Rajeev Jhawar has increased his stake in Usha Martin Ltd. by purchasing 10,000 equity shares. The acquisition, executed through the open market on the NSE, has increased Jhawar’s total holdings to 28,35,000 shares, representing 0.93% of the company’s total equity. The transaction was completed on September 19, 2025, as disclosed under SEBI regulations.
Details of Share Acquisition
Rajeev Jhawar, identified as part of the Promoter Group, has acquired an additional 10,000 equity shares of Usha Martin Ltd. The purchase was made through the National Stock Exchange (NSE) via open market acquisition. This transaction increased the total number of shares held by Rajeev Jhawar to 28,35,000.
Impact on Shareholding
Prior to this acquisition, Rajeev Jhawar held 28,25,000 shares, representing 0.93% of the total equity. Following the purchase of additional 10,000 shares on September 19, 2025, his total holding remains at 0.93% of the total equity. The acquisition does not involve any encumbrance, warrants, or other convertible securities.
Revised Share Capital
The equity share capital of Usha Martin Ltd. after the acquisition is 28,35,000. Rajeev Jhawar now holds the same percentage of the total voting capital.
Source: BSE
