Oricon Enterprises Files Revised SEBI Disclosure for Promoter Group Transactions

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Key Highlights

Oricon Enterprises submitted revised disclosures under SEBI Regulation 29(2) following BSE observations about incomplete details in previous filings. The revised submissions cover promoter group inter-se transfers from September 2025, including Adarsh Somani's acquisition of 1.16 crore shares and Namrata Somani group's sale of 1.41 crore shares, with complete transaction dates and share capital information now provided for regulatory compliance.

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Oricon Enterprises Limited has filed revised disclosures under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following observations from BSE Limited regarding incomplete details in earlier submissions.

Regulatory Compliance Update

The company submitted revised disclosures to both BSE Limited and National Stock Exchange of India Limited addressing BSE's observations about missing information in previous filings. The incomplete details specifically related to the date of acquisition/sale and the equity share capital of the company in disclosures concerning inter-se transfers amongst the promoter group.

Parameter: Details
Filing Date: January 16, 2026
Regulation: SEBI Regulation 29(2)
Transaction Type: Inter-se transfers among promoter group
Stock Exchanges: BSE Limited, National Stock Exchange

Revised Disclosure Details

The revised submissions cover two key disclosures:

Adarsh Somani & PACs Transaction:

  • Original disclosure dated September 09, 2025
  • Transaction period: September 3-4, 2025
  • Mode: Off-market acquisition
Shareholder Details: Before Transaction After Transaction
Adarsh Somani Individual: 42,07,952 shares (2.68%) 1,57,76,952 shares (10.05%)
Total Promoter Group: 4,80,61,327 shares (30.60%) 5,96,30,327 shares (37.97%)
Shares Acquired: 1,15,69,000 shares (7.37%) Off-market transaction

Namrata Somani & PACs Transaction:

  • Original disclosure dated September 10, 2025
  • Transaction period: September 3-4, 2025
  • Mode: Off-market sale
Namrata Group Details: Before Transaction After Transaction
Total Group Holding: 1,87,28,040 shares (11.93%) 46,36,020 shares (2.96%)
Shares Sold: 1,40,92,020 shares (8.97%) Off-market sale

Company Share Capital Information

The revised disclosures clarify that the company's equity share capital remained unchanged throughout the transaction period:

Share Capital Details: Amount
Total Equity Shares: 15,70,47,715 shares
Face Value per Share: ₹10.00
Total Share Capital: ₹157.05 crores

Key Promoter Group Entities

The transactions involved multiple entities within the promoter group, including family members, HUFs, trusts, and companies such as Hazarimal Somani Partnership Firm, Kopran Lifestyle Limited, Venkatesh Karrier Limited, and various family trusts.

This regulatory filing ensures complete transparency and compliance with SEBI requirements for substantial shareholding changes in listed companies.

Historical Stock Returns for Oricon Enterprises

1 Day5 Days1 Month6 Months1 Year5 Years
+0.29%-0.65%+1.05%-23.63%-4.99%+77.24%

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1 Year Returns:-4.99%