Oricon Enterprises Limited has informed the Exchange regarding Proceedings of Postal Ballot. Further, the company has submitted the Exchange a copy of Srutinizers report along with voting results.
ORICONENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Oricon Enterprises Limited held a postal ballot (e-voting between March 12 and April 10, 2026) in which shareholders approved all 6 resolutions by overwhelming majorities (~99.99%). Key appointments include: Mr. Ramkishore Singhi as Independent Director for 5 years; Mr. Bal Mukand Gaggar as Director and also as Joint Managing Director cum CFO for 5 years; and Mr. Prashant Mantri as Director and also as Executive Director for 5 years. The shareholder base was 30,025 members with 62.93% participation. Promoter group accounted for ~97% of votes polled (96.5 million shares). The sixth resolution approved an increase in the limit of loans and investments under Section 186 of the Companies Act, 2013.
The appointment of two new executive roles (Joint Managing Director cum CFO and Executive Director) signals a leadership refresh. All resolutions passed with near-unanimous approval (~99.99%), indicating strong promoter and public shareholder backing. The Section 186 approval gives the company greater flexibility for future investments and lending.