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Oricon Enterprises to sell assets of petrochemical unit for Rs 19 crore

07 Sep 2023 Evaluate

Oricon Enterprises has entered into Lease agreement, Asset Purchase agreement and Conducting agreement on September 07, 2023 for sale of assets of its petrochemical unit situated at Raigarh, Maharashtra. The consideration received from such sale is Rs 19 crore. The said transaction expected to be complete on July 31, 2024.

The company is engaged in the business of manufacturing petrochemical products and developing real estate.

Peers
Company Name CMP
Uflex 663.40
EPL 240.00
AGI Greenpac 804.85
Huhtamaki India 242.40
TCPL Packaging 4101.00
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