Usha martin Limited has responded to a regulatory inquiry from BSE Limited regarding unusual trading activity in its securities. The company issued a formal clarification on February 26, 2026, addressing concerns about significant volume movement in its stock.

BSE Volume Movement Inquiry

BSE Limited had sought clarification from Usha Martin through a volume movement letter dated February 26, 2026, questioning the significant increase in trading volume of the company's securities. Such inquiries are routine regulatory measures when exchanges observe unusual trading patterns that deviate from normal market behavior.

Company's Response and Compliance Statement

In its response, Usha Martin emphasized its commitment to regulatory compliance and transparency. The company provided the following key clarifications:

The company stated that it has been consistently disclosing all necessary information and announcements to the exchange in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates listed companies to promptly disclose material information that could impact investor decisions.

Material Information Disclosure

Usha Martin confirmed that to the best of its knowledge, no pending information or announcement exists that could influence the price or volume behavior of its securities. This statement is significant as it indicates that the recent volume surge was not driven by any undisclosed corporate developments or material events.

The company's response was signed by Manish Agarwal, Company Secretary and Compliance Officer, demonstrating the formal nature of the clarification and the company's commitment to maintaining proper corporate governance standards.

Regulatory Commitment

Usha Martin reaffirmed its dedication to adhering to SEBI's listing obligations and disclosure requirements. The company assured that it will continue to keep stock exchanges informed of any material information or events as mandated by regulatory guidelines, maintaining transparency in its communications with investors and market participants.

Usha Martin Limited has received an upgraded sustainability rating from EcoVadis, with its score improving from 63 to 67 on a scale of 100. The revision was communicated to the company via email on 24th February 2026 at 20:57 p.m. IST, following a re-evaluation requested by the company.

Rating Improvement Details

The enhanced sustainability score applies specifically to Usha Martin's Ranchi Site operations. This represents a continuation of the company's sustainability journey, building upon the disclosure previously made on 14th October 2025.

Bronze Medal Recognition Retained

Despite the numerical improvement in the sustainability score, Usha Martin continues to maintain its Bronze Medal recognition from EcoVadis. This recognition reflects the company's sustained performance across key areas:

• Environmental parameters
• Social responsibility metrics
• Governance standards

The Bronze Medal status demonstrates consistent ESG performance, even as the underlying numerical score has shown improvement through the re-evaluation process.

Regulatory Compliance

The company made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information has been made available on the company's official website at www.ushamartin.com , ensuring transparency for all stakeholders.

This rating revision represents Usha Martin's ongoing commitment to sustainability practices and ESG compliance across its operations.