Oricon Enterprises Ltd. Announces Plan to Sell Metal Crown Seals Business via Slump Sale

Oricon Enterprises Ltd. has informed about the outcome of its Board Meeting held on 07.08.2025. The Board has approved, subject to shareholder approval and necessary approvals, the sale of the Company's business of manufacturing, trading, and sale of Metal Crown Seals and Roll On Pilfer Proof Closures situated at MIDC Murbad District Thane in the State of Maharashtra through a slump sale on a going concern basis. The Board has authorized Shri. Adarsh Somani, Managing Director and/or Shri B. K. Toshniwal, Executive Director to sign and execute necessary agreements, documents, and deeds. The details of the sale will be submitted as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 upon the execution of the agreement or occurrence of the event.