Usha Martin Ltd. — Major Shareholding Notification 2020

Mar 31, 2020

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31[st] March 2020

To, The Company Secretary M/s Usha Martin Ltd 2A, Shakespeare Sarani Kolkata 700 071 Email: cosec@ushamartin.co.in	To, M/s National Stock Exchange Limited Exchange Plaza, 5thFloor Plot No. C/1, G-Block BandraKurla Complex, Bandra (E) Mumbai 400051 Email :takeover@nse.co.in	To, The Secretary BSE Ltd PhirozeJeejeebhoy Towers Dalal Street Mumbai 400001 Email :corp.relations@bseindia.com

Dear Sirs,

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

This is for your information please.

Kindly acknowledge receipt.

Thanking you,

Yours faithfully,

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Encl: as above

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DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

1		Name of the Target Company (TC)	Usha Martin Ltd	Usha Martin Ltd	Usha Martin Ltd
2		Names (s) of the acquirer and Persons Acting in Concert(PAC)with the acquirer	Neutral Publishing House Limited ( Promoter Group )
3		Wether 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), The 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 carryingvotingrights	3,607,553	1.18%	1.18%
	b)	Shares in the nature of encumbrance (pledge /lien / non- disposal undertaking/ others)	-	0.00%	0.00%
	c)	Votingrights(VR)otherwise than byequityshares	-	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)		3,607,553	1.18%	1.18%
	Details of acquisition/ ~~sale~~
	a)	Shares carryingvotingrights acquired	3,435,648	1.13%	1.13%
	b)	VRs acquired otherwise than byequityshares	-	0.00%	0.00%
	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	-	0.00%	0.00%
	d) Shares encumbered / invoked/ released bythe acquirer		-	0.00%	0.00%
	Total(a+b+c+d)		3,435,648	1.13%	1.13%
	After the acquisition/ ~~sale~~ ~~,~~holding of
	a)	Shares carryingvotingrights acquired	7,043,201	2.31%	2.31%
	b)	Shares encumbered with the acquire	-	0.00%	0.00%
	c)	VRs acquired otherwise than byequityshares	-	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)after acquisition/sale	-	0.00%	0.00%
	Total(a+b+c+d)		7,043,201	2.31%	2.31%
6	Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue /preferential allotment / inter-se transfer etc.)		On Purchase (National Stock Exchange of India Ltd.)
7	Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable		on 30-03-2020
8	Equity share capital / total voting capital of the TC before the said acquisition/sale		3,607,553
9	Equity share capital/ total voting capital of the TC after the said acquisition/sale		7,043,201
10	Total diluted share/voting capital of the TC after the said acquisition/sale		7,043,201

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.

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Signature of the acquirer / Authorised Signatory

Place: Ranchi Date: 31st Mar 2020