Rajeev Jhawar has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
USHAMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajeev Jhawar, on behalf of the promoters, promoter group, and persons acting in concert of Usha Martin Limited, has filed a disclosure under SEBI Regulation 31(4) of the Takeover Regulations. The filing confirms that no encumbrance (such as pledge, lien, or charge) has been created, directly or indirectly, on the shares held by them in Usha Martin during the financial year ended 31st March 2025. The list of 14 promoter and promoter group entities includes Rajeev Jhawar, Brij Kishore Jhawar, Shanti Devi Jhawar, Brij Investments Pvt. Ltd., Kenwyn Overseas Limited, and others.
This is a routine annual compliance filing and carries no direct impact on shareholders or the stock price. It reassures investors that the promoter group's holdings in Usha Martin remain unencumbered as of 31 March 2025, meaning no shares have been pledged or locked in as collateral.