Tag
U M Cables Limited
2 articles
Usha Martin Sells Optical Cable Unit for ₹77 Crore
Usha Martin's board approved slump sale of subsidiary UMCL's optical fibre cable business to R R Kabel for ₹77 crore.
The divested business contributed 2.12% of consolidated revenue and 1.07% of net w
R R Kabel Acquires U M Cables for ₹77 Crores
R R Kabel Board approved acquisition of U M Cables' optical fibre business for ₹77 crores via slump sale.
The acquisition is strategic to enter the optical fibre cable segment and expand communication