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RR Kabel Buys Optical Fiber Business for ₹77 Crore
25 Sep
Summary
- RR Kabel acquired UMCL's business for ₹77 crore cash.
- The deal marks RR Kabel's entry into the optical fibre cable segment.
- Acquisition provides ready manufacturing assets and an operating platform.
RR Kabel Limited has finalized an agreement to acquire the business operations of U M Cables Ltd (UMCL), a subsidiary of Usha Martin Ltd. The transaction, valued at ₹77 crore in cash, was completed on Friday, September 25, 2026, through a business transfer agreement.
This acquisition signifies RR Kabel's strategic entry into the optical fibre cable (OFC) sector. It provides the company with an immediate operational platform, including existing manufacturing facilities and a proven track record, thereby expediting its expansion in the broader communication cables market.
Rajesh Kabra, Joint Managing Director of RR Kabel, stated that the purchase offers a strong foundation in OFC. He believes RR Kabel's scale and market reach will drive future growth for the acquired business and enhance its overall cable portfolio.
