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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Awaiting price reaction for this filing.
Rajeev Jhawar, who belongs to the promoter group of Usha Martin Ltd, purchased 9,000 equity shares through the NSE open market on December 5, 2025. His shareholding increased marginally from 41,63,000 shares (1.37%) to 41,72,000 shares (1.37%) of the company's paid-up capital. The disclosure was filed under SEBI's Takeover Regulations to report this acquisition. The total equity share capital of the company is 30,47,41,780 shares, putting Rajeev Jhawar's personal holding at a relatively modest 1.37%.
This is a very small token purchase by the promoter and is unlikely to materially impact the stock price. However, it signals promoter confidence and a continued commitment to holding the stock, which is mildly positive for retail investors watching insider activity.