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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Rajeev Jhawar, part of the promoter group of Usha Martin Ltd, purchased 18,000 equity shares through the open market on NSE on 3 December 2025. This is disclosed under Regulation 29(2) of SEBI's Substantial Acquisition of Shares & Takeovers Regulations. His shareholding rose from 41,45,000 shares (1.36%) to 41,63,000 shares (1.37%) post-acquisition. The total share capital of the company remains unchanged at 30,47,41,780 shares. No encumbrance or pledge activity is involved in this transaction.
This is a minor open-market purchase by a promoter, signalling continued promoter confidence in the company, but the change in stake is negligible (0.01%) and unlikely to materially impact the stock price.