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Ashapura Minechem Ltd
NSE: ASHAPURMIN BSE: 527001
₹537.35
(0.96%)
Wed, 23 Sept 2026, 05:17 pm
Market Cap (in Cr)5090.11
PE Ratio12.62
Dividend0.19
Non-Energy Minerals
Other Metals/Minerals
24.5KCompany History
1982
- The Company was formed as a private limited company.
- The Company became a deemed public limited company.
1989
- Ashapura International Limited was incorporated.
1991
- The Company became a deemed public limited company.
1992
- The company was converted into a public limited company.
1996
- The Company concluded a Memorandum of Understanding with American Colloid Company for a future collaboration.
1997
- Shri Bachubhai N. Shah was appointed as an Additional Director.
1999
- The Promoters made a Public Offer of 12,00,000 Equity Shares of the Company.
- Mr. John Hughes and Mr. Frank B. Wright, Jr. were appointed as Additional Directors on the Board.
2000
- Mr. Larry Washow and Mr. Kanitbhai Parmar were appointed as Directors.
2002
- Mr. Frank B Wright, Jr resigned as Director of the Company.
- Mr. Gary Castagna was appointed as the Additional Director of the Company.
- Mr. Gary Morrison and Mr. Ryan Mckendrick were appointed as Alternate Directors.
- The company acquired the remaining 49% of the equity share capital of Bombay Minerals Ltd.
2003
- Members approved the delisting of the company's equity shares from Delhi and Madras Stock Exchanges.
2005
- Ashapura Minechem signed a JV deal with a Chinese firm for a Kutch plant.
2006
- The company split its Face value of Shares from Rs 10 to Rs 2.
2007
- The Company issued Bonus Shares in the Ratio of 1:1.
2008
- Shri Jayesh Doshi was appointed as the Chief Financial Officer of the Company.
2010
- Mr. Rajiv Gandhi was appointed as the Company's Chief Financial Officer and took charge of his office.
- Ashapura Minechem set out to achieve financial closure for its 1mtpa Alumina project.
2011
- Export-Import Bank of India nominated Shri Rajendra Khanna to represent them on the Board of the Company.
2013
- Arun Chadha was appointed as Special Director of the company.
2016
- Ashapura Minechem established India's first Proppants manufacturing set-up at Kutch.
2017
- The company acquired the entire stake of Ashapura Resources Private Limited.