Usha Martin: key shareholders gift equity stakes

Vineeta Adityakumar Ruia has disclosed the disposal of 1,250,000 equity shares of Usha Martin Ltd through a gift, reducing her holding from 0.42% to 0.01%. This transaction, dated November 19, 2025, represents a significant change in her stake in the company.

Concurrently, Rajeev Jhawar has announced the acquisition of 1,250,000 equity shares of Usha Martin Ltd, also through a gift, increasing his holding from 0.93% to 1.34%. This acquisition took place on November 19, 2025, and brings his total shares to 4,085,000. These transactions were reported to the BSE and NSE, as required by SEBI regulations.