Board Meeting29 May 2026, 10:41 pm
Oricon Enterprises Board Approves FY26 Results, ₹0.20 Dividend
AI Summary
The Board of Directors of Oricon Enterprises Ltd approved the audited standalone and consolidated financial statements for the year ended March 31, 2026. They recommended a dividend of ₹0.20 per equity share, subject to shareholder approval. The board also approved the re-classification of certain promoters to the public category, pending BSE and NSE approvals. Additionally, the resignation of Independent Director Mr. Sumant Mimani was noted, leading to reconstitution of various board committees.
Key Highlights
- Oricon Enterprises approved audited financial results for the year ended March 31, 2026.
- A dividend of ₹0.20 per share was recommended, pending shareholder approval.
- Re-classification of certain promoters to the public category was approved, subject to exchange approvals.
- Mr. Sumant Mimani resigned as Independent Director, effective May 29, 2026.
- Board committees, including Audit and Stakeholders Relationship, were reconstituted.
Price Impact
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