Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

| Updated on January 11, 2012 Published on January 11, 2012

Chaitali Chetan Shah has submitted the disclosure under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 to BSE

Name of the Target Company (TC) : Ashapura Minechem Ltd
Name of the Promoter(s) on whose shares encumbrance was created/ invoked/ released : Chaitali Chetan Shah
Date of reporting : December 31, 2011
Names of the stock exchanges where the shares of the target company are listed : BSE,NSE

Details of the promoters’ holding (The terms "event" indicates creation /invocation/ release of encumbrance, as the case may be)
Promoter (s) or PACs with him : Chaitali Chetan Shah

Pre-event holding
Number : 1255620
% of total share capital : 1.59%

Details of events pertaining to encumbrance
Type - creation/ invocation/ release : Creation
Date (s) : -

Post event holding (encumbered shares to be excluded)
Number : 55620
% of total share capital : 0.07%

(*) Details of encumbrance (pledge/lien or others)
1200000 share are pledged with Securities Trading Corporation of India as part of collateral / encumbrances created in consideration of borrowing over a period of time, which has now become reportable under New Takeover Regulations.

Source : BSE - www.bseindia.com

Published on January 11, 2012

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