The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chetan Shah

27th August, 2026 The Dy. General Manager, The Dy. General Manager, BSE Limited National Stock Exchange of India Ltd., Corporate Relations & Services Dept., Corporate Relations Dept., P. J. Towers, Dalal Street, Exchange Plaza, Bandra-Kurla Complex, Mumbai - 400 023 Bandra (E), Mumbai – 400 051 Scrip Code: 527001 Scrip Code: ASHAPURMIN Dear Sir/Madam, Sub: Compliance of Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2011 As required under the Regulation 29 (2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations 2018, please find attached disclosure in relation to the acquisition of 25,000 Equity Shares in Open Market in the format as prescribed under the aforesaid Regulation. Thanking You, Yours faithfully, Chetan Navnitlal Shah Encl.: As above C.C. to: Ashapura Minechem Limited Jeevan Udyog Building, 3rd Floor, D. N. Road, Fort, Mumbai – 400 001 FORMAT FOR DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011 1. Name of the Target Company (TC) Ashapura Minechem Limited 2. Name(s) of the acquirer and Persons Acting in Concert (PAC) with the Chetan Navnitlal Shah acquirer 3. Whether the acquirer belongs to Promoter/Promoter group 4. Name(s) of the Stock Exchange(s) 1. BSE Limited where the shares of TC are Listed 2. National Stock Exchanges Limited % w.r.t. total % w.r.t. share/voting total diluted 5. Details of the acquisition of Number capital share/voting shares/disposal as follows wherever capital of applicable the TC (*) Before the acquisition / disposal under consideration, holding of: a) Shares carrying voting rights 66,27,767 6.94% 6.94% b) Shares in the nature of encumbrance - - - (pledge/lien/non-disposal undertaking/others) c) Voting rights (VR) otherwise than by - - - shares d) Warrants/convertible securities/any - - - other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) e) Shares encumbered/ invoked/ - - - released by the acquire Total (a+b+c+d) 66,27,767 6.94% 6.94% Details of acquisition/sale a) Shares carrying voting rights 25,000 0.03% 0.03% acquired - - b) VRs acquired otherwise than by - equity shares - - c) Warrants/convertible securities/any - other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify - - holding in each category) acquired d) Shares encumbered/ invoked/ - released by the acquirer Total (a+b+c+d) 25,000 0.03% 0.03% After the acquisition/sale, holding of: a) Shares carrying voting rights 66,52,767 6.96% 6.96% b) Shares encumbered with the - - - acquirer c) VRs otherwise than by equity shares - - - d) Warrants/convertible securities/any - - - other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition Total (a+b+c+d) 66,52,767 6.96% 6.96% 6. Mode of acquisition/sale (e.g. open market/ public issue / rights issue Open Market /preferential allotment / inter-se transfer, etc.) 7. Date of acquisition / sale of shares / VR or date of receipt of intimation of 26th August, 2026 allotment of shares, whichever is applicable 8. Equity share capital / total voting capital of the TC before the said 9,55,26,098 Equity Share of Rs. 2/- each. acquisition 9. Equity share capital/ total voting capital of the TC after the said 9,55,26,098 Equity Share of Rs. 2/- each. acquisition 10. Total diluted share/voting capital of 9,55,26,098 Equity Share of Rs. 2/- each. the TC after the said acquisition Note: (*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Regulation 31 of the Listing Regulations. (**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC. Chetan Navnitlal Shah Place: Mumbai Date: 27th August, 2026