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Ashapura Minechem gets nod to sell Chamotte Plant to Orient Abrasives

22 Apr 2023 Evaluate

Ashapura Minechem has received an approval for sale/transfer of its Chamotte Plant to Orient Abrasives, an Associate Company, subject to the approval of Shareholders by way of postal ballot. The company shall receive consideration of Rs 21 crore for the said sale/transfer. The Board of Directors of the company at its meeting held on April 21, 2023 has approved the same.

Ashapura Minechem is the mine owner and exporter of bentonite. The company also has business interests in iron ore, bleaching clay, kaolin and barites. They have also recently diversified into bauxite. 


Ashapura Minechem Share Price

684.75 21.05 (3.17%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Coal India 456.35
NMDC 88.80
GMDC 684.70
Sandur Manganese 241.35
MOIL 315.65
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