Usha Martin sells U M Cables business to R R Kabel via slump sale

Core business divestedStrategic Transactions View source PDF Explain this filing

USHAMART · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹517.50

prior close

₹520.05

announcement price

After-mkt

timing

Nifty Smallcap 250market-1.6%+0.1% vs market

Iron & Steel Products peers, median of 106sector-1.0%-0.6% vs sector

On the reaction day the stock moved 0.1 pts more than Nifty Smallcap 250 and 0.6 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.0

10m

-2.3

15m

-2.6

30m

-3.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-1.6+0.1-1.0-0.6

Next day

-3.7-2.3-1.4-1.2-2.5

-4.6-2.0-2.7-1.0-3.6

-4.5-3.1-1.4-2.9-1.6

-1.8-2.8+1.0-3.9+2.1

-0.3-1.4+1.1-2.9+2.6

-2.7-3.7+1.0-5.6+2.9

15d

-8.1-6.2-2.0-7.1-1.0

-10.4-6.4-3.9-9.3-1.0

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UpDownMarket · Nifty Smallcap 250Sector · Iron & Steel Products peers, median of 106Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Usha Martin has executed a Business Transfer Agreement to sell the business undertaking of its wholly-owned subsidiary U M Cables Limited to R R Kabel Limited via slump sale on a going-concern basis. Shareholders of U M Cables had already approved the deal. The disclosure follows an earlier intimation dated 24th September 2026.

Likely market impact

Usha Martin exits its cables business via slump sale to R R Kabel, simplifying its portfolio. Proceeds likely used for debt reduction or growth.