The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Peterhouse Investments Ltd
USHAMART · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Peterhouse Investments Limited, part of the promoter group of Usha Martin Ltd, sold 350,000 equity shares (0.11% of total share capital) through open market on NSE on June 18, 2025. Post-sale, its holding dropped from 1.64% (50 lakh shares) to 1.53% (46.5 lakh shares). The sale was disclosed under Regulation 29(2) of SEBI SAST Regulations, 2011. Usha Martin's total equity share capital remained unchanged at approximately 30.47 crore shares. Peterhouse also holds 185,691 GDRs convertible into 9,28,455 equity shares, unchanged by this transaction.
This is a very small (0.11%) trim by a promoter group entity and is unlikely to have a meaningful impact on the stock price. Retail investors should monitor if further promoter group selling occurs, which could signal shifts in promoter strategy or confidence.