Usha Martin Rajeev Jhawar Increases Stake with Acquisition of 40,000 Shares

Rajeev Jhawar has increased his stake in Usha Martin Ltd. through the acquisition of 40,000 equity shares. This purchase, executed via open market, has raised his total holding to 41,30,000 shares, representing 1.36% of the company’s total equity. The transaction was completed on November 28, 2025, and this disclosure was made on November 29, 2025.

Increased Shareholding

Rajeev Jhawar has acquired 40,000 equity shares of Usha Martin Ltd. The acquisition increased the total number of shares held by Jhawar to 41,30,000.

Transaction Details

The shares were acquired through an open market transaction on November 28, 2025. As of November 29, 2025, Rajeev Jhawar holds 41,30,000 shares, which represents 1.36% of the total equity share capital of Usha Martin Ltd.

Pre and Post Acquisition Holdings

Prior to this acquisition, Rajeev Jhawar held 40,90,000 shares, amounting to 1.34% of the total share capital. Following the acquisition of the additional 40,000 shares, his holding now stands at 41,30,000 shares, equivalent to 1.36% of the total share capital.

Source: BSE

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