
Board Meeting30 Oct 2026, 01:11 pm
Oricon Enterprises Board Approves Sale of Land and Building
AI Summary
Oricon Enterprises Limited's Board of Directors met on October 30, 2026, and approved the assignment, transfer, and demise of perpetual leasehold rights for a land parcel of approximately 3511.74 sq.mtrs in Worli, Mumbai. The Board also approved the sale and conveyance of the building constructed on this land. Key management personnel, including the Managing Director and CFO, have been authorized to execute the necessary agreements and documents for this transaction. Further details will be provided upon the execution of the agreement or occurrence of the event.
Key Highlights
- Board approved sale of land and building in Worli, Mumbai.
- Leasehold rights for approximately 3511.74 sq.mtrs to be transferred.
- Management authorized to sign sale and conveyance documents.
- Transaction details to be provided upon agreement execution.
Price Impact
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