Usha Martin Ltd. — Major Shareholding Notification 2025

Nov 21, 2025

Stuti Jhawar

“132, Cove Drive, Ph no: 8274053966 Singapore- 098224 email- brijfamilytrust@gmail.com

Date: 21[ST] November 2025

To, M/s Usha Martin Ltd 2A, Shakespeare Sarani Kolkata 700 071 Email:cosec@ushamartin.co.in To, To, M/s National Stock Exchange Ltd The Secretary Exchange Plaza, 5[th] Floor BSE Ltd Plot No. C/1, G-Block Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E) Dalal Street Mumbai 400051 Mumbai 400001 Email:takeover@nse.co.in 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 6,000 equity shares of Usha Martin Ltd.

This is for your kind information and record.

Kindly acknowledge receipt.

Thanking you,

Yours faithfully, (Stuti Jhawar) Encl: as above

DISCLOSURES UNDER REGULATION 29(2) OF SEBI (SUBSTANTIAL

ACQUISITION OF SHARES AND TAKEOVERS) REGULATIONS, 2011

1 2 3 4 5 6 7 8 9 10

Name of the Target Company (TC) Names (s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer Wether the acquirer belongs to Promoter/Promoter Group Name(s) of the Stock Exchange (s) where the shares of TC are Listed Number % w.r.t. total shares/voting capital wherever applicable % w.r.t. total diluted shares/voting capital of the TC () a) Shares carrying voting rights 13,01,000 0.43% 0.43% 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% 13,01,000 0.43% 0.43% Details of acquisition/ sale a) Shares carrying voting rights acquired 6,000 0.00% 0.00% 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% 6,000 0.00% 0.00% After the acquisition/ sale , holding of a) Shares carrying voting rights acquired 13,07,000 0.43% 0.43% 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% 13,07,000 0.43% 0.43% 30,47,41,780 30,47,41,780 30,47,41,780 Equity share capital / total voting capital of the TC before the said acquisition/sale Equity share capital/ total voting capital of the TC after the said acquisition/sale Total diluted share/voting capital of the TC after the said acquisition/sale Details of the acquisition/disposal/holding of shares/voting rights/holding of the Acquirer and PAC Before the acquisition/disposal under consideration, holding of : Mode of acquisition/sale (e.g. open market / off-market / public issue / rights issue /preferential allotment / inter-se transfer etc.) Acquisition (NSE- Open Market) 20-11-2025 Total (a+b+c+d) Total (a+b+c+d) Total (a+b+c+d) Date of acquisition / sale of shares / VR or date of receipt of intimation of allotment of shares, whichever is applicable Mumbai Stock Exchange (BSE), The National Stock Exchange of India Ltd (NSE), Societe de la Bourse de Luxembourg (GDR are listed at Luxembourg) Usha Martin Ltd Stuti Jhawar* Yes

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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(Stuti Jhawar)

Signature of the acquirer / Authorised Signatory Date: 21-11-2025