Oricon Enterprises Files Revised SEBI Disclosure for Promoter Group Transactions

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-4.01%	-4.40%	-4.62%	+19.42%	+61.83%	+251.88%

Oricon Enterprises Limited has announced the completion of its asset purchase agreement for the sale of its aluminium collapsible tubes manufacturing unit. The company disclosed this transaction under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on January 1, 2026.

Transaction Details

The manufacturing unit, situated at Plot No. A2/9 MIDC Murbad District, Thane, Maharashtra, has been sold to Precise Multitube Packaging for a total consideration of ₹2.38 crores. The buyer is located at Plot No. 8 Varad Datey Nagar, Gangapur Road, Nashik 422013.

Parameter:	Details
Sale Consideration:	₹2.38 crores
Buyer:	Precise Multitube Packaging
Asset Location:	Plot No. A2/9 MIDC Murbad District, Thane, Maharashtra
Agreement Date:	January 1, 2026
Transaction Status:	Completed - Assets sold and consideration received

Financial Impact

The divested manufacturing unit contributed significantly to Oricon Enterprises' operations during the financial year ending March 31, 2025. The unit generated a turnover of ₹17.79 crores, representing 3.34% of the company's total revenue for that period.

Financial Metric:	Amount	Percentage of Total
Unit Turnover (FY25):	₹17.79 crores	3.34%
Net Worth Contribution:	₹25.11 crores	3.11%

Regulatory Compliance

The company has confirmed that this transaction does not involve any related party dealings. The buyer, Precise Multitube Packaging, does not belong to the promoter group or any group companies of Oricon Enterprises. Additionally, the transaction does not qualify as a slump sale, making related amalgamation or merger disclosures unnecessary.

Transaction Structure

Oricon Enterprises has completed the entire transaction process, with assets transferred and full consideration received from the buyer. The company had previously intimated the stock exchanges about this proposed transaction on December 29, 2025, before finalizing the agreement on January 1, 2026.

This divestment represents Oricon Enterprises' strategic decision to optimize its asset portfolio by disposing of the aluminium collapsible tubes manufacturing operations while focusing on its core business activities.