25 Sep 2026
RR Kabel signed the agreement to buy U M Cables' optical fibre cable business from Usha Martin for Rs 77 crore.
The slump sale hands RR Kabel a running platform in optical fibre cables, a segment it was not in. U M Cables turned over Rs 78.19 crore in FY2025-26 and the exit lets Usha Martin refocus on wire ropes.
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