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As on : 24-Sep-2026
Corporate News
24-Sep-2026     22:35

R R Kabel to acquire U M Cables for Rs 77 crores, expanding into optical fibre cables

R R Kabel Limited announced that its board of directors approved the purchase and acquisition of the business undertaking of U M Cables Limited, a wholly-owned subsidiary of Usha Martin Limited, for a lump sum purchase consideration of Rs 77 crores, subject to working capital adjustments and fulfillment of certain conditions. The acquisition, which is expected to be completed on or before 60 days from the date of the Business Transfer Agreement, will allow R R Kabel to enter the optical fibre cable segment and expand its presence in the communication cable segment. U M Cables Limited, incorporated on July 7, 1987, reported a turnover of Rs 7,818.64 lakhs for the fiscal year 2025-26.

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