI
28/05	Ashapura Minechem Limited Recommends Final Dividend for the Year 2025-2026	CI

Business description: Ashapura Minechem Limited

Ashapura Minechem Limited is an India-based company, which is engaged in the mining, manufacturing and trading of various minerals and its derivative products and related services. The Company has a network of operations pan-India and in seven other countries. From soaps to steel, energy to edible oils, metal to medicine and cement to ceramics, it offers multi-mineral solutions across several industries. Its products include Industrial Functional Minerals, Advanced Refractory Materials, Hydrocarbon Exploration Solutions, Adsorbent Solutions, White Performance Minerals, Super Specialty Refined Mineral Products, Building Materials and Chemicals, Kaolin, Silica Sand, and Ball Clay. It is a producer of advanced refractory materials with a portfolio of castable, high alumina cement, calcined bauxite, and fused alumina. It provides enriched drilling mud to oilfield solutions companies across their global drilling bases in the North Sea, Middle East, South Asia, and Africa.

Number of employees: 1,560

Sales by Activity: Ashapura Minechem Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Minerals and Its Derivative Products	1.15TCr	1.28TCr	1.83TCr	2.65TCr	2.74TCr

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Geographical breakdown of sales: Ashapura Minechem Limited

Fiscal Period: March	2021 (INR)	2022 (INR)	2023 (INR)	2024 (INR)	2025 (INR)
Export	826.19Cr	955.9Cr	1.49TCr	2.27TCr	2.26TCr
India	312.43Cr	295.68Cr	305.54Cr	345.27Cr	431Cr
Unallocated	9.49Cr	26Cr	34Cr	34Cr	45Cr

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Executive Committee: Ashapura Minechem Limited

Manager	Title	Age	Since
Hemul Ramesh Shah CEO	Chief Executive Officer	65	16/02/2020
Ashish Desai DFI	Director of Finance/CFO	-	12/06/2019
Sandeep Deshpande ADM	Chief Administrative Officer	-	01/11/2021
Sachin Prakash Polke CMP	Compliance Officer	-	-
Avijit Mukherjee SAM	Sales & Marketing	-	-

See ASHAPURA MINECHEM LIMITED governance

Composition of the Board of Directors: Ashapura Minechem Limited

Director	Title	Age	Since
Chetan Navnitlal Shah CHM	Chairman	71	30/06/2015
Surekha Sathe BRD	Director/Board Member	-	30/05/2025
Hemul Ramesh Shah BRD	Director/Board Member	65	16/02/2020
Himani Shah BRD	Director/Board Member	47	10/02/2020
Dipak Vora BRD	Director/Board Member	-	23/01/2025
Jagdish Shett BRD	Director/Board Member	-	05/02/2026
Wilson Mathais BRD	Director/Board Member	-	05/02/2026

Composition of the Board of Directors

Shareholders: Ashapura Minechem Limited

Name	Stocks	%	Valuation
Ashapura Industrial Finance Ltd. 17.75 %	1,69,55,819	17.75 %	132 M ₹
Dina Shah 9.633 %	92,02,360	9.633 %	72 M ₹
Chetan Navnitlal Shah 6.938 %	66,27,767	6.938 %	52 M ₹
Manan Chetan Shah 4.352 %	41,57,135	4.352 %	32 M ₹
Monterosa Investments Holdings Ltd. 3.933 %	37,57,345	3.933 %	29 M ₹

List of ASHAPURA MINECHEM LIMITED shareholders

Holdings: Ashapura Minechem Limited

Name	Stocks	%	Valuation
ORIENT CERATECH LIMITED 31.11%	3,72,17,589	31.11%	16 M $

Company details: Ashapura Minechem Limited

Ashapura Minechem Ltd.

Jeevan Udyog Building

400001, Mumbai

+91 22 6665 1700

http://www.ashapura.com

address Ashapura Minechem Limited(ASHAPURMIN)

Group companies: Ashapura Minechem Limited

Name	Category and Sector
Bombay Minerals Ltd. Bombay Minerals Ltd. Construction MaterialsNon-Energy Minerals Engages in bauxite mining	Construction Materials
Bombay Minerals Ltd. Bombay Minerals Ltd. Construction MaterialsNon-Energy Minerals Engages in bauxite mining	Construction Materials
Ashapura International Ltd. Ashapura International Ltd. Construction MaterialsNon-Energy Minerals Engages in quarrying of stone, sand and clay	Construction Materials
Ashapura International Ltd. Ashapura International Ltd. Construction MaterialsNon-Energy Minerals Engages in quarrying of stone, sand and clay	Construction Materials

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Integrated Mining

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