Oricon Enterprises to merge wholly owned subsidiaries with itself

28 Oct 2017 Evaluate

Oricon Enterprises has received an approval for the Scheme of Amalgamation of ‘Oriental Containers’ and ‘Shinrai Auto Services’-- the two wholly owned subsidiaries (WOS) of the company with itself with effect from April 01, 2017 i.e. appointed date for merger . The Board of Directors of the company at their meeting held on October 27, 2017 has approved the same.

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

Oricon Enterprises Share Price

39.50 1.18 (3.08%)
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