R R Kabel has received approval for the purchase and acquisition of the Business Undertaking of U M Cables, a wholly-owned subsidiary of Usha Martin, engaged in the business of manufacturing and selling of Optical Fibre and related Cables by way of a slump sale on a going concern basis at a lump sum purchase consideration of Rs 77 crore.
The acquisition of Business Undertaking is aligned with the strategic objective of the company to enter into Optical Fibre Cable segment and expand its presence in communication cable segment. This strategic acquisition is expected to enhance the company’s product offerings and operational capabilities. The Board of Directors of the company, at its meeting held on September 24, 2026, has considered and approved the same.
RR Kabel is primarily engaged in the manufacturing, marketing and sale of consumer electrical products across two broad segments - wires and cables and fast-moving electrical goods.
