Oricon Enterprises Merger & Restructuring Worth ₹145 Cr
Oricon Enterprises sold its leasehold land and building to Anand Rathi Towers for Rs.145 Crore. The sale is completed and the buyer is unrelated to promoters.
- Value
- ₹145.0 Cr
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Oricon Enterprises sold its leasehold land and building to Anand Rathi Towers for Rs.145 Crore. The sale is completed and the buyer is unrelated to promoters.
Oricon Enterprises' board approved the sale of its Worli, Mumbai land (3,511.74 sq.mtrs) and building. Financial details will be disclosed upon execution of the sale agreement.
Oricon Enterprises completed the sale of its subsidiary, Oriental Containers Limited, to promoter group entities. The cash transaction was executed as a related party transaction.
Oricon Enterprises sold its entire stake in subsidiary Oriental Containers Limited for Rs. 0.04 Crore. The transaction with promoter group entities was completed on July 8, 2026.