The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Peterhouse Investments India 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 India Ltd, part of the promoter group of Usha Martin Ltd, sold 6,00,000 equity shares through open market trades on NSE on June 10 and June 11, 2025. This reduced its holding from 7,666,529 shares (2.51%) to 7,066,529 shares (2.31%) of the company. The disclosure was filed under Regulation 29(2) of SEBI SAST Regulations, 2011 with BSE, NSE, and the company. The disclosure indicates the aggregate promoter entity sales may have crossed the 2% threshold for the financial year, triggering mandatory reporting.
A relatively small promoter trim of 0.197% in a single filing is unlikely to materially affect the stock price. It signals gradual promoter group rebalancing but the post-sale holding remains comfortably above the 2% mark, well below regulatory trigger levels.