Notice to the holders of

Usha Martin Limited GDR, US9173002042

Change of Listing Agent

We hereby inform you that Deutsche Bank Luxembourg S.A., has given notice of termination of its appointment as Listing Agent. Please be advised that with immediate effect the Company will assume the duties of Listing Agent in relation to the GDRs. Documentation will be available upon request.

For Usha Martin Limited

Shampa Ghosh Ray

Company Secretary

Dated: 19th December, 2022

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Usha Martin Limited published this content on 21 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 December 2022 23:10:09 UTC.