In terms of Schedule III of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015, Oricon Enterprises has informed that Board of Directors of the Company at their Meeting held on October 30, 2026 has; 1. accorded its approval to assign, transfer and demise its perpetual lease hold rights in the land admeasuring about 3511.74 sq.mtrs bearing Cadastral Survey no. 135 and 4 /136 (part) of the Lower Parel division of Mumbai City lying and situated at Off Dr. E Moses Road Worli Mumbai -400018 and to sell and convey the building constructed on the said land. The Board has also authorized Mr. Adarsh Somani (DIN: 00192609), Managing Director and/or Bal Mukand Gaggar (DIN: 02324428), Joint Managing Director cum Chief Financial Officer and/or Prashant Mantri (DIN: 02160348) Executive Director of the Company to sign and execute necessary Agreement(s), document(s) and deed(s) as may be required in this respect. The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 will be submitted on the execution of agreement/ occurrence of event. The Meeting of the Board of Directors of the Company was commenced at 11.30 AM and concluded at 12.45 PM.
The above information is a part of company’s filings submitted to BSE.
