Usha Martin Completes Slump Sale of U M Cables Undertaking

Usha Martin Limited has announced the completion of the slump sale of the business undertaking of its wholly-owned subsidiary, U M Cables Limited, to R R Kabel Limited. This transaction, effective from the closing hours of October 31, 2026, was executed based on a Business Transfer Agreement signed on September 25, 2026. The company had previously intimated the stock exchanges about this development on September 24 and 25, 2026, in compliance with SEBI Listing Regulations. The disclosure is also available on Usha Martin's website.