Usha Martin Rajeev Jhawar Acquires 12,50,000 Equity Shares via Gift

Rajeev Jhawar has acquired 12,50,000 equity shares of Usha Martin Ltd. through a gift, representing 0.41% of the total equity. This acquisition increases Jhawar’s total holding to 40,85,000 shares, equivalent to 1.34% of the total equity and voting capital. The transaction was completed on November 19, 2025.

Shareholding Update

Rajeev Jhawar has increased his stake in Usha Martin Ltd. through the acquisition of shares via a gift. The acquisition, completed on November 19, 2025, involved 12,50,000 equity shares.

Details of the Acquisition

Prior to this acquisition, Rajeev Jhawar held 28,35,000 shares, representing 0.93% of the total equity. The acquisition of 12,50,000 shares increases his total holding to 40,85,000 shares, which now constitute 1.34% of the company’s total equity and voting capital.

Post-Acquisition Holdings

Following the gift acquisition, Rajeev Jhawar’s holding stands at 40,85,000 shares, equivalent to 1.34% of Usha Martin Ltd.’s total equity and voting capital of 30,47,41,780. The acquisition was executed via gift/acquisition.

Source: BSE

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