NSEDisclosure under SEBI Takeover Regulations22 Jun 2026 · 22 Jun 2026, 05:42 pm

Disclosure under SEBI Takeover Regulations

Oricon Enterprises Limited · ORICONENT

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Oricon Enterprises Limited's promoter group, led by Suhrid Somani, filed a disclosure under SEBI SAST Regulation 31(4) for the financial year ended March 31, 2026. The filing declares that the promoter and promoter group collectively held 10,31,85,059 shares of the company as of the reporting date. Crucially, the disclosure confirms that all these promoter shares are entirely free from any encumbrance, meaning no shares are pledged directly or indirectly. This signifies a strong financial position of the promoters and eliminates a potential corporate governance concern.

Analysis Scores

Earnings Impact5/10
Growth Catalyst5/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact5/10
Market Sentiment8/10

Full Announcement

Suhrid Somani has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.