The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vineeta Adityakumar Ruia
USHAMART · price
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Awaiting price reaction for this filing.
Vineeta Adityakumar Ruia, a member of the Promoter Group of Usha Martin Ltd, has disclosed a disposal of 12,50,000 equity shares by way of gift on 19 November 2025 under SEBI SAST Regulation 29(2). Her holding in the company reduced from 12,71,000 shares (0.42%) to just 21,000 shares (0.01%) — a drop of 0.41 percentage points. Since this is a gift (not a market sale), no consideration was received for the shares transferred. The disclosure has been filed with both BSE and NSE.
This is a non-cash transfer within/outside the promoter family, so it does not bring any selling pressure on the stock price. It slightly reduces the individual promoter holding but is too small (0.41%) to materially affect promoter control or market perception.