Usha Martin Ltd. — Director's Dealing 2021

Feb 26, 2021

BASANT KUMAR JHAWAR

Jhawar House 51F, Gariahat Road Kolkata - 700 019 bkjhawarbkjfamily@gmail.com

Date: 25.02.2021

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

Dear Madam/Sir,

Enclosed 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.

Bujuawan

Basant Kumar Jhawar

Promoter

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Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011

Name of the Target Company (TC)		USHA MARTIN LIMITED
Name(s) of the acquirer/seller and		Basant Kumar Jhawar
Persons Acting in Concert (PAC) with		and other Promoters as PAC
the acquirer/seller
Whether the acquirer/seller belongs to		Yes
Promoter/Promoter group
Name(s) of the Stock Exchange(s)	Mumbai Stock Exchange(BSE), The National Stock
where the shares of TC are Listed	Exchange of India Ltd. (NSE), Societe de la Bourse
	de Luxembourg (GDR are listed at Luxembourg)
Details of the acquisition / disposal as	Number	% w.r.t.	% w.r.t.
follows		total share/voti ng capital wherever applicable	total diluted share/voting capital of the TC $(*)$
Before the acquisition/disposal under
consideration, holding of :
a) Shares carrying voting rights	82,310	0.027%	0.027%
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)	82,310	0.027%	0.027%
$e)$ Total (a+b+c+d)

Jupann

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Details of acquisition/sale
a) Shares carrying voting rights	82,000	0.0269%	0.0269%
sold	equity shares sold
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
$e)$ Total (a+b+c+/-d)	82,000	0.0269%	0.0269%
	equity shares
After the acquisition/sale, holding of: a) Shares carrying voting rights	310	0.0001%	0.0001%
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
$e)$ Total (a+b+c+d)	310	0.0001%	0.0001%
Mode of acquisition/sale (e.g. open	Open Market (National Stock Exchange of India)
market / off-market / public issue / rights
issue /preferential allotment / inter-se
transfer etc.)
Date of acquisition / sale of shares / VR or date of receipt of	25.02.2021
intimation of allotment of shares,
whichever is applicable
Equity share capital / total voting capital	82,310

gynfram

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of the TC before the said acquisition /sale
Equity share capital/ total voting capital of the TC after the said acquisition/ sale	310
Total diluted share/voting capital of the TC after the said Acquisition/sale	310

(*) 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.

Signature of the seller

Place: Kolkata Date: 25.02.2021

******

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