Orient Ceratech signs agreement for sale of thermal power station
Orient Ceratech Limited signed an agreement on June 9, 2026, to sell its Thermal Power Station, following initial announcements in February 2026 and May 2027. The Managing Director executed the agreement, and the company notified the exchanges under Regulation 30 of the SEBI Regulations, 2015.

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Orient Ceratech Limited has signed an agreement for the sale of its Thermal Power Station on June 9, 2026. The agreement marks the execution of the company's plan to divest its Power Division, a move previously communicated to the stock exchanges. This strategic divestment aims to streamline operations and focus on core business areas.
The company had initially informed the exchanges about its intention to sell the Thermal Power Station on February 4, 2026. A subsequent update was provided on May 27, 2027, keeping shareholders apprised of the progress. The signing of the sale agreement on June 9, 2026, represents a significant milestone in this process.
The agreement was signed by Manan Chetan Shah, Managing Director of Orient Ceratech Limited. The company has formally notified BSE Limited and the National Stock Exchange of India Ltd. regarding this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
| Key Event | Date |
|---|---|
| Initial Announcement | February 4, 2026 |
| Subsequent Update | May 27, 2027 |
| Agreement Signed | June 9, 2026 |
The sale of the Thermal Power Station is expected to impact the company's financial structure and operational focus. Further details regarding the financial implications and the buyer's identity were not disclosed in the filing. Shareholders are advised to await additional announcements from the company.
Historical Stock Returns for Orient Ceratech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.42% | -6.21% | -8.13% | -8.42% | +3.23% | +41.00% |
How will the proceeds from the Thermal Power Station sale be allocated to strengthen the company's core business areas?
What specific operational efficiencies or cost savings does Orient Ceratech expect to achieve by divesting the Power Division?
Who is the buyer of the Thermal Power Station, and what are the strategic synergies driving this acquisition?


































