Orient Ceratech Limited has issued a clarification to the BSE regarding recent movements in its stock price, responding to an inquiry from the exchange dated January 2, 2026. The company, formerly known as Orient Abrasives Limited and part of the Ashapura Group, addressed concerns about price volatility across exchanges in recent trading sessions.

Company's Response to BSE Inquiry

In its official communication dated January 5, 2026, Orient Ceratech stated that no material events, information, or announcements have occurred that would require disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that all relevant information has been properly disclosed as per regulatory requirements.

Market-Driven Price Movement

The company attributed the stock price movement purely to prevailing market conditions, stating that it is "absolutely market driven" with no involvement from the company's management. This clarification aims to address any speculation about potential undisclosed corporate developments or management actions that might have influenced the stock's performance.

Corporate Governance Commitment

Orient Ceratech reaffirmed its commitment to maintaining good corporate governance standards and assured stakeholders of its continued compliance with all applicable rules and regulations. The company specifically emphasized its dedication to keeping stock exchanges informed about all price-sensitive information in a timely manner. Company Secretary and Compliance Officer Seema Sharma signed the official response, reinforcing the company's formal commitment to transparency and regulatory compliance.

Orient Ceratech Limited , a key player in the alumina refractories and monolithics products sector, has reported robust financial results for the second quarter ended September 30, 2025, alongside significant board changes and expansion plans.

Financial Highlights

The company's standalone financial results for Q2 FY2025-26 show impressive growth:

The company's performance demonstrates substantial year-on-year growth, with revenue from operations increasing by 59.27% and net profit surging by 248.57% compared to the same quarter in the previous year.

Board Changes and Appointments

Orient Ceratech has announced several key changes to its board:

1. Mrs. Akhila Agnihotri Samdaria has been appointed as an Additional Director (Non-Executive, Independent) for a five-year term, effective November 10, 2025.
2. Mr. Manan Shah has been re-appointed as Managing Director for another five-year term, starting April 12, 2026.
3. Mrs. Neeta Shah has resigned from her position as Independent Director due to other professional commitments.

Expansion Plans

The company's wholly-owned subsidiary, Orient Advanced Materials Private Limited (OAMPL), plans to establish a new plant at Baraya. This facility will focus on foundry coating and resin coating line business, aligning with the company's growth and expansion strategy. The plant is expected to be operational by the end of Q4 FY2025-26.

Regulatory Challenges

Orient Ceratech has received an eviction order from Gujarat Industrial Development Corporation (GIDC) for its Porbandar premises, citing alleged outstanding dues of approximately ₹2.51 crores for FY2023-24 and FY2024-25. The company plans to challenge this order in the District Court, maintaining that the claim is under dispute.

Segment Performance

The company's primary segment, Alumina Refractories & Monolithics products, showed strong results:

The Power division, while smaller, also contributed positively to the overall performance.

Orient Ceratech's strong financial results, coupled with strategic board changes and expansion plans, indicate a positive outlook for the company. However, the regulatory challenge in Porbandar may require careful management. Investors and stakeholders will likely watch closely how the company navigates these developments in the coming quarters.