The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Stuti Jhawar
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Stuti Jhawar, a member of the promoter group of Usha Martin Ltd, purchased 6,000 equity shares through the open market on NSE on 20 November 2025. This is a disclosure filed under Regulation 29(2) of SEBI's Takeover Regulations. After the acquisition, her total holding stands at 13,07,000 shares, which is 0.43% of the company's equity share capital. The change in stake is negligible (roughly 0.002%) given the company's total equity capital of about 30.47 crore shares. No encumbrance or pledge activity is involved in this transaction.
This is a minor open-market purchase by a promoter group member, signalling continued confidence but with negligible effect on overall promoter shareholding or stock price. Retail investors should note this as a routine insider disclosure rather than a material change in ownership.