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Usha Martin’s arm completes acquisition of 2.02% stake in USSIL

11 Dec 2024 Evaluate

Usha Martin’s wholly owned subsidiary -- Usha Martin Americas Inc. (UMAI) has completed acquisition of 2.02% of the share capital of Usha Siam Steel Industries Public Company (USSIL), a subsidiary of the Company from Kobelco Wire Company. 

Consequent to the aforesaid acquisition, USSIL has become a step down wholly owned subsidiary of the Company. 

Usha Martin is one of the world’s leading manufacturer of wire rope.

Usha Martin Share Price

448.25 2.40 (0.54%)
17-Apr-2026 12:34 View Price Chart
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