Oricon Enterprises’ arm receives IOD from MCGM

Oricon Enterprises’ wholly owned subsidiary - Oricon Properties, has received Intimation of Disapproval (IOD) from Municipal Corporation of Greater Mumbai (MCGM) for redevelopment of its property, admeasuring about 7,810 square meters- approximately 2 acres, situated at Worli Naka, Mumbai in state of Maharashtra.

Oricon Enterprises is engaged in the business of manufacturing petrochemical products and developing real estate.