Usha Martin Ltd. — Major Shareholding Notification 2020

Oct 3, 2020

2^nd October 2020

Dear Sirs / Madam,

Enclosed please find herewith the disclosures Under Regulation 29(2) of SEBI (Substantial acquisition of Shares and Takeovers) Regulations, 2011, for sale of 14,80,218 equity shares of Usha Martin Limited.

This is for your information please.

Kindly acknowledge receipt.

Thanking you,

Yours faithfully,

Main

(RAJEEV JHAWAR)

Encl: as above

DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL

ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011
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1		Name of the Target Company (TC)	USHA MARTIN LIMITED
2		Names (s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer	Rajeev Jhawar
3		Weather the acquirer belongs to Promoter/Promoter Group	Yes
4		Name(s) of the Stock Exchange (s) where the shares of TC are Listed	BSE Ltd (BSE), National Stock Exchange of India Ltd (NSE),
5	Details of the acquisition/disposal/holding of shares/voting rights/holding of the Acquirer and PAC		Number	% w.r.t. total shares/voting capital wherever applicable	% w.r.t. total diluted shares/voting capital of the TC (*)
	Before the acquisition/disposal under consideration, holding of :
	a)	Shares carrying voting rights	40,92,187	1.34%	1.34%
	b)	Shares in the nature of encumbrance (pledge /lien / non-disposal undertaking / others)	-	0.00%	0.00%
	c)	Voting rights (VR) otherwise than by equity shares	-	0.00%	0.00%
	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)	-	0.00%	0.00%
		Total (a+b+c+d)	40,92,187	1.34%	1.34%
		Details of acquisition/sale Shares carrying voting rights acquired/sold	(14,80,218)	-0.49%	-0.49%
	a)
	b) c)	VRs acquired otherwise than by equity shares 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	-	0.00%	0.00%
	d)		-	0.00%	0.00%
		Shares encumbered / invoked/ released by the acquirer Total (a+b+c+d)	- (14,80,218)	0.00% -0.49%	0.00% -0.49%
		After the acquisition/sale, holding of
	a)	Shares carrying voting rights Shares encumbered with the acquire	26,11,969 -	0.86% 0.00%	0.86% 0.00%
	b)
	c) d)	VRs acquired otherwise than by equity shares Warrants/convertible securities/ any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC (specify holding in each	-	0.00%	0.00%
		category) after acquisition/sale	-	0.00%	0.00%
		Total (a+b+c+d)	26,11,969	0.86%	0.86%
6		Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue /preferential allotment / inter-se transfer etc.)	On sale (NSE Stock Exchange)
7		Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	sale on 30/09/2020
8		Equity share capital / total voting capital of the TC before the said acquisition/sale	40,92,187
9		Equity share capital/ total voting capital of the TC after the said acquisition/sale 26,11,969
10	Total diluted share/voting capital of the TC after the said acquisition/sale 26,11,969

Note:

(*) 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.

( RAJEEV JHAWAR)

Signature of the acquirer / Authorised Signatory

Date: 02-10-2020