NSEGeneral Updates9 Jul 2026 · 9 Jul 2026, 04:41 pm

General Updates

Oricon Enterprises Limited · ORICONENT

✦ AI SummaryDivestiture

Oricon Enterprises Limited has sold its entire equity shareholding in Oriental Containers Limited, a non-material subsidiary, on July 8, 2026, ceasing Oriental Containers Limited as a subsidiary of Oricon Enterprises Limited with effect from July 8, 2026.

Analysis Scores

Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

we wish to inform you that Oricon Enterprises Limited has sold/transferred its entire equity shareholding in Oriental Containers Limited, a non-material subsidiary of the Company, on July 8, 2026. Consequently, Oriental Containers Limited is ceased to be a subsidiary of Oricon Enterprises Limited with effect from July 8, 2026.

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ORICON_09072026164110_sale_of_share_of_oriental_containers_ltdsign.pdf

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Date: July 09,2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, 5th Floor, Exchange Plaza, Mumbai – 400001 Bandra (East), Mumbai – 400051 BSE: Scrip Code: 513121 NSE Symbol: ORICONENT Sub: Disclosure under regulation 30 of SEBI (LODR) Regulations,2015. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and further to our earlier intimation dated May 29, 2026, we wish to inform you that Oricon Enterprises Limited has sold/transferred its entire equity shareholding in Oriental Containers Limited, a non-material subsidiary of the Company, on July 8, 2026. Consequently, Oriental Containers Limited is ceased to be a subsidiary of Oricon Enterprises Limited with effect from July 8, 2026. The details as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with applicable circulars are enclosed in ANNEXURE-I. We hope you will find it in order and request you to take the same on your records. Thanking you, Yours faithfully, For Oricon Enterprises Limited, Bal Mukand Gaggar Joint Managing Director cum Chief Financial Officer DIN: 02324428 Regd. Office: 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018. Fax: +91-22 24963055 Phone: +91 - 22- 2496 4656 - 58, 4366 2200 E-mail: oclcont@ocl-india.com website: www.oriconenterprises.com CIN: L28100MH1968PLC014156 Annexure A ANNEXURE – I The particulars of transaction and other details as required are herein below: S. Particulars Company – Oriental Containers No Limited A The amount and percentage of the turnover or Total revenue including other income: Rs. revenue or income and net worth contributed NIL by such unit or division or undertaking or subsidiary or associate company of the listed entity during the last financial year ending on Net worth: Rs. 3,37,677 31st March, 2026. B Date on which the agreement for sale has been Not applicable entered into C The expected date of completion of Transaction completed on Wednesday, Sale/disposal July 08,2026 D Consideration received from such Rs.3,99,950/- (Rupees Three Lakh Ninety- sale/disposal nine Thousand Nine Hundred Fifty Only) E Brief details of buyers 1. Adarsh Somani 2. Mridula Somani 3. Nupur Somani 4. Yashh Somani 5. Krrish Somani 6. Venkatesh Karriers Limited 7. Hazarimal Somani(Partnership Firm) F Whether any of the buyers belong to the Yes, all the above belong to promoter promoter/ promoter group/group companies. and promoter group, except Yashh Somani and Krrish Somani If yes, details thereof. G Whether the transaction would fall within Yes, the said transaction would fall within related party transactions? If yes, whether the related party transactions and the same is done at “arms-length” transaction is done at “arms-length”. H Additionally, in case of a slump sale, indicative Not applicable disclosures provided for amalgamation/merger, shall be disclosed by the listed entity with respect to such slump sale. Regd. Office: 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018. Fax: +91-22 24963055 Phone: +91 - 22- 2496 4656 - 58, 4366 2200 E-mail: oclcont@ocl-india.com website: www.oriconenterprises.com CIN: L28100MH1968PLC014156