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.