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Usha Martin completed the Rs. 77 Crore slump sale of U M Cables' optical fibre business to R R Kabel. Transfer took effect 31 October 2026.
Usha Martin reports completion of its subsidiary U M Cables' business slump sale to R R Kabel, effective 31 October 2026. No consideration amount is disclosed.
Usha Martin Limited executed a Business Transfer Agreement to sell the business undertaking of its subsidiary, U M Cables Limited, to R R Kabel Limited.
Usha Martin Ltd has approved the slump sale of its wholly-owned subsidiary's (U M Cables Limited) business undertaking to R R Kabel Limited for ₹77 Crore.