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    Corporate Announcement
    Security Code : 527001    Company : ASHAPURMIN    
     
    Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligations And Disclosure
    Requirements) Regulations, 2015
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      Exchange Received Time  24-09-2018 14:43:07         Exchange Disseminated Time   24-09-2018 14:43:10              Time Taken   00:00:03
    Based on the transaction statement dated 21.09.2018 as received from the
    Company's Depository Participant, M/s. Indbank Merchant Banking Services Limited, we understand that the pledged shares have been invoked by M/s. ASQ Connect Ltd.(a party to settlement Agreement) to the extent of 100% of pledge on shares of M/s. Ashapura International Limited (Wholly-owned Subsidiary) & M/s. Ashapura Perfoclay Limited (Joint Venture Company i.e. 50% of the Company's share) and 24% of pledge on shares of M/s. Bombay Minerals Limited (Wholly-owned Subsidiary) on 19th September, 2018.

    However, the Company has not received any formal communication in this regard either from ASQ or Milestone.
     

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