Usha Martin’s two promoters namely -- Peterhouse Investments and PACs have sold 63,000 equity shares of company via open market transactions. The two promoters' shareholding in the company thus decreased to 1.91 percent from 1.94 percent.
Usha Martin is engaged in manufacture and sale of steel wires, strands, wire ropes, cord, related accessories and manufacture and sale of wire drawing and allied machines.