Usha Martin Ltd. — Major Shareholding Notification 2019

Jun 11, 2019

USHA MARTIN VENTURES LIM

REGISTERED OFFICE : GODREJ WATERSIDE, 5TH FLOOR, DP BLOCK, SECTOR-V, SALT LAKE, KOLKATA 700091 PHONE: +91-33-3322-3700, FAX: +91-33-3322-3800, CIN: U99999WB1982PLC035530

Date:10/06/2019

The Secretary Bombay Stock Exchange Limited Floor 25, PhirozeJeejeebhoy Towers, Dalal Street Mumbai - 400 001 Ph: 91-22-22721233/4, 91-22-66545695(Hunting) Fax No: 91-22-22721919 & 22722041 E-mail: corp.relations@bseindia.com

Dear Sirs,

Enclosed please find herewith Form C under Regulation 6 (2) and 7 (2) of SEBI(Prohibition of Insider Trading Regulations) 2015 and 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/faithfully Usha Martin Ventures Limited

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 Exchange of India Ltd. (NSE), Societe de la Bourse
where the shares of TC are Listed
	de Luxembourg (GDR are listed at Luxembourg)
Details of the acquisition / disposal as	Number	% w.r.t. total	$%$ w.r.t. total diluted
follows		share/voti ng capital wherever applicable	share/voting capital of the $TC$ $(*)$
Before the acquisition/disposal under
consideration, holding of:
a) Shares carrying voting rights	3,13,807	0.10%	0.10%
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)	2,03,13,807	6.66%	6.66%

Details of acquisition/sale
a) Shares carrying voting rights acquired/sold	62,057 equity shares sold	0.02%	0.02%
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)	62,057 equity shares	0.02%	0.02%
After the acquisition/sale, holding of:
After the acquisition/sale, holding of: a) Shares carrying voting rights	2,51,750	0.08%	0.08%
b) Shares encumbered with the acquirer	2,00,00,000 Equity Shares (Pledged with SBI)	6.56%	6.56%
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)	2,02,51,750	6.64%	6.64%
Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue /preferential allotment / inter-se transfer etc.)	Open Market
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	07/06/2019
Equity share capital / total voting capital of the TC before the said acquisition / sale	Voting Capital 281788830 no. of equity shares of Re.1 each

Equity share capital/ total voting capital of the TC after the said acquisition / sale	Voting Capital 281788830 no. equity shares of Re.1 each
Total diluted share/voting capital of the TC after the said acquisition	Paid up diluted capital of the Company is 304741780 no. equity shares of Re.1 each

(*) 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 evidencing convertible securities/warrants into equity shares of the TC.

V Signature sv seller / Authorised Signatory Place: Kolkala Date: 10.06.20 ******