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Orient Cement gets nod to acquire stake in Vena Energy KN Wind Power

24 Jul 2026 Evaluate

Orient Cement has received approval for acquisition of 9.04% shareholding in the equity shares and cumulative convertible preference shares of Vena Energy KN Wind Power.

The company wishes to offtake the contracted quantity of electricity generated from the project as a captive user under captive consumption framework prescribed under the Electricity Act and the rules thereunder. It is expected that the proposed acquisition will be completed on or before August 31, 2026. Cost of acquisition is Rs 12.34 lakh. The Board of Directors of the company, at its meeting held on July 23, 2026, has, inter alia, considered and approved the same. 

The company is primarily engaged in the manufacture and sale of Cement. 


Orient Cement Share Price

129.50 -1.10 (-0.84%)
19-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11460.00
Ambuja Cements 406.00
ACC 1289.40
Shree Cement 24360.00
Dalmia Bharat 1875.00
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