Orient Ceratech Undergoes Income Tax Department Search, Operations Unaffected

1 min read     Updated on 16 Oct 2025, 09:30 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Orient Ceratech Limited underwent a search operation by the Income Tax Department at its registered office from October 13-16, 2025. The authorities seized certain records and electronic data, and recorded statements from company officials. Orient Ceratech cooperated fully with the proceedings. The company stated that the search was for limited verification purposes, with no current allegations of violations. They expect no financial impact, and business operations continue as usual.

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*this image is generated using AI for illustrative purposes only.

Orient Ceratech Limited , formerly known as Orient Abrasives Limited, recently underwent a search operation conducted by the Income Tax Department at its registered office. The company has reported that the search, which took place from October 13-16, 2025, was carried out under Section 132 of the Income-Tax Act, 1961.

Details of the Search Operation

During the four-day search, the Income Tax authorities seized certain records and electronic data for further examination. Additionally, statements from several company officials were recorded. Orient Ceratech has emphasized its full cooperation with the Income Tax Department throughout the proceedings.

Company's Response and Impact

In a regulatory filing to the stock exchanges, Orient Ceratech provided the following key information:

Aspect Details
Nature of Action Search conducted by the Income Tax Department
Duration October 13-16, 2025
Location Registered office of the company
Items Seized Certain records and electronic data
Alleged Violations No violations or contraventions committed or alleged as of now
Financial Impact No financial impact expected
Business Operations Remain unaffected and continue as usual

The company stated that the search was conducted for limited verification purposes, and there are currently no allegations of violations or contraventions. Orient Ceratech has assured stakeholders that its business operations remain unaffected and continue as usual.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Orient Ceratech promptly informed the stock exchanges about the search operation. The company's transparency in disclosing this information aligns with regulatory requirements and demonstrates its commitment to keeping investors informed.

Historical Stock Returns for Orient Ceratech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.18%-4.46%-11.41%+4.13%-28.60%+5.28%
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Orient Ceratech Invests ₹260 Million in Baraya Plant Upgrade for Enhanced Product Range

1 min read     Updated on 26 Sept 2025, 07:08 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Orient Ceratech Limited is investing ₹260 million to enhance its Baraya plant's manufacturing capabilities. The upgrade aims to diversify product range and improve market responsiveness without increasing the 30,000 MT annual capacity. The project, financed through debt, will be completed by September 30, 2025. It focuses on installing additional equipment, increasing production flexibility, and enabling the manufacture of multiple higher-value, technologically advanced products. This strategic move is expected to optimize capacity utilization and potentially boost revenue and profitability.

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*this image is generated using AI for illustrative purposes only.

Orient Ceratech Limited , formerly known as Orient Abrasives Limited, has announced a significant upgrade to its Baraya plant, investing ₹260.00 million (26.00 crores) to enhance its manufacturing capabilities. This strategic move aims to diversify the company's product range and improve its market responsiveness.

Plant Enhancement Details

The company has undertaken enhancement initiatives at its Baraya facility, which include:

  • Installation of additional equipment
  • Increased flexibility to shift from single product to multiple higher-value products
  • Focus on more technologically advanced products

Capacity and Investment

While the upgrade does not increase the plant's overall capacity, which remains at 30,000 MT per annum, it significantly enhances the facility's capabilities:

Aspect Details
Existing Capacity 30,000 MT per annum
Capacity Utilization As per demand
Proposed Capacity Addition Nil
Investment ₹26.00 crores (₹260.00 million)
Mode of Financing Debt
Completion Timeline September 30, 2025

Strategic Rationale

Orient Ceratech's decision to enhance the Baraya plant is driven by several factors:

  1. Product Diversification: The upgrade enables the production of higher-value products, potentially boosting revenue and profit.
  2. Market Responsiveness: Improved flexibility allows the company to swiftly respond to changing market demands.
  3. Capacity Optimization: The enhancement aims to optimize the utilization of existing capacity.
  4. Future-Ready: Orient Ceratech is assessing the feasibility of developing new products at this facility.

Impact on Operations

The modification is expected to have a positive impact on the company's operations:

  • Enhanced flexibility in production
  • Ability to manufacture multiple higher-value products
  • Improved capacity to meet existing product demand
  • Potential for new product development

This strategic investment aligns with Orient Ceratech's ongoing efforts to strengthen its market position and adapt to evolving industry demands. The company expects this upgrade to significantly contribute to its revenue and profitability in the coming years.

Investors and stakeholders will be keen to observe how this enhancement translates into tangible benefits for Orient Ceratech in terms of product offerings, market share, and financial performance.

Historical Stock Returns for Orient Ceratech

1 Day5 Days1 Month6 Months1 Year5 Years
-1.18%-4.46%-11.41%+4.13%-28.60%+5.28%
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