Oricon Enterprises signs agreements with Pelliconi & C.S.P.A

04 Nov 2017

Oricon Enterprises has signed and executed the definitive Business Transfer Agreement and Sale & Purchase Agreements with Pelliconi & C.S.P.A. on November 03, 2017.

By virtue of this, Oriental Containers (OCL) will sell 51% equity shares of Oricon Packaging (OPL) to Pelliconi & C.S.P.A. and receive consideration in cash at an enterprise value of Rs 419.40 crore, subject to necessary adjustments in terms of the agreement.

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


Related Oricon Enterprises Ltd. Links:

Oricon Enterprises Share Price

17.80 -0.30 (-1.66%) Sep 23, 18:01
1 Year Price Chart
Peers
Company Name CMP
Rain Industries 101.50
TN Petro Products 34.80
Oricon Enterprises 17.80
Kothari Petrochem
Jiya Eco-Products 8.79
View more..
Sensex vs Oricon Enterprises
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback