FilingReader Intelligence
Somani family increases Oricon Enterprises stake to 41%
August 25, 2025 at 08:09 AM UTC•By FilingReader AI
The Somani family will acquire 10.31% of Oricon Enterprises Limited by September 2025, increasing their stake from 30.60% to 40.91%.
The acquisition involves 1.62 crore equity shares transferred from various entities within the promoter group at prices ranging from INR 54.54 per share to gifts without consideration.
The transfers aim to resolve family disputes and settle business inequalities.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:ORICONENT•Bombay Stock Exchange
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