The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Stuti Jhawar
USHAMART · price
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Awaiting price reaction for this filing.
Stuti Jhawar, a member of the promoter/promoter group of Usha Martin Ltd, has disclosed the acquisition of 10,000 equity shares of the company through the open market on the NSE on 17 September 2025, under Regulation 29(2) of SEBI Takeover Regulations. After this purchase, her total holding in the company stands at 12,60,000 shares, which represents 0.41% of the company's total equity share capital. The increase from her previous holding of 12,50,000 shares (also 0.41%) reflects a marginal change, as the acquisition is negligible compared to the total share base. No encumbrance (pledge/lien) has been created or invoked on these shares.
This is a small insider buy by a promoter, signalling continued promoter confidence in the company. However, given the tiny size of the transaction (10,000 shares), it is unlikely to have any meaningful impact on the stock price or shareholding pattern.