NSEGeneral Updates1h ago · 25 Sept 2026, 05:04 pm

General Updates

Usha Martin Limited · USHAMART

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Usha Martin Limited has informed the Exchange about the execution of a Business Transfer Agreement for the sale of the business undertaking of U M Cables Limited to R R Kabel Limited on a going-concern basis.

Analysis Scores

Earnings Impact5/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

USHAMART: Usha Martin Limited has informed the Exchange about Execution of BusinessTransfer Agreement for sale of Business Undertaking of U M Cables Limited ( wholly owned subsidiary ).

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USHAMART_25092026170410_SEDisclosure25092026.pdf

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V MARTIN Date : 25th September 2026 The Manager The Secretary Societe de la Bourse de National Stock Exchange of India Ltd. BSE Limited Luxembourg Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers, 35A Bouleverd Joseph II Plot No. C/1, G Block, Dalal Street L-1840, Luxembourg Bandra Kurla Complex, Mumbai – 400 001 [Scrip Code: US9173002042] Bandra (E), Mumbai – 400 051 [Scrip Code: 517146] [Symbol: USHAMART] Dear Sir/Madam, Sub : Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) – Execution of Business Transfer Agreement for sale of Business Undertaking of U M Cables Limited (“wholly-owned subsidiary”) In continuation of our earlier intimation dated 24th September 2026 and pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations and consequent upon approval of shareholders of U M Cables Limited (“wholly owned subsidiary”), we would like to inform you that Usha Martin Limited (“the Company”), U M Cables Limited (“Seller”) and R R Kabel Limited (“Purchaser”), have executed a Business Transfer Agreement (“BTA”) on 25th September 2026 for the sale and transfer of business undertaking of U M Cables Limited to R R Kabel Limited on a going-concern basis, by way of a slump sale. The disclosure, as required under Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated 30th January 2026, has already been made to the Stock Exchanges on 24th September 2026. This disclosure is also being made available on the website of the Company i.e. www.ushamartin.com. Kindly take this on record. Thanking you, Yours faithfully, For Usha Martin Limited Manish Agarwal Company Secretary and Compliance Officer USHA MARTIN LIMITED CIN: L31400WB1986PLC091621 (c» Regd. Office: 2A Shakespeare Q (00 91 33) 71006300 contact@ushamartin.co.in 'v Sarani, Kolkata -700071, India ~ (00 91 33) 71006492 www.ushamartin.com