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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Rajeev Jhawar, a promoter of Usha Martin Ltd, purchased 6,000 equity shares through an open market transaction on NSE on 9 December 2025. Post this acquisition, his total holding stands at 41,78,000 shares, representing 1.37% of the company's total equity share capital of 30,47,41,780 shares. The change in holding is marginal (from 1.37% to 1.37%, a negligible shift), filed under Regulation 29(2) of SEBI Takeover Regulations. No encumbrance or pledge is involved in this transaction.
A small promoter buy signals minor insider confidence, but the scale is too minor to materially affect shareholding or stock price. Investors should note that Rajeev Jhawar personally holds only 1.37%, and this filing does not reveal the total promoter group holding.