Sale31 March 2026 at 11:40 am
Oricon Enterprises Ltd. Sells 25% Stake in Associate Company Tecnocap Oriental Private Limited for Rs. 5,50,00, 000
AI Summary
Oricon Enterprises Ltd. has signed a Share Purchase Agreement for the sale of 2,46,833 equity shares (25%) of its associate company, Tecnocap Oriental Private Limited, to TGP TECNOCAP GROUP PARTECIPAZIONI S.R.L. The transaction is expected to be completed with a consideration of Rs. 5,50,00, 000. The sale does not involve any related parties and is not a slump sale.
Key Highlights
- Oricon Enterprises Ltd. sells 25% stake in Tecnocap Oriental Private Limited
- Transaction value is Rs. 5,50,00, 000
- Share Purchase Agreement signed on March 31, 2026
- No related parties involved in the transaction
- Not a slump sale
ORICONPackaging
ORICON ENTERPRISES LTD.-$Price Impact