Usha Martin Ltd. — Major Shareholding Notification 2022

Dec 14, 2022

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

and Takeovers) Regulations, 2011

Name of the Target Company (TC)	Name of the Target Company (TC)	USHA MARTIN LIMITED	USHA MARTIN LIMITED	USHA MARTIN LIMITED
Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer		Peterhouse Investments Limited
Whether the acquirer belongs to Promoter/Promoter group		Yes
Name(s) of the Stock Exchange(s) where the shares of TC are Listed		Mumbai Stock Exchange(BSE), The National Stock Exchange of India Ltd. (NSE), Societe de la Bourse de Luxembourg (GDR are listed at Luxembourg)
Details of the follows	~~acquisition~~/ disposal as	Number	% w.r.t. total share/voti ng capital wherever applicable	% w.r.t. total diluted share/voting capital of the TC (*)
Before the~~acquisition/~~disposal under consideration, holding of : 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)		3,429,919 Equity Shares [And 1,685,691 GDR (yet to be converted into 8,428,455 Equity Shares at the option of the holder)] 3,429,919 Equity Shares [And 1,685,691 GDR (yet to be converted into 8,428,455 Equity Shares at the option of the holder)	1.13% 1.13%	1.13% 1.13%

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Details of acquisition /sale
a) Shares carrying voting rights 200,000 0.07% 0.07%
acquired/sold
equity shares sold
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
200,000
e) Total (a+b+c+/-d) 0.07% 0.07%
Equity shares sold
After the acquisition/s ale, holding of:
a) Shares carrying voting rights
3,229,919 1.06% 1.06%
[And 1,685,691 GDR
(yet to be converted
into 8,428,455 Equity
Shares at the option of
the holder)]
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
e) Total (a+b+c+d) 3,229,919 1.06% 1.06%
[And 1,685,691 GDR
(yet to be converted
into 8,428,455 Equity
Shares at the option of
the holder)]
Mode of acquisition/ sale (e.g. open Open Market ( National Stock Exchange)
market / off-market / public issue / rights
issue /preferential allotment / inter-se
transfer etc.)
Date of acquisition / sale of shares / VR 14.12.2022
or date of receipt of intimation of
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allotment of shares, whichever is applicable
Equity share capital / total voting capital of the TC before the said~~acquisition~~/ sale	30,47,42,010
Equity share capital/ total voting capital of the TC after the said~~acquisition~~/ sale	30,47,42,010
Total diluted share/voting capital of the TC after the said~~acquisition/~~sale	30,47,42,010

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

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Signature of the ~~acquirer /~~ seller / Authorized Signatory Place: Guernsey Date: 14.12.2022

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PETERHOUSE INVESTMENTS LIMITED

Administrative Office:

PO Box 287, 4th Floor, West Wing, Trafalgar Court, Admiral Park, St. Peter Port, Guernsey GY1 3RL Telephone: Fax: +44 1481 723162

Date: 14.12.2022

To The Company Secretary M/s Usha Martin Limited 2A, Shakespeare Sarani, Kolkata-700 071 E-mail: cosec@ushamartin.co.in		To, The Secretary Bombay Stock Exchange Limited Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street Mumbai – 400 001 E-mail: corp.relations@bseindia.com

Dear Madam/Sir,

Enclosed please find herewith 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 Sincerely TRIDENT TRUST COMPANY (GUERNSEY) LTD

Per:

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Authorized Signatories for Trident Corporate Services (No.2) Limited as Sole Corporate Director of Peterhouse Investments Limited

Registered Office: Trident Chambers, P O Box 146, Wickhams Cay, Road Town, Tortola, British Virgin Islands Incorporation Number : 248779 Place of Incorporation: British Virgin Islands Directors : Trident Corporate Services (No.2) Limited