The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Rajeev Jhawar
USHAMART · price
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Awaiting price reaction for this filing.
Rajeev Jhawar, a member of the promoter group of Usha Martin Ltd, has disclosed the purchase of 10,000 equity shares of the company through an open market transaction on the NSE on 2nd December 2025. Prior to this acquisition, his holding stood at 41,35,000 shares (1.36% of total share capital), and after the purchase it marginally increased to 41,45,000 shares (still 1.36%). The total equity share capital of Usha Martin Ltd is 30,47,41,780 shares, and there were no encumbrances, warrants, or convertible securities involved in this transaction. The filing was made to BSE, NSE, and the company on 3rd December 2025 as required under SEBI's takeover regulations.
This is a small, incremental open-market purchase by a promoter, signalling continued insider confidence in the company, though the tiny size (10,000 shares, 0.00% change) means it is unlikely to have any meaningful impact on the stock price or shareholding pattern.