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, part of the promoter group of Usha Martin Ltd, has purchased 40,000 equity shares (0.01% of the total share capital) from the open market on NSE on 28 November 2025. After this acquisition, his personal holding stands at 41,30,000 shares, or 1.36% of the company, up from 40,90,000 shares (1.34%) earlier. The disclosure was filed under SEBI's Takeover Regulations, and the total equity share capital of the company is 30,47,41,780 shares. The acquisition was made in his individual capacity as a promoter.
Although the transaction size is very small (just 0.01% increase in promoter stake), it signals promoter confidence by personally buying shares in the open market. No material impact expected on stock price, but a mildly positive sentiment indicator for retail investors.