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HomeNewsBusinessMarketsStuti Jhawar Hikes Stake in Usha Martin by 15,000 Shares

Stuti Jhawar Hikes Stake in Usha Martin by 15,000 Shares

Stuti Jhawar Hikes Stake in Usha Martin by 15,000 Shares

September 19, 2025 / 12:15 IST
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Stuti Jhawar increased her stake in Usha Martin Ltd by purchasing 15,000 equity shares through an open market transaction on the National Stock Exchange (NSE) on September 18, 2025. Following this acquisition, Jhawar's holding in Usha Martin has risen from 12,60,000 shares to 12,75,000 shares, representing 0.42% of the total equity.

Prior to the acquisition, Jhawar held 12,60,000 shares, which constituted 0.41% of the company's equity. The shares were acquired through the National Stock Exchange (NSE) - Open Market.

Shareholding Details
ParticularsBefore AcquisitionAfter Acquisition
Shares Carrying Voting Rights12,60,000 (0.41%)12,75,000 (0.42%)
Shares in the nature of encumbrance- (0.00%)- (0.00%)
Voting rights (VR) otherwise than by equity shares- (0.00%)- (0.00%)
Warrants/convertible securities/ any other instrument- (0.00%)- (0.00%)
Total12,60,000 (0.41%)12,75,000 (0.42%)

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The equity share capital of Usha Martin before the acquisition was 12,60,000 and after the acquisition is 12,75,000.

The total diluted share/voting capital of the TC after the said acquisition/sale is 12,75,000.

Stuti Jhawar has increased her stake in Usha Martin Ltd by purchasing 15,000 equity shares through an open market transaction on the National Stock Exchange (NSE) on September 18, 2025.

Alpha Desk
first published: Sep 19, 2025 12:15 pm

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