Usha Martin Ltd. — Major Shareholding Notification 2019

Jun 29, 2019

USHA MARTIN VENTURES LIMITED

REGISTERED OFFICE : GODREJ WATERSIDE, 5TH FLOOR, DP BLOCK SECTOR- V, SALT LAKE CITY, KOLKATA-700091 PHONE: +91-33-3322-3700, FAX: +91-33-3322-3800, CIN: U65993WB1982PLC035530

Date: 28/06/2019

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,
	Bandra Kurla Complex,	Dalal Street
	Bandra (East)	Mumbai - 400 001
	Mumbai - 400 051
E-mail:		E-mail:
cosec@ushamartin.co.in	Email:takeover@nse.co.in	corp.relations@bseindia.com

Dear Madam/Sir,

Enclosed please find herewith Form C under Regulation 6 (2) and 7 (2) of SEBI(Prohibition of Insider Trading Regulations) 2015 and declaration under Regulation 29 (2) of the SEBI SAST Regulations, 2011for sale of equity shares of Usha martin Limited for your reference and record.

Kindly acknowledge the receipt.

Yours/faithfully Usha/Martin/Ventures Limited VEA KOL-91 Director DIN:0256054

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	Usha Martin Ventures Limited and other Promoters
Persons Acting in Concert (PAC) with	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 follows	Number	% w.r.t. total share/voti ng capital wherever applicable	% w.r.t. total diluted share/voting capital of the TC $(*)$
Before the acquisition/disposal under
consideration, holding of :
a) Shares carrying voting rights	1,27,588	0.04%	0.04%
b) Shares in the nature of encumbrance (pledge/lien/ non-disposal undertaking/ others)	2,00,00,000 Equity Shares (Pledged with SBI)	6.56%	6.56%
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) $e)$ Total (a+b+c+d)	2,01,27,588	6.60%	6.60%

Details of acquisition/sale
a) Shares carrying voting rights acquired/sold	100,000 equity shares sold	0.03%	0.03%
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)
	100,000 equity shares	0.03%	0.03%
After the acquisition/sale, holding of: After the acquisition/sale, holding of: a) Shares carrying voting rights	27,588	0.01%	0.01%
b) Shares encumbered with the acquirer c) VRs otherwise than by shares	2,00,00,000 Equity Shares (Pledged with SBI)	6.56%	6.56%
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)	2,00,27,588	6.57%	6.57%
Mode of acquisition/sale (e.g. open	Open Market (National Stock Exchange and Bombay
market / off-market / public issue / rights	Stock Exchange)
issue /preferential allotment / inter-se
transfer etc.)
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	26/06/2019 to 27/06/2019
Equity share capital / total voting capital	201,27,588
of the TC before the said acquisition / sale

Equity share capital/ total voting capital of the TC after the said acquisition / sale	2,00,27,588
Total diluted share/voting capital of the TC after the said acquisition	2,00,27,588

(*) 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 actual regional Authorised Signatory Date: 28.06.2019 ******