Oricon transfers petrochemical unit assets to Narendra Plastochem
ORICONENT · price
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Effective October 15, 2025, Oricon Enterprises transferred and handed over its petrochemical unit assets in Niphan and Anandwadi, Raigad, Maharashtra, to Narendra Plastochem Private Limited under an Asset Purchase Agreement. The filing does not disclose the transaction value.
The handover completes the divestment of Oricon's petrochemical unit, reducing its petrochemical operations. The financial impact cannot be assessed from the filing.