RR Kabel Acquires UM Cables' OFC Business for ₹77 Cr

RR Kabel Limited announced its Board of Directors has approved the acquisition of U M Cables Limited's Optical Fibre Cable (OFC) business for a cash consideration of ₹77 crore. This acquisition, structured as a slump sale, marks RR Kabel's strategic entry into the OFC segment, expanding its presence in the communication cables market. The deal provides RR Kabel with an established operating platform, including manufacturing assets and existing approvals, accelerating its growth in this sector. This move complements RR Kabel's existing portfolio and is expected to strengthen its overall offerings in communication infrastructure.