The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Susmita Jhawar
USHAMART · price
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Awaiting price reaction for this filing.
Susmita Jhawar, a member of the promoter group of Usha Martin Ltd, purchased 11,697 equity shares on the NSE through open market on September 5, 2025. The disclosure was filed under Regulation 29(2) of SEBI Takeover Regulations. Her shareholding increased from 16,63,303 shares to 16,75,000 shares. The percentage stake remained unchanged at 0.55%, indicating a very small acquisition with no material change in ownership. The filing has been submitted to both BSE and NSE.
This is a minor promoter group purchase that signals ongoing promoter confidence, but the negligible change in stake percentage (less than 0.01%) means no meaningful impact on stock price or control of the company.