USHAMARTBSEUsha Martin LtdMediumNeutral
Announced Mon, 24 Nov · 19:09 IST

The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Peterhouse Investments Ltd

Ownership Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Peterhouse Investments Limited, part of the promoter group of Usha Martin Limited, has sold 79,205 equity shares (0.03% of total equity) on the National Stock Exchange through open market on 24.11.2025. Before the sale, the entity held 4,050,000 shares (1.33%), and after the sale its holding stands at 3,970,795 shares (1.30%), plus 185,691 GDRs which are convertible into 928,455 equity shares. The total share capital of Usha Martin remains 30,47,41,780 equity shares. The transaction is minor in size relative to the company's total share base.

Likely market impact

This is a small open-market sale by a promoter-group entity, with negligible impact on overall shareholding pattern. Investors are unlikely to see material price impact; the disclosure is largely procedural under SAST rules since the sale exceeds the 0.10% trigger for entities holding above 1%.