Sale18 Jun 2026, 06:55 pm
Orient Ceratech Sells Windmills Power Division for ₹15.25 Cr
AI Summary
Orient Ceratech Ltd has approved the sale of its Windmills (Power Division) for ₹15.25 crore. The transaction is expected to be completed within approximately six months after the agreement is signed. Following the sale, the Power Division will no longer be part of the company's operations. The division contributed 1.55% to the total turnover and 7.45% to the net worth in the last financial year. The buyer, Greenwin Energy Thirteen LLP, is not related to the promoter group.
Key Highlights
- Board approved sale of Windmills Power Division for ₹15.25 Cr.
- Division contributed 1.55% to turnover, 7.45% to net worth.
- Sale expected to conclude within six months.
- Buyer is an unrelated third party.
- Power division will cease to be part of company operations.
Price Impact
More from ORIENTABRA