The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Stuti Jhawar
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Stuti Jhawar, a member of the promoter/promoter group of Usha Martin Ltd, purchased 15,000 equity shares through the open market on NSE on 18 September 2025. This raised her holding from 12,60,000 shares (0.41%) to 12,75,000 shares (0.42%) of the company. The disclosure was filed under Regulation 29(2) of SEBI's Takeover Regulations. The acquisition is very small in size, representing roughly a 0.005% increase in her stake. No encumbrance, pledge, or off-market transfer was involved in this transaction.
This is a minor open-market purchase by a promoter-group individual and is a routine, confidence-signalling buy rather than a material change in ownership. Shareholders are unlikely to see any meaningful impact on stock price or control structure from this transaction.