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Usha Martin Ltd. — Major Shareholding Notification 2026
May 13, 2026
60724_rns_2026-05-13_c2f13810-61dc-472d-a7f2-d4c208a5175e.pdf
Major Shareholding Notification
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Docusign Envelope ID: B1682C26-FD8B-8C51-80C9-8A41159B9AA5
Format for disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
| Name of the Target Company (TC) | 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 acquisition / disposal as follows | Number | % w.r.t. total share/voting 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 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) | 3,119,344 | ||
| Equity Shares | |||
| (And 185,691 GDRs yet to be converted into 928,455 Equity Shares at the option of the holder) | 1.02% | 1.02% | |
| 3,119,344 | |||
| Equity Shares | |||
| (And 185,691 GDRs yet to be converted into 928,455 Equity Shares at the option of the holder) | 1.02% | 1.02% | |
| Details of acquisition/sale | |||
| a) Shares carrying voting rights acquired/sold | |||
| b) VRs acquired /sold otherwise than by shares | |||
| c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying | 519,344 | ||
| equity shares sold | 0.17% | 0.17% |
Docusign Envelope ID: B1682C26-FD8B-8C51-80C9-8A41159B9AA5
| voting rights in the TC (specify holding in each category) acquired/sold
d) Shares encumbered / invoked/released by the acquirer
e) Total (a+b+c+/-d) | 519,344
Equity shares sold | 0.17% | 0.17% |
| --- | --- | --- | --- |
| 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 | 2,600,000
(And 185,691 GDRs yet to be converted into 928,455 Equity Shares at the option of the holder) | 0.85% | 0.85% |
| e) Total (a+b+c+d) | 2,600,000
(And 185,691 GDRs yet to be converted into 928,455 Equity Shares at the option of the holder) | 0.85% | 0.85% |
| 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 | 12.05.2026 & 13.05.2026 | | |
| Equity share capital / total voting capital of the TC before the said acquisition / sale | 30,47,41,780 | | |
| Equity share capital/ total voting capital of the TC after the said acquisition / sale | 30,47,41,780 | | |
| Total diluted share/voting capital of the TC after the said acquisition/sale | 30,47,41,780 | | |
() 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.


Signature of the acquirer-/ seller / Authorized Signatory
Place: Guernsey
Date: 13.05.2026
Docusign Envelope ID: B1682C26-FD8B-8C51-80C9-8A41159B9AA5
Peterhouse Investments Limited
Administrative Office: PO Box 287, 4th Floor, West Wing, Trafalgar Court, Admiral Park, St. Peter Port, Guernsey GY1 3RL
Telephone: +44 1481 727571 Fax: +44 1481 723162
Ref: FD/009505
13 May 2026
| To,
The Secretary
Bombay Stock Exchange Limited
Floor 25, Phiroze Jeejeebhoy Towers, Dalal Street
Mumbai – 400 001
E-mail: [email protected] | To,
The Secretary
National Stock Exchange of India Ltd
Exchange Plaza, Plot No. C/1, G Block, Bandra Kurla Complex, Bandra ( East)
Mumbai – 400 051
Email: [email protected] | To
The Company Secretary
M/s Usha Martin Limited
2A, Shakespeare Sarani, Kolkata-700 071
E-mail: [email protected] |
| --- | --- | --- |
Dear Madam/Sir,
Enclosed please find herewith a 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:


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