Usha Martin Ltd. — Director's Dealing 2020

Dec 15, 2020

NIDHI RAJGARHIA

6A &B, POONAM, 6TH FLOOR, 5/2 RUSSEL STREET, KOLKATA-700071

Date: 11/12/2020

To	To,	To,
The Company Secretary	The Secretary	The Secretary
M/s Usha Martin Limited	National Stock Exchange of	Bombay Stock Exchange
2A, Shakespeare Sarani,	India Ltd	Limited
Kolkata-700 071	Exchange Plaza,	Floor 25, Phiroze Jeejeebhoy
	Plot No. C/1, G Block,	Towers, Dalal Street
	Bandra Kurla Complex,	Mumbai - 400 001
	Bandra (East)
	Mumbai - 400 051
E-mail:	Email:	E-mail:
cosec@ushamartin.co.in	takeover@nse.co.in	corp.relations@bseindia.com

Dear Madam/Sir,

Enclosed please find herewith declaration under Regulation 29 (2) of the SEBI SAST Regulations, 2011 for sale of equity shares of Usha Martin Limited for your reference and record.

Kindly acknowledge the receipt.

Yours Sincerely

Nidli Rajgarli's

Nidhi Rajgarhia

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares

Name of the Target Company (TC)		USHA MARTIN LIMITED
	Nidhi Rajgarhia and other promoters as PAC
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer
belongs to acquirer the Whether Promoter/Promoter group	Yes
Name(s) of the Stock Exchange(s) where the shares of TC are Listed	Mumbai Stock Exchange(BSE), The National Stock Exchange of India Ltd. (NSE), Societe de la Bourse de Luxembourg (GDR are listed at Luxembourg)
	Number	% w.r.t.	% w.r.t.
Details of the acquisition / disposal as		total	total diluted
follows		share/voti	share/voting
		ng	capital of
		capital	the TC $(*)$
		wherever applicable
Before the acquisition/disposal under
consideration, holding of :	331139 r. п	$[0.11]$ %	$[0.11]$ %
a) Shares carrying voting rights	Equity Shares
		Ž,
b) Shares in the nature of encumbrance
(pledge/ lien/
non-disposal undertaking/ others)
c) Voting rights (VR) otherwise than by shares
d) Warrants/convertible securities/any
other instrument
that entitles the acquirer to receive
shares carrying
voting rights in the T C (specify holding in each
category)
	[331139]
$e)$ Total (a+b+c+d)	Equity Shares	$[0.11]$ %	$[0.11]$ %

and Takeovers) Regulations, 2011

Details of acquisition/sale
a) Shares carrying voting rights acquired/sold	[10000] equity shares sold	$[0.005]$ %	$[0.005]$ %
b) VRs acquired /sold otherwise than by shares c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) acquired/sold d) Shares encumbered / invoked/released by the acquirer	[10000]	经规
$e)$ Total (a+b+c+/-d)	Equity shares sold	$[0.005]$ %	$[0.005]$ %
After the acquisition/sale, holding of: a) Shares carrying voting rights	[321139]	$[0.105]\%$	$[0.105]\%$
b) Shares encumbered with the acquirer c) VRs otherwise than by shares d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each category) after acquisition		$\sim v^2$
$e)$ Total (a+b+c+d)	[321139]	$[0.105]$ %	$[0.105]$ %
Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue /preferential allotment / inter-se transfer etc.)	Open Market (National Stock Exchange)
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	09.12.2020
Equity share capital / total voting capital of the TC before the said acquisition / sale	331139 T $\overline{\phantom{a}}$
Equity share capital/ total voting capital of the TC after the said acquisition / sale	321139 ] L

Total diluted share/voting capital of the	[321139]
TC after the said acquisition/sale

(*) Total share capital/voting capital to be taken as per the latest filing done by the company to the Stock Exchange under SEBI (LODR).

(**) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

Nidly Rejgarhis

(Nidhi Rajgarhia) Signature of the acquirer / seller / Authorized Signatory

Place: Kolkata

Date: 11.12.2020

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