Usha Martin Ltd. — Major Shareholding Notification 2021

Mar 22, 2021

ANUPAMA JHAWAR

Jhawar House 51F, Gariahat Road Kolkata - 700 019 ahawarbkjfamily@gmail.com

Date: 20.03.2021

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To	To,	To,
The Company Secretary	The Secretary	The Secretary
M/s Usha Martin Limited 2A, Shakespeare Sarani, Kolkata-700 071	National Stock Exchange of India Ltd Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex. Bandra (East) Mumbai - 400 051	Bombay Stock Exchange Limited Jeejeebhoy Floor 25, Phiroze Towers, Dalal Street Mumbai - 400 001
E-mail: cosec@ushamartin.co.in	Email:takeover@nse.co.in	E-mail: corp.relations@bseindia.com

Dear Madam/Sir,

Enclosed 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.

Ampana Mavar

Anupama Jhawar

Promoter

Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares

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Name of the Target Company (TC)	USHA MARTIN LIMITED
Name(s) of the acquirer/seller and	Anupama Jhawar
Persons Acting in Concert (PAC) with the acquirer/seller		and other Promoters as PAC
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	Number	% w.r.t.	% w.r.t.
follows		total share/voti ng capital wherever applicable	total diluted share/voting capital of the TC $(*)$
Before the acquisition/disposal under
consideration, holding of :	16.950	0.006%	0.006%
a) Shares carrying voting rights
b) Shares in the nature of encumbrance (pledge/ lien/ 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)	16,950	0.006%	0.006%
Details of acquisition/sale a) Shares carrying voting rights sold
	16,950	0.006%	0.006%
b) VRs acquired /sold otherwise than by	equity shares sold
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 /

and Takeovers) Regulations, 2011

invoked/released by the acquirer $e)$ Total $(a+b+c+/-d)$	16,950 equity shares	0.006%	0.006%
After the acquisition/sale, holding of: a) Shares carrying voting rights b) Shares encumbered with the acquirer 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	0	$0.00\%$	$0.00\%$
$e)$ Total (a+b+c+d)	$\circ$	0.00%	0.00%
Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue /preferential allotment / inter-se transfer etc.)	Open Market (National Stock Exchange)
Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable	19.03.2021
Equity share capital / total voting capital of the TC before the said acquisition /sale	16,950
Equity share capital/ total voting capital of the TC after the said acquisition/ ale	0
Total diluted share/voting capital of the TC after the said Acquisition/sale	$\Omega$

(*) 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

Anupara Shawar

Signature of the acquirer / seller / Authorized Signatory
Place: LONDON Date: 20.03.2021 ******