Usha Martin Ltd Rajeev Jhawar Increases Stake with Purchase of 18,000 Equity Shares

Rajeev Jhawar has increased his stake in Usha Martin Ltd by purchasing 18,000 equity shares through an open market transaction. Following the acquisition on December 3, 2025, Jhawar’s total holding in the company has increased to 41,63,000 shares, representing 1.37% of the total equity share capital. The acquisition was executed via NSE Open Market.

Shareholding Update

As of December 4, 2025, Rajeev Jhawar has disclosed an increase in his shareholding in Usha Martin Ltd, following the acquisition of additional equity shares. The acquisition was made under the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Details of the Acquisition

On December 3, 2025, 18,000 equity shares of Usha Martin Ltd were purchased through the NSE Open Market.

Pre-Acquisition Holding:

Before this acquisition, Rajeev Jhawar held 41,45,000 shares, amounting to 1.36% of the total equity.

Post-Acquisition Holding:

Following the purchase, his total holding has increased to 41,63,000 shares, representing 1.37% of the total equity share capital of Usha Martin Ltd. The total voting capital of the company after this acquisition remains at 30,47,41,780.

Source: BSE

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