Usha Martin Ltd. — Major Shareholding Notification 2020

Jun 25, 2020

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

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Name of the Target Company (TC)	USHA MARTIN LIMITED
Name(s) of the acquirer/seller and	Prashant Jhawar
Persons Acting in Concert (PAC) with	and other Promoters as PAC
the acquirer/seller Whether the acquirer/seller belongs to
Promoter/Promoter group	Yes
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/votin	% w.r.t. total diluted
		g	share/voting
		capital wherever	capital of the TC $(*)$
		applicable
Before the acquisition/disposal under consideration, holding of :
a) Shares carrying voting rights	10,58.468	0.347%	0.347%
b) Shares in the nature of encumbrance
(pledge/ lien/	11,729	0.004%	0.004%
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)
e) Total (a+b+c+d)	10,70,197	0.351%	0.351%
Details of acquisition/sale a) Shares carrying voting rights sold	50,000 equity shares sold	0.016%	0.016%
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	50,000 equity shares	0.016%	0.016%
d) Shares encumbered /
invoked/released by the acquirer $e)$ Total (a+b+c+/-d)
After the acquisition/sale, holding of:
a) Shares carrying voting rights	10,08,468	0.331%	0.331%
b) Shares encumbered with the acquirer	11,729	0.004%	0.004%
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\rangle$ Total $(a+b+c+d)$	10,20,197	0.335%	0.335%
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 intimation of allotment of shares. whichever is applicable	23.06.2020
Equity share capital / total voting capital of the TC before the said acquisition /sale	10,70,197
Equity share capital/ total voting capital of the TC after the said acquisition/ sale	10,20,197
Total diluted share/voting capital of the TC after the said Acquisition/sale	10,20,197

(*) 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 assum

Signature of the acquirer / seller / Authorized Signatory
Place: London
Date: 24.06.2020

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PRASHANT JHAWAR

Jhawar House 51F, Gariahat Road Kolkata - 700 019 $033 - 24195500$ pjhawarbkjfamily@gmail.com

		24.06.2020
$10^{-}$ The Company Secretary M/s Usha Martin Limited 2A, Shakespeare Sarani, Kolkata-700 071 E-mail: cosec@ushamartin.co.in	To. The Secretary Ltd Exchange Plaza. Plot No. C/1, G Block, Bandra Kurla Complex. Bandra (East) Mumbai - 400 051 Email: takeover@nse.co.in	The Secretary National Stock Exchange of India Bombay Stock Exchange Limited Floor 25, Phiroze Jeejeebhov Towers, Dalal Street Mumbai - 400 001 E-mail: 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, 2011 for sale of equity shares of Usha Martin Limited for your reference and record.

Kindly acknowledge the receipt.

Yours faithfully

Prashant Jhawar Promoter