{"id":399652,"date":"2026-10-24T12:00:31","date_gmt":"2026-10-24T06:30:31","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=399652"},"modified":"2026-10-24T09:58:33","modified_gmt":"2026-10-24T04:28:33","slug":"khaitan-and-co-advises-u-m-cables-sale-optical-fibre-business-rr-kabel","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2026\/10\/24\/khaitan-and-co-advises-u-m-cables-sale-optical-fibre-business-rr-kabel\/","title":{"rendered":"Khaitan &amp; Co. advises U M Cables on sale of optical fibre cable business to RR Kabel"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"margin-bottom: 3%;\">Khaitan &amp; Co advised U M Cables Limited (&#8220;<span class=\"Strong\">U M Cable<\/span>s&#8221;), a wholly owned subsidiary of Usha Martin Limited, on the sale of its optical fibre and related cable manufacturing and sales business to RR Kabel Limited (&#8220;<span class=\"Strong\">RR Kabel&#8221;<\/span>) through a slump sale.<\/p>\n<p style=\"margin-bottom: 3%;\">U M Cables is a wholly owned subsidiary of Usha Martin Limited and is engaged in the manufacture and sale of optical fibre and related cables.<\/p>\n<p style=\"margin-bottom: 3%;\">RR Kabel is a leading Indian wires and cables manufacturer. The transaction marks RR Kabel&#8217;s entry into the optical fibre cable segment and expands its presence in the broader communication cables market.<\/p>\n<p style=\"margin-bottom: 3%;\">The core team comprised of Anuj Shah (Partner), Prithwijit Gangopadhyay (Partner), Vibhav Seth (Principal Associate), Sanjana Dwivedi (Senior Associate) and Yashvi Chandak (Associate).<\/p>\n<p style=\"margin-bottom: 3%;\">The deal team was assisted by the following:<\/p>\n<p style=\"margin-bottom: 3%;\">Direct tax aspects: Sneh Shah (Partner) and Pal Jain (Associate);<\/p>\n<p style=\"margin-bottom: 3%;\">Indirect tax aspects: Arvind Baheti (Executive Director)<\/p>\n<p style=\"margin-bottom: 3%;\">SEBI regulatory aspects: Sharad Abhyankar (Partner) and Saranya Mishra (Principal Associate).<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p style=\"font-style: italic;\">U M Cables is a wholly owned subsidiary of Usha Martin Limited and is engaged in the manufacture and sale of optical fibre and related cables.<\/p>\n","protected":false},"author":67533,"featured_media":399653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45282,2],"tags":[6791,81364,88133,8901,117993,117051,66040,117992,117994],"class_list":["post-399652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-firms-news","category-news","tag-khaitan-co","tag-legal-advisory","tag-ma-transaction","tag-mergers-and-acquisitions","tag-optical-fibre-cable-business-sale","tag-rr-kabel-limited","tag-slump-sale","tag-u-m-cables-limited","tag-usha-martin-limited"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v28.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Khaitan &amp; 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