Orient Cement Acquires 9.04% Stake in Vent Energy KN Wind Power

Orient Cement Limited has taken a significant step toward strengthening its renewable energy portfolio by approving the acquisition of a 9.04% equity stake in Vent Energy KN Wind Power Private Limited. The decision was approved by the company’s Board of Directors during its meeting held on July 23, 2026, and aligns with Orient Cement’s long-term strategy to source sustainable power through the captive consumption mechanism under the Electricity Act.

Acquisition Details

Under the approved transaction, Orient Cement will acquire a 9.04% shareholding in Vent Energy KN Wind Power Private Limited, comprising 25,665 equity shares and 9,777 cumulative convertible preference shares, for a total cash consideration of ₹12.34 lakh.

Vent Energy KN Wind Power Private Limited operates in the renewable energy sector and owns a 46 MW wind power plant located in Angul District, Karnataka. The company reported a turnover of ₹59.85 crore for the financial year ended March 31, 2025. The acquisition is expected to be completed on or before August 31, 2026.

Driving Sustainable and Cost-Efficient Operations

The investment will enable Orient Cement to procure renewable electricity generated from Vent Energy’s wind power project under the captive consumption framework. This strategic arrangement is expected to provide the company with reliable access to green energy while lowering long-term power procurement costs.

As electricity is one of the largest operating expenses for cement manufacturers, the move is likely to improve energy efficiency, reduce dependence on conventional power sources, and support the company’s environmental, social, and governance (ESG) objectives by lowering its carbon footprint.

Transaction Remains Independent

Orient Cement clarified that the acquisition is not a related-party transaction, and neither the company’s promoters nor promoter group have any existing interest in Vent Energy KN Wind Power Private Limited.

Q1 FY27 Financial Results Also Announced

Alongside the renewable energy investment, Orient Cement also submitted its unaudited financial results for the quarter ended June 30, 2026, providing investors with an update on the company’s operational and financial performance for the first quarter of FY27.