Date: 1st July, 2026
Disinvestment / Strategic Actions
Orient Ceratech Limited has executed and entered into an Agreement for Sale of its Windmills Business (Power Division) on 30th June, 2026. The transaction involves the sale of seven windmills and is being undertaken by way of a slump sale on a going concern basis.
All assets and liabilities pertaining to the Windmills Business shall stand transferred to the purchaser with effect from the cut-off date of 30th June, 2026.
Pursuant to subsequent negotiations between the Company and the purchaser, both parties have mutually agreed to revise the consideration under the Agreement. The total consideration for the sale has been revised upwards to ₹16.45 Crore from the previously disclosed amount.
Other Operational / Legal / Strategic Disclosures
The transaction represents a strategic divestment of the company's power division windmill assets. The slump sale structure indicates the business is being transferred as an operational unit rather than through individual asset sales.