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.
