Oricon Enterprises Limited
Incorporated in 1968, Oricon EnterprisesLtd manufactures petrochemical products, trading, liquid colorants and real estate, preform, metal and plastic closures
What Oricon files
- Others59
- Important10
- Updates9
- Board Meeting9
- Insider Trade6
- Dividend/Bonus3
Oricon Enterprises has dispatched the annual report and meeting notice digitally to eligible shareholders, while providing alternative weblinks, QR codes, and options to request physical copies for unregistered accounts, ensuring complete corporate transparency and shareholder accessibility.
Board approved financial results for the quarter and year. It proposes Rs 0.20/share dividend. Strategic moves include selling an 80% stake in non-material subsidiary Oriental Containers and exiting Claridge Energy LLP. The board also approved reclassification of certain promoters.
Oricon Enterprises received requests from 17 promoter/promoter group entities to reclassify 99.36 lakh shares (approx 6.42% stake) as public. This potential reclassification, awaiting board review, could boost the public float.
Oricon Enterprises' promoters settled family disputes through an MOFS. This agreement re-aligns shareholding and management rights, consolidating company control solely within one family branch. This move clarifies leadership and ownership structure for investors.
Oricon Enterprises has agreed to sell its metal crown seals and roll-on pilfer proof closures business to Guala Closures for an enterprise value of Rs. 42.50 Cr. This divested unit contributed Rs. 110.46 Cr, or 20.75% of Oricon's turnover, and Rs. 44.12 Cr (5.46%) to its net worth last fiscal...