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Business / Thu, 24 Sep 2026 cnbctv18.com

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R R Kabel | Company's board has approved the purchase and acquisition of the business undertaking of U M Cables Ltd, a wholly owned subsidiary of Usha Martin Ltd, through a slump sale on a going concern basis for a lump-sum consideration of ₹77 crore, subject to certain working capital adjustments and fulfilment of conditions to be set out in the Business Transfer Agreement.

R R Kabel | Company's board has approved the purchase and acquisition of the business undertaking of U M Cables Ltd, a wholly owned subsidiary of Usha Martin Ltd, through a slump sale on a going concern basis for a lump-sum consideration of ₹77 crore, subject to certain working capital adjustments and fulfilment of conditions to be set out in the Business Transfer Agreement.

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