Stuti Jhawar has increased her stake in Usha Martin Ltd by purchasing 10,000 equity shares, according to a disclosure made on September 15, 2025.
The acquisition was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The shares were purchased through the National Stock Exchange (NSE) via open market.
Prior to this acquisition, Stuti Jhawar held 12,40,000 shares, representing 0.41% of the total equity. With the purchase of an additional 10,000 shares, her total holding has increased to 12,50,000 shares, still representing 0.41% of the total equity of Usha Martin Ltd.
The transaction was executed on September 12, 2025.
Details of Shareholding
| Particulars | Before Acquisition | Acquired | After Acquisition |
|---|---|---|---|
| Shares carrying voting rights | 12,40,000 (0.41%) | 10,000 (0.00%) | 12,50,000 (0.41%) |
| Shares in the nature of encumbrance | - (0.00%) | - (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%) |
| Total | 12,40,000 (0.41%) | 10,000 (0.00%) | 12,50,000 (0.41%) |
The equity share capital of Usha Martin Ltd before the acquisition was 12,40,000, which increased to 12,50,000 after the acquisition. The total diluted share/voting capital of the company after the said acquisition is 12,50,000.
Stuti Jhawar is part of the promoter group of Usha Martin Ltd.
The disclosures were made to the National Stock Exchange of India Ltd and the Bombay Stock Exchange.
Stuti Jhawar is part of the promoter group of Usha Martin Ltd.
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