R R Kabel Ltd

R R Kabel Limited trading window closed from 01 October 2026 until 48 hours after the declaration of the Unaudited Financial Results (Standalone and Consolidated) for the quarter ending 30 September 2026.

Acquisition overview

• Target entity: U M Cables Limited, subsidiary of Usha Martin Limited; line of business not disclosed.
• Transaction form: slump sale on going concern basis for the business undertaking.
• Consideration: not disclosed.
• Regulatory approvals: not disclosed.
• Timeline: not disclosed.
• Ownership impact: asset slump sale; no shareholding change.
• Background: UMCL is a wholly-owned subsidiary of Usha Martin Limited.
• Disclosures already made to exchanges on 24 September 2026.
• Agreement executed on 25 September 2026.

OFC acquisition

• Board approves slump-sale, lump-sum ₹77 crore acquisition of UMCL's OFC business.
• RR Kabel enters Optical Fibre Cable segment via established platform and assets.
• Acquisition accelerates expansion into communication cables and broadens product portfolio.
• UMCL is a wholly-owned subsidiary of Uusha Martin Limited.
• Announcement date: 25 September 2026.

Acquisition terms

• Board approves purchase of UMCL business undertaking via slump sale.
• Cash consideration Rs 77 crore; subject to working capital adjustments.
• Acquisition to be executed under a Business Transfer Agreement.
• Completion by Long Stop Date 60 days from BTA execution.
• UMCL turnover FY2025-26: Rs 7,818.64 Lakhs.
• Seller is unrelated; not a related-party transaction.

Strategic rationale

• Acquisition aligns with entry into Optical Fibre Cable segment.
• Expands RR Kabel's presence in the communication cable market.

Target profile and timing

• UMCL is engaged in Optical Fibre and related cables.
• Turnover history: 2023-24 Rs 13,534.48 Lakhs; 2024-25 Rs 9,991.05.
• FY2025-26 turnover Rs 7,818.64 Lakhs.
• Long Stop Date: 60 days from BTA execution.

Regulatory and disclosures

• Not a related-party transaction; seller unrelated.
• Regulatory disclosure filed under Regulation 30 with SEBI.
• Annexure I contains required disclosures.

Rating actions

• Long-Term rating upgraded from IND AA-/Stable to IND AA/Stable; Short-Term rating affirmed at IND A1+.
• New 30,000 million bank facilities rated IND AA/Stable/IND A1+.

Rating Agency

• Rating agency: India Ratings and Research Private Limited (Ind-Ra).

Meeting Details

• 28 September 2026, Nuvama Conference, Mumbai; Physical – Group & One-on-One.
• 29 September 2026, Prabhudas Lilladher Emerging Titans: Unlocking India's Next Growth Leaders, Mumbai; Physical – Group & One-on-One.

Purpose

• Purpose: investor interaction with analysts to discuss company updates.

Meeting Details

• Date: Wednesday, 23 September 2026.
• Event: Plant Visit for Analysts/Investors (group).
• Mode: In-person; Location: Waghodia, Vadodara.

Participants

• Company officials will participate in discussions with analysts/investors.

Purpose

• Purpose: Plant visit followed by interaction with company officials.

Operational Update

• Commenced commercial production at Unit 3 wires and cables in Silvassa, UT of Dadra & Nagar Haveli.
• Current operational capacity is 12,000 MT per annum.
• Total planned capacity 18,000 MT per annum; ready by December 2026.

Regulatory Update

• Show Cause-cum-Demand Notice from DGGI Surat received on 27 August 2026.
• GST demand of INR 13,19,45,614 for FY 2020-21 to 2023-24.
• Notice issued under CGST/SGST/IGST provisions (74(1), 122(1)(ii)).
• Company evaluating the notice and will file submissions within prescribed timeline.
• No material impact on financials or operations envisaged currently.

Resignation: SMP Vivek Dubey

• Vivek Dubey, AVP–Procurement (SMP), resigned; cessation 31 Aug 2026 to pursue a new opportunity and career aspirations.