Orient Ceratech will sell its Windmill Power Division to Greenwin Energy Thirteen LLP for ₹15.25 crore. This move exits a non-core business segment, representing a small fraction of the company's turnover.

Orient Ceratech Divests Power Division for ₹15.25 Crore

Orient Ceratech Ltd has announced the sale of its Windmill Power Division to Greenwin Energy Thirteen LLP for ₹15.25 crore. The transaction aims to streamline operations and focus on core business activities.

What just happened

The company's Board of Directors approved the sale on June 18, 2026. The buyer, Greenwin Energy Thirteen LLP, is an independent entity, ensuring the transaction is at arm's length and not a related party deal.

Why this matters

This divestment marks Orient Ceratech's exit from its Windmill Power Division, a segment that contributed only 1.55% to its total turnover (₹6.27 crore) as of March 31, 2026. However, the division's net worth was ₹21.96 crore, representing 7.45% of the company's total net worth.

The backstory

Orient Ceratech's decision aligns with a strategy to divest smaller, non-core assets. The company will cease segment reporting for the Power Division post-transaction.

What changes now

Upon completion, which is expected within approximately six months, Orient Ceratech will receive ₹15.25 crore in cash. Investors should watch how these proceeds are utilized.

Risks to watch

No significant risks are immediately apparent as this is a strategic divestment of a small segment. The focus will be on the efficient deployment of the capital received.

Peer comparison

Information on specific peer divestments or valuations for similar power divisions is not provided in the filing.

Context metrics (time-bound)

The Windmill Division reported a turnover of ₹6.27 crore and a net worth of ₹21.96 crore as of March 31, 2026.

What to track next

Investors should monitor the timeline for deal completion and the company's future plans for the ₹15.25 crore capital infusion.

Reader Takeaway: Company exits non-core windmill business, receives ₹15.25 crore cash; monitor capital deployment.