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Oricon Enterprises’ arm sells its entire stake in JVC

09 May 2015 Evaluate

Oricon Enterprises’ subsidiary - United Shippers (USL), has sold its entire stake in its Joint Venture Company (JVC) Dharamtar Infrastructure.

The company had recently acquired 70% stake in Oriental Containers (OCL) from its joint venture partners OC Holding, Mauritius, at a consideration of Rs 105 crore.

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


Peers
Company Name CMP
Uflex 612.80
EPL 236.30
AGI Greenpac 750.45
Huhtamaki India 225.50
TCPL Packaging 4484.50
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