The promoter group of Usha Martin Ltd has increased its stake in the company through the acquisition of 15,000 equity shares. This acquisition was made via open market purchase on the NSE, resulting in the promoter group’s total holding increasing to 17,00,000 shares. The transaction occurred on December 2, 2025, and reflects a marginal increase in the promoter group’s overall percentage holding in the company.
Promoter Group’s Share Acquisition
The promoter group of Usha Martin Ltd has acquired an additional 15,000 equity shares of the company. This acquisition was executed through the open market on the National Stock Exchange (NSE) on December 2, 2025.
Details of the Transaction
Prior to this acquisition, the promoter group held 16,85,000 shares, representing 0.55% of the total shares/voting capital. Post-acquisition, their holding increased to 17,00,000 shares, representing 0.56% of the total shares/voting capital. There were no encumbrances on the shares before or after the acquisition.
Impact on Shareholding
The acquisition represents a slight increase in the promoter group’s stake in Usha Martin Ltd. The equity share capital of the company before and after the acquisition remains unchanged at 30,47,41,780. The diluted share/voting capital after the acquisition also remains at 30,47,41,780.
Source: BSE