Oricon Enterprises corrects Nomination & Remuneration Committee composition

Oricon Enterprises confirmed to BSE Limited on June 08, 2026, that there were no material reasons for the resignation of Independent Director Mr. Sumant Mimani other than those already disclosed. The clarification was provided in response to a request from the exchange seeking additional details regarding the director's departure under Regulation 30 of the SEBI (LODR) Regulations, 2015.

The company stated that Mr. Sumant Mimani (DIN: 01251535) does not hold any directorship in any other listed entities. Additionally, Oricon Enterprises addressed a typographical error in a previous announcement concerning the members of its Nomination & Remuneration Committee (NRC).

The correction involved replacing the name of Mr. Bal Mukand Gaggar with Mr. Shravan Kumar Malani. The updated composition of the committee was submitted to the exchange for record.

Nomination & Remuneration Committee Composition

Sr. No.	Name of Committee members	Category of Director	Chairperson/Member
1	Mrs. Mamta Biyani	Non-Executive Independent Director	Chairperson
2	Mr. Ramkishore Singhi	Non-Executive Independent Director	Member
3	Mr. Shravan Kumar Malani	Non-Executive Independent Director	Member

The disclosure was signed by Sanjay Jain, Company Secretary & Compliance Officer of Oricon Enterprises.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.89%	-2.49%	-7.59%	+5.49%	+28.56%	+122.52%

Oricon Enterprises Limited submitted applications to BSE Limited and National Stock Exchange of India Limited on June 03, 2026, seeking no-objection letters for the reclassification of 17 members from the “Promoter and Promoter Group” category to “Public” shareholders. This move follows the Board of Directors' approval on May 29, 2026, regarding requests dated May 26, 2026, and is being pursued in accordance with Regulation 31A(8)(c) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The aggregate shareholding of the members seeking reclassification is approximately 6.42% of the paid-up share capital.

The list of applicants includes individuals and entities such as Ms. Sujata Parekh Kumar, who holds 3.23%, and Sarvanmangal Mercantile Company Limited, holding 2.30% of the paid-up share capital. Other members like Varun Surendra Somani (HUF) and Ms. Vandana Somani hold smaller stakes of 0.52% and 0.01%, respectively. The company stated that the reclassification requests are subject to the approval of the stock exchanges.

Shareholders Seeking Reclassification

The table below details the members of the promoter and promoter group who have applied for reclassification:

S. No.	Name	Category	No. of Shares	Shareholding (%)
1.	Mr. Surendra Somani	Promoter	0	0.00%
2.	Mr. Varun Somani	Promoter Group	0	0.00%
3.	Ms. Namrata Somani	Promoter Group	0	0.00%
4.	Ms. Vandana Somani	Promoter Group	17,500	0.01%
5.	Varun Surendra Somani (HUF)	Promoter Group	8,17,380	0.52%
6.	Surendra Somani (HUF)	Promoter Group	0	0.00%
7.	Parijat Shipping and Finale Limited	Promoter Group	1,69,400	0.11%
8.	Surendra Somani (holding shares on behalf of Oriental Enterprises Partnership Firm)	Promoter group	27,540	0.02%
9.	Sarvanmangal Mercantile Company Limited	Promoter Group	36,10,500	2.30%
10.	Balkishan U Toshniwal (HUF)	Promoter Group	13,000	0.01%
11.	Ms. Sujata Parekh Kumar	Promoter Group	50,78,480	3.23%
12.	Ms. Anandita Sunil Parekh	Promoter Group	1,00,220	0.06%
13.	Ms. Arundhati Sunil Parekh	Promoter Group	1,00,220	0.06%
14.	Parekh Integrated Services Private Limited	Promoter Group	0	0.00%
15.	Mr. Sunil Khanna	Promoter Group	737	0.00%
16.	Ms. Sarita Khanna	Promoter	1,60,663	0.10%
17.	Mr. Sanjay Dosi	Promoter Group	100	0.00%