Peterhouse Investments Limited has completed the sale of 519,344 equity shares of Usha Martin Limited through open market transactions on the National Stock Exchange. The divestment, which occurred on May 12, 2026, and May 13, 2026, has reduced the firm’s stake in the company from 1.02% to 0.85%. This move reflects a strategic adjustment in the investor’s portfolio holding within the target company.
Details of the Divestment
Peterhouse Investments Limited, a significant shareholder in Usha Martin Limited, executed the sale of 519,344 equity shares during the trading sessions of May 12 and May 13, 2026. This transaction was conducted through the open market via the National Stock Exchange. Prior to this sale, the investor held a total of 3,119,344 equity shares, representing 1.02% of the company’s total voting capital.
Current Shareholding Position
Following the completion of the sale, the shareholding of Peterhouse Investments Limited in Usha Martin Limited now stands at 2,600,000 equity shares. This revised holding accounts for 0.85% of the company’s total voting capital. The company’s total equity share capital remains stable at 30,47,41,780 shares. The investor continues to maintain exposure to the company, supplemented by 185,691 Global Depository Receipts (GDRs), which are eligible for conversion into 928,455 equity shares at the holder’s discretion.
Source: BSE
