General Updates

USHA MARTIN Date: 1st November 2026 The Manager The Secretary Societe de la Bourse de National Stock Exchange of India Ltd. BSE Limited Luxembourg Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy 35A Bouleverd Joseph II Plot No. C/1, G Block, Towers, L-1840, Luxembourg Bandra Kurla Complex, Dalal Street [Scrip Code: US9173002042] Bandra (E), Mumbai – 400 051 Mumbai – 400 001 [Symbol: USHAMART] [Scrip Code: 517146] Dear Sir/Madam, Sub.: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Completion of Slump Sale of the Business Undertaking of U M Cables Limited (“Wholly-owned subsidiary”) In continuation of our earlier intimations dated 24th September 2026 and 25th September 2026, and pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations, we would like to inform you that in terms of the Business Transfer Agreement executed on 25th September 2026 among Usha Martin Limited, U M Cables Limited and R R Kabel Limited, the business undertaking of U M Cables Limited has been transferred to R R Kabel Limited, on a going concern basis, via slump sale, with effect from the closing hours of 31st October 2026. The disclosure, as required, under Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, has already been made to the Stock Exchanges on 24th September 2026. This disclosure is also being made available on the website of the Company i.e. www.ushamartin.com. Kindly take this on record. Thanking you, Yours faithfully, For Usha Martin Limited Manish Agarwal Company Secretary & Compliance Officer USHA MARTIN LIMITED CIN: L31400WB1986PLC091621 (rr) Regd. Office: 2A Shakespeare 0 (00 9133) 71006300 B contact@ushamartin.co.in 'v Sarani, Kolkata -700071, India .C:::::,. (00 91 33) 71006492 www.ushamartin.com