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Usha Martin Ltd

BSE : 517146

NSE : USHAMART

Sector :Metals & Mining

ISIN Code : INE228A01035

NSE

371.85
-3.20 (-0.85%)

12:00 AM,20th Dec 2024
Open
376.20
High
383.60
Low
369.00

BSE

371.95
-4.70 (-1.25%)

12:00 AM,20th Dec 2024
Open
375.40
High
383.40
Low
369.00

Announcement under Regulation 30 (LODR)-Acquisition

12:00 AM,20th Dec 2024

Pursuant to Regulation 30 of SEBI(LODR)Regulations2015 We hereby inform that Usha Martin Americas Inc. (UMAI) a wholly owned subsidiary of the Company has entered into an agreement to acquire 2.02% of the share capital of Usha Siam Steel Industries Public Company Limited (USSIL) a subsidiary of the Company from Kobelco Wire Company Limited. Subsequent to the acquisition of the said shares by UMAI USSIL shall become a step-down wholly owned subsidiary of the Company.