Peterhouse Investments Limited has divested a portion of its stake in Usha Martin Limited through the open market. Following the sale of 130,656 equity shares, the investor’s holding in the company has decreased from 1.06% to 1.02%. The transaction was executed on the National Stock Exchange on May 11, 2026, reflecting a minor adjustment in the firm’s portfolio position within the target company.
Details of the Divestment
Peterhouse Investments Limited, a promoter group entity, conducted an open market sale of 130,656 equity shares of Usha Martin Limited. The transaction, completed on May 11, 2026, represents a reduction of 0.04% in the entity’s total stake. Prior to this sale, the investor held 3,250,000 equity shares, which accounted for a 1.06% interest in the company.
Post-Transaction Shareholding
Following the completion of the sale, the revised shareholding of Peterhouse Investments Limited in Usha Martin Limited stands at 3,119,344 equity shares. This new holding represents 1.02% of the total equity share capital of the target company. The total voting capital remains stable at 30,47,41,780 shares, and the company continues to maintain its structure including additional convertible Global Depository Receipts (GDRs) yet to be converted.
Transaction Context
The sale was executed entirely through the National Stock Exchange (NSE). This disclosure confirms the change in shareholding pattern for the acquirer, ensuring transparency regarding the movement of equity within the promoter group. The transaction reflects normal market activity by the investor and does not impact the overall share capital of Usha Martin Limited.
Source: BSE
