
Management Change8 Jun 2026, 11:43 am
Oricon Enterprises Ltd: Director Resignation & NRC Correction
AI Summary
Oricon Enterprises Ltd has provided additional information regarding the resignation of its Independent Director, Mr. Sumant Mimani. The company confirmed that Mr. Mimani holds no other directorships in listed entities and that there are no other material reasons for his resignation beyond those previously stated. Additionally, Oricon Enterprises Ltd corrected a typographical error in the composition of its Nomination & Remuneration Committee (NRC), clarifying that Mr. Shravan Kumar Malani, not Mr. Bal Mukand Gaggar, is a member.
Key Highlights
- Independent Director Mr. Sumant Mimani has resigned.
- Mr. Mimani holds no other directorships in listed entities.
- Typo corrected in Nomination & Remuneration Committee composition.
- Mr. Shravan Kumar Malani is a member of the NRC.
Price Impact
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