Peterhouse Investments Sells 50,000 Equity Shares in Usha Martin Ltd in Block Deal
Peterhouse Investments India Ltd, which belongs to the Promoter group, successfully sold a tranche of its equity shares in Usha Martin Ltd on May 27, 2026. The disposal of 50,000 equity shares was executed via a Block Deal on the National Stock Exchange.The transaction confirms that Usha Martin Ltd shares are listed on multiple exchanges, including the Mumbai Stock Exchange (BSE), the National Stock Exchange of India Ltd. (NSE), and Societe de la Bourse de Luxembourg (GDR are listed at Luxembourg).
Prior to the sale, Peterhouse Investments India Ltd held 1,746,529 Equity Shares in Usha Martin Ltd. This holding represented 0.58% of the total diluted share/voting capital.
The details of the transaction are outlined below:
| Aspect | Details |
|---|---|
| Target Company | Usha Martin Ltd |
| Acquirer/Promoter | Peterhouse Investments India Ltd |
| Transaction Type | Block Deal (National Stock Exchange) |
| Date of Transaction | 27.05.2026 |
Impact of Share Sale
The disposal of 50,000 equity shares resulted in the following changes in Peterhouse Investments India Ltd’s holding structure:| Metric | Before Transaction | Transaction Details | After Transaction |
|---|---|---|---|
| Shares Held | 1,746,529 Equity Shares | 50,000 Equity shares sold | 1,696,529 |
| Percentage Holding | 0.58% | 0.02% | 0.56% |
| Total Share Capital | 30,47,41,780 | N/A | 30,47,41,780 |
The sale was reported as a Block Deal executed on the National Stock Exchange, marking a slight reduction in the investor's stake in the company. The total diluted share/voting capital of Usha Martin Ltd remains 30,47,41,780 after the acquisition/sale.
USHAMART Stock Price Movement
As of 10:36 AM, Usha Martin Limited shares are rallying upward, currently priced at ₹510.9, having gained 0.09% or ₹0.45 in live trading. The stock demonstrates significant bullish momentum amid robust trading activity, marked by a volume of 471,366 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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