Rajeev Jhawar increases stake in Usha Martin through open market purchase

Rajeev Jhawar has disclosed the purchase of 9,000 equity shares of Usha Martin Ltd, as per Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The acquisition took place on December 5, 2025, through an open market transaction on the National Stock Exchange (NSE).

Prior to this acquisition, Jhawar held 4,163,000 shares, representing 1.37% of Usha Martin's total voting capital. The recent purchase increases his total shareholding to 4,172,000 shares, maintaining his percentage of total voting capital at 1.37%.

The total equity share capital and voting capital of Usha Martin Ltd before and after the acquisition remains 3,047,417,800. The disclosure was made to both the National Stock Exchange and BSE Limited.