Deals1 Jan 2026, 05:01 pm
Oricon Enterprises Ltd. to Sell Aluminium Collapsible Tube Manufacturing Unit for Rs. 2,38,00,000
AI Summary
Oricon Enterprises Ltd. has entered into an Asset Purchase Agreement for the sale of its manufacturing unit for Aluminium Collapsible Tubes. The unit is located at Plot No. A- 2/9 MIDC Murbad District, Thane, Maharashtra. The transaction is expected to be completed on January 01, 2026, with the consideration received being Rs. 2,38,00,000. The unit contributed 3.34% of the company's turnover and 3.11% of its net worth in the last financial year ending on 31st March, 2025.
Key Highlights
- Oricon Enterprises Ltd. to sell Aluminium Collapsible Tube manufacturing unit.
- Transaction amount is Rs. 2,38,00,000.
- Unit contributes 3.34% of the company's turnover and 3.11% of its net worth.
- Transaction expected to be completed on January 01, 2026.
- Unit is located at Plot No. A- 2/9 MIDC Murbad District, Thane, Maharashtra.