Usha Martin Ltd. — Major Shareholding Notification 2025

Dec 5, 2025

RAJEEV JHAWAR

“Arjun Enclave” Flat – 4C & 5C Mobile :8274053967 12C Judges Court Road, Kol - 700027 Email- brijfamilytrust@gmail.com

Date 04[th] December 2025

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

Dear Sir,

Enclosed please find the disclosures Under Regulation 29(2) of SEBI (Substantial acquisition of Shares and Takeovers) Regulations, 2011, for purchase of 18,000 equity shares of Usha Martin Ltd.

This is for your kind information and record.

Kindly acknowledge receipt.

Thanking you,

Yours faithfully,

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(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 Ltd
2 Names (s) of the acquirer and Persons Acting in Rajeev Jhawar
Concert (PAC) with the acquirer
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 Limited, The National Stock Exchange of India Ltd
(NSE), Societe de la Bourse de Luxembourg (GDR are
listed at Luxembourg)
5 Details of the acquisition/disposal/holding of shares/voting Number % w.r.t. total % w.r.t. total
rights/holding of the Acquirer and PAC shares/voting diluted
capital wherever shares/voting
applicable capital of the
TC ()
Before the acquisition/disposal under consideration,
holding of :
a) Shares carrying voting rights 41,45,000 1.36% 1.36%
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) 41,45,000 1.36% 1.36%
Details of acquisition/sale
a) Shares carrying voting rights acquired 18,000 0.01% 0.01%
b) VRs acquired otherwise than by equity shares - 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 by the acquirer - 0.00% 0.00%
Total (a+b+c+d) 18,000 0.01% 0.01%
After the acquisition/sale, holding of
a) Shares carrying voting rights acquired 41,63,000 1.37% 1.37%
b) Shares encumbered with the acquire - 0.00% 0.00%
c) VRs acquired 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)
after acquisition/sale - 0.00% 0.00%
Total (a+b+c+d) 41,63,000 1.37% 1.37%
6 Mode of acquisition/sale (e.g. open market / off-market /
public issue / rights issue /preferential allotment / inter-se Acquisition (NSE- Open Market)
transfer etc.)
7 Date of acquisition / sale of shares / VR or date of receipt of
intimation of allotment of shares, whichever is applicable 03-12-2025
8 Equity share capital / total voting capital of the TC before the
said acquisition/sale 30,47,41,780
9 Equity share capital/ total voting capital of the TC after the
said acquisition/sale 30,47,41,780
10 Total diluted share/voting capital of the TC after the said
acquisition/sale 30,47,41,780
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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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(Rajeev Jhawar)

Signature of the acquirer / Authorised Signatory Date: 04-12-2025