Orient Cement declares Q1 FY27 unaudited results, acquires Vena Energy stake

Orient Cement Limited announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors also approved the acquisition of a 9.04% stake in Vena Energy KN Wind Power Private Limited. The acquisition involves 25,665 equity shares and 9,777 cumulative convertible preference shares for a cash consideration. Vena Energy operates a 46 MW wind power project in Karnataka and is engaged in renewable energy generation. The acquisition is expected to be completed by August 31, 2026, with the company intending to off-take electricity generated from the project under a captive consumption framework. The financial results and acquisition details were submitted to the stock exchanges and uploaded on the company's website.