Stuti Jhawar has increased her equity shareholding in Usha Martin Ltd. through open market acquisition via NSE. The purchase involved 15,000 shares, increasing the total holding to 12,75,000 shares, representing 0.42% of the total equity. This transaction was completed on September 18, 2025 and reflects a change in the ownership structure. The disclosure pertains to substantial acquisition as per SEBI regulations.
Shareholding Update
Stuti Jhawar has acquired an additional 15,000 equity shares of Usha Martin Ltd. The acquisition was executed via open market purchase through the National Stock Exchange (NSE) on September 18, 2025.
Revised Holding
Following this acquisition, Stuti Jhawar’s total holding in Usha Martin Ltd. has increased to 12,75,000 equity shares. This represents 0.42% of the company’s total equity share capital. Prior to this acquisition, the holding was 12,60,000 shares or 0.41% of the equity.
Details of the Transaction
The acquisition did not involve any encumbrance, warrants, or convertible securities. The acquisition via NSE open market resulted in a marginal increase of 0.01% in the total shareholding of Usha Martin Ltd.
Source: BSE