Usha Martin enters into agreement with UGP Engineering
The agreement is for transfer/sale of leasehold land admeasuring approximately 10.11 acres situated in Tamil Nadu
Usha Martin has entered into an agreement with UGP Engineering (Buyer) on August 21, 2025 for transfer/sale of leasehold land admeasuring approximately 10.11 acres, along with structure(s), plant & machinery, etc. situated at Sriperumbudur, Tamil Nadu (Sale). Consideration received from such sale/disposal is Rs 29.52 crore. The said transaction is completed on August 21, 2025.
Usha Martin is one of the world’s leading manufacturer of wire rope.
