01-Nov-2026 10:40:54
USHAMARTAcquisition and merger
USHA MARTIN : COMPLETES SLUMP SALE OF U M CABLES BUSINESS TO R R KABEL
• Business undertaking of U M Cables Limited (wholly-owned subsidiary) transferred to R R Kabel Limited on a going concern basis via slump sale • Transfer effective from closing hours of 31st October 2026 • Business Transfer Agreement was executed on 25th September 2026 among Usha Martin, U M Cables and R R Kabel • Follows earlier intimations dated 24th September 2026 and 25th September 2026; no transaction value disclosed in this filing Impact: Neutral (Completion of previously disclosed slump sale; deal consideration was not restated in this disclosure)
Usha Martin Ltd
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