Usha Martin Ltd
BSE : 517146
NSE : USHAMART
Sector :Metals & Mining
ISIN Code : INE228A01035
NSE
379.10
-4.70 (-1.22%)
Open
388.00
High
392.50
Low
377.80
BSE
379.10
-6.70 (-1.74%)
Open
390.85
High
391.00
Low
377.80
Announcement under Regulation 30 (LODR)-Updates on Acquisition
04:01 PM,2nd Jan 2025
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.
