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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Susmita Jhawar, part of the promoter group of Usha Martin Ltd, has purchased 15,000 equity shares of the company through the open market on the NSE on 2 December 2025. Prior to this acquisition, she held 16,85,000 shares (0.55% of the total equity capital), which has now increased to 17,00,000 shares (0.56%). The acquisition was disclosed under SEBI Regulation 29(2) of the Takeovers Regulations, 2011. There is no change in any encumbrance (pledge/lien) on her holdings, and the total equity share capital of the company remains at 30,47,41,780 shares. The incremental stake change is marginal at just 0.005% of the company's capital.
This is a small, confidence-signaling purchase by a promoter group member, which is generally viewed positively by retail investors as it shows insider faith in the company. However, given the very tiny size of the acquisition relative to the total share base, this is unlikely to have any meaningful impact on the stock price or promoter control dynamics.