ORIENT CERATECH LIMITED
Incorporated in 1974, Orient Ceratech Ltdis in the business of production and tradingof aluminum refractories and monolithicsproducts, mining of bauxite ores and generation of power
What ORIENT files
- Others59
- Board Meeting9
- Important9
- Dividend/Bonus4
- Updates4
- Credit Ratings2
Orient Ceratech completed the sale of its Windmills Business (Power Division) via a slump sale. The consideration for this transaction was revised upwards to 16.45 Cr, reflecting a positive financial adjustment.
ORIENT CERATECH LIMITED has informed the Exchange about General Updates
Orient Ceratech's board approved financial results, reporting annual consolidated revenue of ₹403.60 Cr and net profit of ₹21.86 Cr. A dividend of ₹0.35 per share was proposed. The sale of its Thermal Power Station was approved for ₹3.75 Cr.
Orient Ceratech's board meeting approved financial results for the quarter and nine-month period. Its Power Division was re-classified as an asset held for sale at a written-down value of ₹3.57 Cr. An exceptional charge of ₹1.69 Cr (standalone) and ₹2.14 Cr (consolidated) from new labour codes was also noted.