RR Kabel has approved the acquisition of U M Cables’ entire Optical Fibre Cable business for INR 77 crore through a slump sale, expanding its communication cable portfolio.

Sep 25, 2026

RR Kabel’s Board has approved the acquisition of the Business Undertaking of U M Cables Limited (UMCL), a wholly owned subsidiary of Usha Martin Limited, engaged in manufacturing and selling Optical Fibre and related Cables.

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The business undertaking, representing the entire business of UMCL, will be acquired on a going-concern basis through a slump sale for a lump-sum cash consideration of INR 77 crore, subject to working capital adjustments and conditions under the Business Transfer Agreement. The transaction does not involve acquisition of shares.

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The acquisition is aligned with RR Kabel’s objective of entering the optical fibre cable segment and expanding its presence in the communication cable segment. UMCL reported a turnover of INR 781.86 crore in FY2025-26. The transaction is expected to be completed within 60 days from execution of the Business Transfer Agreement, subject to fulfilment of the stipulated conditions.