Usha Martin Ltd. — Capital/Financing Update 2025

Aug 21, 2025

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Date: 21[st] August 2025

The Manager The Secretary Societe de la Bourse de National Stock Exchange of India Ltd. BSE Limited Luxembourg Exchange Plaza, 5[th] Floor, Phiroze Jeejeebhoy Towers, 35A Bouleverd Joseph II Plot No. C/1, G Block, Dalal Street L-1840, Luxembourg Bandra Kurla Complex, Mumbai – 400 001 [Scrip Code: Bandra, Mumbai – 400 051 [Scrip Code: 517146] US9173002042] [Symbol: USHAMART]

Dear Sir/Madam,

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Sub.: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”)

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In furtherance to our earlier communications dated 5[th] August, 2023 and 3[rd] November, 2023, we would now like to inform you that the Company has entered into an agreement with UGP Engineering Private Limited (“ Buyer ”) on 21[st] August 2025 for transfer/sale of leasehold land admeasuring approximately 10.11 acres, along with structure(s), plant & machinery, etc. situated at Sriperumbudur, Tamil Nadu (“ Sale ”). The details as required under Regulation 30 of Listing Regulations read with SEBI’s master circular dated November 11, 2024, bearing reference no. SEBI/HO/CFD/PoD2/CIR/P/0155 are set out in the Annexure to this intimation.

The aforesaid agreement was executed by the Company today at around 04:30 pm (IST).

This intimation is also being made available on the Company’s website at www.ushamartin.com .

Kindly take the same on record.

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Thanking you, Yours faithfully, For Usha Martin Limited

MANISH Digitally signed by MANISH AGARWAL AGARWAL Date: 2025.08.21 20:13:58 +05'30' Manish Agarwal Company Secretary & Compliance Officer

Enclosed: As above

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Annexure

	Annexure	Annexure	Annexure
	S. No. Particulars Description
	1 The amount and percentage of the turnover or revenue or income and net worth contributed by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year. Not Applicable as these are non – core assets of the Company.
	2 Date on which the agreement for sale has been entered into. 21st August, 2025
	3 The expected date of completion of sale/disposal. 21st August, 2025
	4 Consideration received from such sale/disposal. Rs. 29.52 crores
	5 Brief details of buyers and whether any of the buyers belong to the promoter/ promoter group/group companies. If yes, details thereof. UGP Engineering Private Limited, Ambattur Industrial Estate, Chennai – 600058 The buyer does not belong to the Promoter or Promoter Group or Group Companies of the Company.
	6 Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”. No, this transaction is not a related party transaction.
	7 Whether the sale, lease or disposal of the undertaking is outside Scheme of Arrangement? If yes, details of the same including compliance with regulation 37A of LODR Regulations. Not Applicable
	8	Additionally, in case of a slump sale, indicative disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale.	Not Applicable

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