Oricon Enterprises Board Approves Sale of 25% Stake in Tecnocap Oriental Private Limited

Oricon Enterprises Limited announced that its Board of Directors has approved the sale of equity shares in associate company Tecnocap Oriental Private Limited during a board meeting held on February 14, 2026. Transaction Details The board approved the sale of 2,46,833 equity shares, representing a 25% stake in Tecnocap Oriental Private Limited. The transaction will be executed according to the terms and conditions specified in the Joint Venture Agreement dated February 28, 2020. Parameter: Details Shares to be Sold: 2,46,833 equity shares Percentage Stake: 25% Target Company: Tecnocap Oriental Private Limited Governing Agreement: Joint Venture Agreement dated February 28, 2020 Joint Venture Background The sale follows the framework established in the original Joint Venture Agreement executed between three parties: Oricon Enterprises Limited TGP Tecnocap Group Partecipazoini S.R.L Tecnocap Oriental Private Limited The 2020 agreement contains specific terms and conditions that govern such equity transactions between the joint venture partners. Regulatory Compliance Oricon Enterprises has committed to submitting detailed information as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 upon execution of the sale agreement. The company made this disclosure in compliance with Schedule III of Regulation 30 of SEBI regulations. Board Meeting Information The Board of Directors meeting commenced at 06:30 P.M. and concluded at 08:00 P.M. on February 14, 2026. The meeting was conducted to deliberate and approve this significant corporate transaction involving the associate company stake sale. Oricon Enterprises Limited has announced its quarterly financial results for the third quarter of fiscal year 2026, marking another milestone in its regulatory compliance and transparency initiatives. The company disclosed its unaudited financial performance for the quarter ended December 31, 2025, following the prescribed regulatory framework under SEBI regulations. Board Meeting and Regulatory Compliance The Board of Directors of Oricon Enterprises Limited convened on February 14, 2026, to deliberate on the company's financial performance and approve the quarterly results. The meeting was conducted in accordance with Schedule III of Regulation 30, 33, and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Meeting Details: Information Meeting Date: February 14, 2026 Start Time: 06:30 P.M. End Time: 08:00 P.M. Duration: 1 hour 30 minutes Financial Results and Regulatory Framework The board considered and approved the unaudited standalone and consolidated financial results for the quarter and nine-months period ended December 31, 2025. The results include comprehensive segment-wise revenue, results, and capital employed data, providing stakeholders with detailed insights into the company's operational performance across different business verticals. The financial results were prepared in compliance with Regulation 33 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Along with the financial results, the company also provided a Limited Review Report issued by its Statutory Auditors, ensuring additional validation of the reported financial data. Stock Exchange Communication The company formally communicated the board meeting outcomes to both major stock exchanges where its shares are listed. The disclosure was made to BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai, and National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex, Mumbai. Exchange Details: Information BSE Scrip Code: 513121 NSE Symbol: ORICONENT Regulatory Framework: SEBI LODR 2015 Communication Date: February 14, 2026 Corporate Governance and Leadership Sanjay Jain, serving as Company Secretary & Compliance Officer, oversaw the regulatory compliance aspects of the announcement and signed the official communication to the stock exchanges. The disclosure ensures comprehensive market communication and maintains transparency with all stakeholders. The company maintains its registered office at 1076, Dr. E. Moses Road, P. B. No. 6584, Worli, Mumbai - 400018, and continues to operate under CIN: L28100MH1968PLC014156. This announcement reinforces Oricon Enterprises Limited's commitment to maintaining transparent communication with its stakeholders and adhering to regulatory requirements in the Indian capital markets. We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians. As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. 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