Orient Ceratech sells windmills business for Rs 16.45 Cr

Orient Ceratech Limited has executed an agreement to sell its Windmills Business for a revised consideration of Rs 16.45 Crore. The slump sale transaction, completed on June 30, 2026, involves the transfer of seven windmills along with all associated assets and liabilities on a going concern basis. The sale consideration was increased following mutual negotiations between the company and the purchaser.

The transaction was undertaken pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company had initially disclosed its intent to sell the Power Division on June 18, 2026. The cut-off date for the transfer of the business is June 30, 2026.

Transaction Details

Parameter	Details
Transaction Type	Slump Sale
Business Sold	Windmills Business (Power Division)
Assets Included	7 Windmills and all related assets and liabilities
Agreement Date	June 30, 2026
Cut-off Date	June 30, 2026
Total Consideration	Rs 16.45 Crore

The agreement was signed by Krupal Upadhyay, Company Secretary & Compliance Officer of Orient Ceratech Limited. The filing was submitted to the BSE Limited and the National Stock Exchange of India Ltd. on July 1, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.08%	+2.67%	+8.61%	-9.92%	+1.15%	+24.56%

Orient Ceratech Limited has confirmed that its promoters and promoter group did not create any encumbrances on their shareholdings during the Financial Year 2025-2026. Manan Chetan Shah, on behalf of the promoter and promoter group, submitted the annual declaration to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that no shares were encumbered directly or indirectly by the promoters throughout the fiscal year.

The disclosure provides a detailed breakdown of the shareholding held by the promoter group as on March 31, 2026. The data indicates that the total number of shares held by the promoters amounts to 48,054,271, with zero shares encumbered. This represents 0% of the total shareholding of the promoter and promoter group being subject to any encumbrance.

Shareholding Details

The following table outlines the specific shareholding details of the promoter group members:

Name of Shareholder	Number of Shares	No. of Shares Encumbered	% of Encumbered Shares
Bombay Minerals Limited	28382453	0.00	0.00
Ashapura International Limited	9995136	0.00	0.00
Manan Chetan Shah	6821507	0.00	0.00
Chetan Navnitlal Shah	2578860	0.00	0.00
Chaitali Nishit Salot	111000	0.00	0.00
Himani Chetan Shah	165315	0.00	0.00
Total	48054271	0.00	0.00

The declaration was submitted to the BSE Limited and the National Stock Exchange of India Ltd. on April 7, 2026. A copy of the disclosure was also forwarded to the Company Secretary and the Audit Committee of Orient Ceratech .