Oricon Enterprises Board Approves Sale of 25% Stake in Tecnocap Oriental Private Limited
Oricon Enterprises Limited's Board of Directors approved the sale of 2,46,833 equity shares (25% stake) in associate company Tecnocap Oriental Private Limited on February 14, 2026. The transaction will follow terms outlined in the Joint Venture Agreement dated February 28, 2020, executed between Oricon Enterprises, TGP Tecnocap Group Partecipazoini S.R.L, and Tecnocap Oriental Private Limited. The company will submit detailed regulatory information upon agreement execution as required under SEBI regulations.
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Oricon Enterprises Limited announced that its Board of Directors has approved the sale of equity shares in associate company Tecnocap Oriental Private Limited during a board meeting held on February 14, 2026.
Transaction Details
The board approved the sale of 2,46,833 equity shares, representing a 25% stake in Tecnocap Oriental Private Limited. The transaction will be executed according to the terms and conditions specified in the Joint Venture Agreement dated February 28, 2020.
| Parameter: | Details |
|---|---|
| Shares to be Sold: | 2,46,833 equity shares |
| Percentage Stake: | 25% |
| Target Company: | Tecnocap Oriental Private Limited |
| Governing Agreement: | Joint Venture Agreement dated February 28, 2020 |
Joint Venture Background
The sale follows the framework established in the original Joint Venture Agreement executed between three parties:
- Oricon Enterprises Limited
- TGP Tecnocap Group Partecipazoini S.R.L
- Tecnocap Oriental Private Limited
The 2020 agreement contains specific terms and conditions that govern such equity transactions between the joint venture partners.
Regulatory Compliance
Oricon Enterprises has committed to submitting detailed information as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 upon execution of the sale agreement. The company made this disclosure in compliance with Schedule III of Regulation 30 of SEBI regulations.
Board Meeting Information
The Board of Directors meeting commenced at 06:30 P.M. and concluded at 08:00 P.M. on February 14, 2026. The meeting was conducted to deliberate and approve this significant corporate transaction involving the associate company stake sale.
Historical Stock Returns for Oricon Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.30% | +1.55% | +9.16% | +23.38% | +66.34% | +179.75% |
























