Vineeta Adityakumar Ruia has disposed of 12,50,000 equity shares of Usha Martin Ltd as a gift. This transaction, completed on November 19, 2025, has reduced her holding in the company from 0.42% to 0.01%. The disclosure pertains to regulations regarding substantial acquisition of shares and takeovers.
Details of Share Disposal
On November 19, 2025, Vineeta Adityakumar Ruia executed a gift of 12,50,000 equity shares of Usha Martin Ltd. This disposal falls under the regulations concerning substantial acquisitions and takeovers.
Impact on Shareholding
Prior to this transaction, Vineeta Adityakumar Ruia held 12,71,000 shares, representing 0.42% of the total share capital. Following the gift of 12,50,000 shares, the holding is reduced to 21,000 shares, now representing approximately 0.01% of the company’s equity.
Shareholding Breakdown
Before Disposal:
Shares carrying voting rights: 12,71,000 (0.42%)
After Disposal:
Shares carrying voting rights: 21,000 (0.01%)
Source: BSE