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Oricon Enterprises enters into JV agreement with TGP Tecnocap Group

29 Feb 2020 Evaluate

Oricon Enterprises (OEL) has signed and entered into a Joint Venture (JV) agreement with TGP Tecnocap Group Partecipazioni S.R.L., Italy, holding company of the Tecnocap group, a multinational corporation to record their understanding in relation to incorporation of a new Company, Tecnocap Oriental, to which OEL shall transfer on slump sale basis its business undertaking pertaining to manufacturing of Lug caps situated at Murbad, District Thane, Maharashtra.

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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