• Global Network
  • Career
  • Contact
  • About us
    • Fulfilling Aspirations
    • Milestones
    • Leadership Team
    • Ashapura in Guinea

    Ashapura means “fulfilling aspirations” of all our stakeholders such as customers, employees, shareholders, the environment and the society as a whole. Know more about our group’s philosophy.

    View major milestones from Ashapura's journey of more than 60 years.

    Ashapura has been a leading mine-owner, processor & exporter of various industrial minerals like Bentonite, Bauxite, Bleaching Clay etc

    Meet the leaders of Ashapura who are shaping its vision and progressively leading the group.

  • Products
    • Industrial Functional Minerals
    • Advanced Refractory Materials
    • Hydrocarbon Exploration Solutions
    • Adsorbent Solutions
    • White Performance Minerals
    • Super Speciality Refined Mineral Products
    • Building Materials and Chemicals
    • Kaolin
    • Silica Sand
    • Ball Clay
    • 15% market share in global Bauxite exports.

    • Worlds 3rd largest producer of Bentonite.

    • India's 2nd largest producer of Kaolin.

    India's largest producer of refractory.

    Pioneer & largest producer of proppants in India.

    Worlds third largest Bleaching Clay producer.

    India's largest white minerals solutions provider.

    India's leading speciality minerals producer.

    Wide range of products for waterproofing

    Ashapura Kaolin

    Ashapura Silica Sand

    Ashapura Ball Clay

  • Sustainabilty
    • Environment
    • Ashapura Foundation
    • HM Craft Park
    • Vande Mataram Memorial

    Ashapura has always sought to minimise the environmental impact of its activities and to continually seek to explore environment friendly ways of mining and mineral processing.

    Ashapura Foundation is a non-profit which works towards social, cultural and rural development of Kutch District of Gujarat, India. Read more about the organisations projects and initiatives.

    Hiralaxmi Memorial Craft park is our group’s project with a vision to preserve, restore and promote the arts of Kutch and make them accessible to masses. Explore more about HM Craft Park.

    First of its kind, Vande Mataram is a 4D memorial dedicated to Indian Freedom Struggle. Know more about this project.

  • Investors
    • Investors Corner
    • Financial Highlights
    • Corporate Governance
    • Share Performance

    Download Policies and other investor communications.

    Browse through this section for financial-highlights figures, corporate governance reports and other related information regarding Ashapura.

    Know about Board of Directors and browse through Reports, framework and systems for corporate governance.

  • Online Payment
    • Ashapura Minechem Payment
    • Bombay Minerals Payment

    Online Payment for Ashapura Minechem Ltd.

    Online Payment for Bombay Mineral Ltd.

About us

  • Fulfilling Aspirations
  • Milestones
  • Leadership Team
  • Ashapura in Guinea

Products

  • Industrial Functional Minerals
  • Advanced refractory Materials
  • Hydrocarbon Exploration Solutions
  • Adsorbent Solutions
  • White Performance Minerals
  • Super Speciality Refined Mineral Products
  • Building Materials and Chemicals
  • Kaolin
  • Silica Sand
  • Ball Clay

Sustainability

  • Environment
  • Ashapura Foundation
  • HM Craft Park
  • Vande Mataram Memorial

Investors

  • Investors Corner
  • Financial Highlights
  • Corporate Governance
  • Share Performance

Online Payment

  • AML Payment
  • BML Payment

LEADERSHIP TEAM

Board of Directors of Ashapura Minechem Ltd.

Shri Chetan Shah

Executive Chairman

Shri Abhilash Munsif

Non-Executive Independent Director

Shri Harish Motiwalla

Non-Executive Independent Director

Shri Pundarik Sanyal

Non-Executive Independent Director

Smt Neeta Shah

Non – Executive Independent Director

Shri Hemul Shah

Executive Director & CEO

Smt Himani Shah

Non-Executive Non Independent Director


Management

  • Smt. Geetha Nerurkar

    Executive Director, Ashapura International Ltd.

  • Shri Chetan Mehra

    Executive Director, Ashapura Perfoclay Ltd.

  • Shri Avijit Mukherjee

    President, Marketing

  • Shri Sachin Polke

    Vice President, Company Secretary

  • Shri Ashish Desai

    Chief Financial Officer (CFO)

Shri Chetan Shah

Executive Chairman

Chetan Shah is a Management Graduate and has been associated with the group for the last 42 years. Under his guidance and tutelage, the Ashapura Group has metamorphosed from a single product – single location company into a multi-mineral solutions conglomerate spread over 8 countries across the globe offering more than 120 products. Globally, Ashapura is a preferred supplier of more than 10 million tons of minerals to over 70 countries.

Chetan Shah is a perennial source of inspiration for the Group’s 2,800 + employees. Ashapura has greatly benefited from his inclination to share his dreams and their fruits with all the group’s stakeholders.

The Ashapura Group over the years has imbibed its philanthropic streak from Chetan Shah, the Ashapura Foundation has touched thousands of lives through its initiatives in water harvesting, education, vocation training and women’s empowerment and social upliftment through the restoration and promotion of arts & crafts from Gujarat.

Shri Rajnikant Pajwani

(Whole Time Director & Chief Executive Officer)

Shri Rajnikant Pajwani is a mechanical engineer by qualification. He is endowed with expertise in aspects of mining, mineral processing, projects, logistics, resource development and business development by virtue of his over 3 decades of rich and varied experience in the mining and mineral processing industry.

Shri Rajnikant Pajwani’s global expertise in regulatory and policy aspects of the mining industry coupled with his techo-commercial acumen would make him a welcome addition to the august of Board of Directors of Ashapura Minechem Ltd.

Shri Ashok Kadakia

(Non-Executive Independent Director)

Ashok Kadakia is an Industrialist with over 3 decades of experience in Chemical Industry.

Shri Abhilash Munsif

(Non-Executive Independent Director)

Abhilash Munsif is a well-experienced diplomat, fully conversant with the working of United Nation systems and the High Level Commissions. He has worked for 8 years in private sector in London. He has also held positions at CFO / CAO / Director Level with several organs of United Nations in Switzerland, Asia & Africa and with High Level Commissions like “South Commission”, comprising 18 countries & Summit level group of Developing Countries (G-15) comprising 15 countries.

His last assignment was with ‘World Intellectual Property Organization (Geneva) as the Director of Finance for 8 years. He has travelled extensively to over 50 countries, has met several heads of the states and/or governments, and has established excellent connections at the highest level in several countries in Asia, Africa, Latin America and the Middle East.

Shri Harish Motiwalla

(Non-Executive Independent Director)

Harish Motiwalla is a fellow Member of Institute of Chartered accountants of India. He is also a Law Graduate. He has also completed DISA certification Course conducted by Institute of Chartered Accountants of India. He is a Practising Chartered Accountant and has vast expertise in the field of accounts, finance and corporate governance.

Shri Pundarik Sanyal

(Non-Executive Independent Director)

Shri Pundarik Sanyal, B.Sc. Tech. (Textile Technology), has over 30 years of expertise in various areas of the banking industry. After working for about two and a half years in the shop floor of top Textile Mills in Ahmedabad, he joined Bank of India in the year 1973 as a Direct Recruit Officer. In a span of 34 years, he worked in London Branch as an officer in Credit and Management Information Department, posted as country head in Africa for over three and a half years and worked as a Top Executive Grade VII - General Manager from May 2001.

He showed 6 years of consistent high performance as MD on deputation to a lending NBFC & holding company for a Primary dealer in G-Sec, Equity Broking (since sold to Standard Chartered Bank) & Commodity Broking. He also served as a Govt. of India nominated Director in Central Warehousing Corporation of India under the Ministry of Food & Agriculture.

Shri Hemul Shah

(Executive Director & CEO)

Mrs. Neeta Shah

Non – Executive Independent Director

Smt Himani Shah

(Non-Executive Non Independent Director)

Domain Leadership

  • Worlds 3rd largest producer of Bentonite.
  • Worlds 3rd largest Bleaching Clay producer.
  • India's largest producer of refactory material.
  • India's largest producer of proppants.

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