Usha Martin Limited has announced its schedule for upcoming analyst and institutional investor meetings. The company will participate in two key events in Mumbai on September 28 and September 29, 2026.

The first engagement is scheduled for Monday, September 28, 2026, at the PL Capital Mid & Small Cap Conference 2026. The theme of the conference is "Emerging Titans: Unlocking India's Next Growth Leaders." This will be an in-person physical meeting held in Mumbai.

The second event is a group meeting scheduled for Tuesday, September 29, 2026. Like the previous day's event, this will also be conducted as an in-person physical meeting in Mumbai.

Meeting Schedule Details

Disclosure Compliance

The intimation was filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated that discussions during these meetings will be based solely on publicly available information. No unpublished price sensitive information (UPSI) is intended to be discussed during these sessions.

The company noted that the schedule is subject to changes due to exigencies on the part of the investors or the company. This disclosure is also available on the company's website.

Usha Martin Ltd saw a reduction in promoter group holding after Peterhouse Investments Limited sold 200,000 equity shares on September 22, 2026. The transaction was executed through the open market on the National Stock Exchange.

Disclosure details

The sale was reported under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Peterhouse Investments Limited, a member of the promoter group, reduced its direct shareholding from 2,250,000 shares to 2,050,000 shares.

Holding structure and GDRs

In addition to the equity shares sold, Peterhouse Investments Limited holds 185,691 Global Depositary Receipts (GDRs). These GDRs are convertible into 928,455 equity shares at the option of the holder. The disclosure notes that these convertible instruments remain outstanding post-transaction.

The total diluted share capital of the company remains unchanged at 30,47,41,780 shares, as the sale involved existing equity shares rather than new issuance or buybacks.

What the numbers show

The disposal represents a marginal shift in promoter confidence, with the stake reducing by 0.064 percentage points. While the absolute number of shares sold is significant, the remaining holding of 2,050,000 shares still constitutes a notable position within the promoter group structure. The retention of unconverted GDRs suggests potential future dilution or continued exposure through these instruments.