RR Kabel Acquires U M Cables Business Undertaking
M&A / Stake Purchase / Joint Venture
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
25th Sep 2026
Target Entity: U M Cables Limited (UMCL)
- UMCL is a wholly-owned subsidiary of Usha Martin Limited
Type of Deal: Acquisition via Slump Sale
- Acquisition of UMCL's Business Undertaking
- Structured as a slump sale transaction
- Conducted on a going concern basis
Deal Structure:
- Business Transfer Agreement executed on 25 September 2026
- Parties to agreement: R R Kabel Limited, U M Cables Limited, and Usha Martin Limited
Approval Status: Executed
- Agreement has been executed between the parties
Additional Information:
- Intimation also uploaded on company website at www.rrkabel.com
- Signed by Anup Vaibhav C. Khanna, Company Secretary and Compliance Officer (ICSI M. No.: F6786)