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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Awaiting price reaction for this filing.
Susmita Jhawar, a member of the promoter group of Usha Martin Ltd, has disclosed the purchase of 10,000 equity shares of the company through the open market on the NSE on September 10, 2025. This is filed under SEBI Regulation 29(2) of the Takeover Regulations. Her total shareholding in the company has increased from 16,75,000 shares (0.55%) to 16,85,000 shares (0.55%) post the acquisition. The mode of acquisition was open market purchase, and no encumbrance (pledge) activity is involved.
This is a small incremental purchase by a promoter group member and signals continued confidence in the company. However, the acquisition size is negligible (barely changes the percentage holding), so it is unlikely to have any meaningful impact on the stock price.