Peterhouse Investments: Sells 0.05% Stake in Usha Martin

Peterhouse Investments Limited has completed the sale of 150,000 equity shares in Usha Martin Limited, representing approximately 0.05% of the company’s total diluted share capital. The transaction occurred on September 10, 2026, through the Open Market on the National Stock Exchange. Following this disposal, Peterhouse Investments’ holding in Usha Martin has reduced to 2,450,000 equity shares (including GDRs convertible into equity), accounting for 0.80% of the total diluted capital.

Share Disposal by Peterhouse Investments

Peterhouse Investments Limited has announced the sale of a portion of its equity holding in Usha Martin Limited. The disposal involved 150,000 equity shares, which constitutes 0.05% of the total diluted share capital of Usha Martin. The transaction was executed via the Open Market on the National Stock Exchange on September 10, 2026.

Holding Post-Sale

Prior to this transaction, Peterhouse Investments held 2,600,000 equity shares (including GDRs yet to be converted). After the sale of 150,000 equity shares, the remaining holding of Peterhouse Investments in Usha Martin Limited stands at 2,450,000 equity shares. This figure includes 185,691 GDRs that are convertible into 928,455 equity shares at the option of the holder. This post-sale holding represents 0.80% of Usha Martin’s total diluted share capital.

Transaction Details

The total equity share capital and total voting capital of Usha Martin Limited remained unchanged at 30,47,41,780 before and after the said acquisition/sale. The mode of sale was an Open Market transaction on the National Stock Exchange. The dates of sale were September 9, 2026, and September 10, 2026.

Source: BSE

Previous Article

Aavas Financiers: Allots Rs 1,000 Crore in Senior Secured NCDs

Next Article

Embassy Developments: Pledge Created on 3.19% Equity Shares