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Sunday, December 22, 2024 | 10:54 AM ISTEN Hindi

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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)-Updates on Acquisition

12:00 AM,20th Dec 2024

We refer to our earlier letter dated 6th December 2024 wherein it was informed that Usha Martin Americas Inc.(hereinafter referred to as UMAI)a wholly owned subsidiary of the Company in the United States of America had entered into an Agreement to acquire 2.02% of the share capital of Usha Siam Steel Industries Public Company Limited(hereinafter referred to as USSIL)a subsidiary of the Company from Kobelco Wire Company Limited. The said acquisition has been completed today. Consequent to the aforesaid acquisition USSIL has become a step down wholly owned subsidiary of the Company.