The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Stuti Jhawar
USHAMART · price
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Awaiting price reaction for this filing.
Stuti Jhawar, identified as a member of the Promoter/Promoter Group of Usha Martin Ltd, acquired 12,000 equity shares through an open market purchase on NSE, with the transaction dated 19 February 2025. Post-acquisition, her total holding stands at 12,87,000 shares, representing 0.42% of the company's equity/voting capital, up marginally from 12,75,000 shares (0.42%) before the deal. The disclosure was filed under Regulation 29(2) of the SEBI Takeover Regulations, 2011, and was received by the exchanges on 22 September 2025. The change in percentage holding is negligible (~0.004% increment), so her effective voting interest remains unchanged at 0.42%.
This is a small, token purchase by a promoter-group member and signals minor insider confidence, but the size is too small to materially affect the stock price or alter control dynamics of the company.