Ashapura Minechem Limited — Others, 14-08-2025: Action(s) taken or orders passed

Ashapura Minechem's office and Executive Chairman's residence were recently subject to a search by the Directorate of Enforcement. Authorities collected documents and digital records, and a freezing order was issued for some of the company's bank accounts. This action stems from an earlier iron ore export case. The company maintains that it does not foresee any significant operational or financial impact, confirming full cooperation with authorities and commitment to protecting its legal rights.