Usha Martin promoter Stuti Jhawar increases stake

Stuti Jhawar, a promoter in Usha Martin Ltd., has disclosed the acquisition of 10,000 equity shares in the company on September 11, 2025. This transaction falls under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were acquired via an open market purchase on the National Stock Exchange (NSE).

Prior to this acquisition, Stuti Jhawar held 1,230,000 shares, representing 0.40% of Usha Martin's total voting capital. Following the purchase, the total holding has increased to 1,240,000 shares, bringing the stake to 0.41% of the total voting capital. The diluted share/voting capital after the acquisition is also 1,240,000 shares.

Usha Martin Ltd. shares are listed on the Mumbai Stock Exchange (BSE), the National Stock Exchange of India Ltd (NSE), and Societe de la Bourse de Luxembourg (GDR).