Oricon Enterprises Limited has informed stock exchanges that its Board of Directors has approved the sale of assets related to one of its manufacturing units, in compliance with Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The decision was taken at the company’s board meeting held on Monday, December 29, 2025. During the meeting, the board considered and approved the sale of assets of its unit engaged in the manufacturing of aluminium collapsible tubes. The facility is located at Plot No. A-2/9, MIDC Murbad, in Thane district, Maharashtra.
In its regulatory filing, the company stated that detailed disclosures as required under SEBI regulations will be submitted once the relevant agreements are executed or upon the occurrence of the specified event. This indicates that the transaction is currently at the approval stage, with further information to be shared as the process moves forward.
The board meeting commenced at 3:15 PM and concluded at 3:50 PM, during which the approval for the asset sale was formally granted.
