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Power Of Finance (SEBI RA)

12th Sep · SEBI-Registered Analyst

Usha Martin Promoter Peterhouse Investments Reduces Stake by 0.05%

USHAMART
Peterhouse Investments Limited, a promoter of Usha Martin Limited, has reduced its stake in the company. The firm sold 150,000 equity shares through open market transactions on the NSE on September 10. This sale decreased Peterhouse's shareholding from 1.46% to 1.41% of Usha Martin's total share capital, a reduction of 0.05%. Peterhouse still holds 4,300,000 shares and 185,691 Global Depository Receipts (GDRs) convertible to 928,455 equity shares. Usha Martin's total equity share capital remains unchanged at 30,47,41,780 shares.

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