Peterhouse Investments India Limited, a promoter group entity of Usha Martin, has disclosed another significant sale of equity shares under regulatory requirements. The transaction represents a further reduction in the promoter's stake in the steel manufacturing company through block deal operations on the National Stock Exchange.

Latest Transaction Details

The most recent share sale transaction involved substantially larger volumes compared to previous transactions, as disclosed to stock exchanges on December 15, 2025.

Updated Shareholding Position

The latest transaction resulted in a significant change in Peterhouse Investments India's ownership position in Usha Martin Limited, following the previous reduction from 1.40% to 1.33%.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Usha Martin Limited's securities are listed on multiple exchanges:

• Bombay Stock Exchange (BSE)
• National Stock Exchange of India Limited (NSE)
• Societe de la Bourse de Luxembourg (GDR listing)

The company's total equity share capital stands at ₹30,47,41,780.00, which served as the basis for calculating the percentage holdings disclosed in the regulatory filing.

Corporate Structure

Peterhouse Investments India Limited operates with its registered office located at Godrej Waterside Tower-2, 12th Floor, DP Block, Room No.-1206, Sector V, Salt Lake City, Kolkata 700091, and is incorporated with CIN: U31300WB1979PLC032347. The entity continues to function as part of the promoter group structure for Usha Martin Limited, maintaining its classification despite the substantial reduction in shareholding through recent transactions.

Rajeev Jhawar, a significant shareholder of Usha Martin , has increased his stake in the company through a recent open market transaction. The acquisition, which took place on the National Stock Exchange (NSE), involved the purchase of 10,000 equity shares of Usha Martin.

Transaction Details

The transaction has resulted in a marginal increase in Jhawar's ownership of the company. This move demonstrates his continued confidence in Usha Martin's prospects.

Company Overview

Usha Martin, with a total equity share capital of 30,47,41,780 shares, is a well-established player in its sector. The recent acquisition by Rajeev Jhawar, while small in percentage terms, represents a notable investment in absolute numbers.

Market Implications

While the increase in stake is relatively small, such transactions by significant shareholders are often closely watched by market participants. They can be interpreted as signals of insider confidence in the company's future performance or strategic direction.

Investors and market analysts may want to keep an eye on any further developments or disclosures from Usha Martin or its major shareholders.

It's important to note that this transaction was reported as per SEBI takeover regulations, demonstrating transparency in the company's ownership changes.