Summary of Key Information:

Reporting Period (Quarter/Year): Not Applicable

Nature of Filing / Announcement: Acquisition of Business Undertaking

Date of Board Meeting / Approval: 24 September 2026

Audit Opinion: Not Specified

Auditor's Comment: Not Specified

Key Financial Highlights:

Standalone Results: Not Specified

Consolidated Results: Not Specified

Acquisition Details:

Target Entity: Business Undertaking of U M Cables Limited (wholly-owned subsidiary of Usha Martin Limited)

Business Activity: Manufacturing and selling of Optical Fibre and related Cables

Acquisition Type: Slump sale on a going concern basis

Purchase Consideration: ₹77 crores (Rupees Seventy-Seven Crores) lump sum payment

Additional Terms: Subject to working capital adjustments and fulfilment of conditions in Business Transfer Agreement

Target Business Turnover:

  • FY 2025-26: ₹7,818.64 Lakhs
  • FY 2024-25: ₹9,991.05 Lakhs
  • FY 2023-24: ₹13,534.48 Lakhs

Strategic Rationale: The acquisition is aligned with R R Kabel's strategic objective to enter the Optical Fibre Cable segment and expand its presence in the communication cable segment. This acquisition is expected to enhance the company's product offerings and operational capabilities.

Transaction Timeline: The transaction is expected to be completed on or before the Long Stop Date, being 60 days from the date of execution of the Business Transfer Agreement, or such other date as may be mutually agreed upon by the parties.

Related Party Status: The seller is unrelated to R R Kabel Limited or its promoter/promoter group/promoter group companies. The acquisition does not fall within related party transactions.

Industry Classification: Telecommunication cable manufacturing industry

Regulatory Approvals: Not Applicable

Corporate Actions: Not Specified

Regulatory Disclosures: This intimation is made pursuant to Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30 January 2026.

Other Significant Information:

  • U M Cables Limited was incorporated on 7 July 1987
  • The business undertaking represents the entire business of UMCL
  • The company operates in India
  • Board meeting commenced at 8:30 p.m. and concluded at 9:13 p.m.