R R Kabel Ltd

RR Kabel to acquire U M Cables for Rs. 77 crore slump sale; target's revenue trends 📊

- U M Cables acquisition approved (wholly-owned by Usha Martin)

- Consideration: Rs. 77 crores cash slump sale

- Target manufactures optical fibre cables

- Expected completion within 60 days

- FY26 turnover: Rs. 7,818.64 Lakhs

- FY25 turnover: Rs. 9,991.05 Lakhs

- FY24 turnover: Rs. 13,534.48 Lakhs