Oricon Enterprises MD, chairman, board of directors and AGM
NSE: ORICONENTBSE: 513121Industrial ProductsSmall Cap
Share price at the NSE close on 23 Oct 2026. Previous close ₹47.76.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹787 Cr1,484th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 8 Sep 2026
- 27.2
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹14 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 52.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 30 May 2026
- 0.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.40%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 8 Sep 2026
- 2.4%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes ₹14 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 1.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 8 Sep 2026
- −5.2%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 30 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,31,26834.0% delivered
Oricon Enterprises board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorAdarsh Rajendra Somani
- Company Secretary and Compliance OfficerSanjay Jain
6 directors3 independent3 executive
- Adarsh Rajendra Somani · Managing directorExecutive · joined May 2008 · reappointed Jun 2025 · 1 listed board
- Mamta Ashok BiyaniIndependent · joined Aug 2018 · reappointed Aug 2023 · 97 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 1 as chair
- Shravan Kumar MalaniIndependent · joined Nov 2021 · 58 months as independent · 1 listed board · 1 as independent
- Ramkishore SinghiIndependent · joined Feb 2026 · 8 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- Prashant MantriExecutive · joined Feb 2026 · 1 listed board
- Bal Mukand GaggarExecutive · joined Feb 2026 · 1 listed board · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
3 directors who left
- Sumant Mimani, left 29 May 2026: Others
- Varun Somani, left 17 Mar 2026: Others
- Balkishan Udairam Toshniwal, left 1 Feb 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 12 Aug 20266 of 6 present3 independent · 74 days in between
- 29 May 20266 of 6 present3 independent
Audit Committee
Chair Mamta Ashok Biyani
Bal Mukand Gaggar, Ramkishore Singhi
- 12 Aug 20263 of 3 present2 independent · 74 days in between
- 29 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Mamta Ashok Biyani
Ramkishore Singhi, Shravan Kumar Malani
- 12 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair Ramkishore Singhi
Mamta Ashok Biyani, Bal Mukand Gaggar
- 12 Aug 20263 of 3 present2 independent
Corporate Social Responsibility Committee
Chair Adarsh Rajendra Somani
Mamta Ashok Biyani, Ramkishore Singhi
- 29 May 20263 of 3 present2 independent
Executive Committee
Chair Adarsh Rajendra Somani
Mamta Ashok Biyani, Bal Mukand Gaggar, Ramkishore Singhi
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S G N & Co.Peer-review certificate valid to Nov 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Oricon Enterprises AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Oricon Enterprises dividend history
Annual general meeting, 29 Sep 2026
29,496 shareholders on the register on 21 Sep 2026; present: 16 promoters and 28 others; votes counted by Mayuri Bharat Thakkar / Mayuri Bharat Thakkar, Practicing Company Secretary.The company's voting result (opens in a new tab)
To receive, Consider and adopt the standalone and Consolidated Audited financial Statements of the Company for the year ended March 31,2026 together with the report(s) of Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 64.75% · promoters 95.82% · institutions 0.00% · other public 5.28%
- To Declare Dividend on Equity Shares for the Year ended March 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 64.75% · promoters 95.82% · institutions 0.00% · other public 5.28%
- To Re-appoint Mr. Prashant Mantri (DIN:02160348), as a Director liable to retire by rotationOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 64.75% · promoters 95.82% · institutions 0.00% · other public 5.28%
- To approve re-appointment of Mr. Shravan Kumar Malani (DIN: 00302995) as an Independent Director of the Company for Second term of 5(five) consecutive yearsSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.03%
Turnout: all 64.75% · promoters 95.82% · institutions 0.00% · other public 5.28%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 10 Apr 2026, 6 resolutions
30,025 shareholders on the register on 6 Mar 2026; votes counted by Mayuri Bharat Thakkar / Mayuri Bharat Thakkar.The company's voting result (opens in a new tab)
- To appoint Mr. Ramkishore Singhi (DIN: 01749266) as an Independent Director of the Company for a period of 5(five) yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 62.93% · promoters 93.53% · institutions 0.00% · other public 4.35%
- To appoint Mr. Bal Mukand Gaggar (DIN:02324428) as Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 62.93% · promoters 93.53% · institutions 0.00% · other public 4.35%
- To appoint Mr. Prashant Mantri (DIN: 02160348) as Director of the CompanyOrdinary99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.49%
Turnout: all 62.93% · promoters 93.53% · institutions 0.00% · other public 4.35%
- To appoint Mr. Bal Mukand Gaggar (DIN: 02324428) as Joint Managing Director cum Chief financial officer of the Company for a period of 5(five) yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 62.93% · promoters 93.53% · institutions 0.00% · other public 4.35%
- To appoint Mr. Prashant Mantri (DIN: 02160348) as an Executive Director of the Company for a period of 5(five) yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 62.93% · promoters 93.53% · institutions 0.00% · other public 4.35%
- To approve increase in the limit of Loan and Investment under Section 186 of Companies Act, 2013Special99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.53%
Turnout: all 62.93% · promoters 93.53% · institutions 0.00% · other public 4.35%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Dec 2025, 1 resolution
36,267 shareholders on the register on 14 Nov 2025; votes counted by Mayuri Bharat Thakkar / Mayuri Bharat Thakkar.The company's voting result (opens in a new tab)
- To Approve Re- Appointment of Mr. Sumant Mimani (DIN: 01251535) as an Independent Director of the Company for a second term of 5( Five) Consecutive yearsSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.35%
Turnout: all 63.11% · promoters 93.31% · institutions 0.00% · other public 5.30%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2025, 5 resolutions
37,561 shareholders on the register on 17 Sep 2025; present: 16 promoters and 43 others; votes counted by Mayuri Bharat Thakkar / Mayuri Bharat Thakkar, Practicing Company Secretary.The company's voting result (opens in a new tab)
To receive, Consider and adopt the standalone and Consolidated Audited financial Statements of the Company for the year ended March 31,2025 together with the report(s) of Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 47.40% · promoters 71.28% · institutions 0.00% · other public 1.67%
- To Declare Dividend on Equity Shares for the Year ended March 31, 2025Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 47.40% · promoters 71.28% · institutions 0.00% · other public 1.67%
- To Re-appoint Mr. Varun Somani (DIN: 00015384), as a Director liable to retire by rotation.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.11%
Turnout: all 46.87% · promoters 70.47% · institutions 0.00% · other public 1.67%
- To consider and if thought fit to pass the following resolution with or without modification(s) as an Ordinary Resolution for Ratification of remuneration of Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 47.40% · promoters 71.28% · institutions 0.00% · other public 1.67%
To consider and if thought fit to pass the following resolution with or without modification(s) as an Ordinary Resolution for Appointment of Mayuri Bharat Thakkar, Practicing Company secretary as Secretarial Auditor for a term of 5(five) Consecutive years.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 47.40% · promoters 71.28% · institutions 0.00% · other public 1.67%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 16 Sep 2025, 1 resolution
38,582 shareholders on the register on 8 Aug 2025; votes counted by Mayuri Bharat Thakkar / Mayuri Bharat Thakkar.The company's voting result (opens in a new tab)
Approval for sale and transfer of the Company's Business of Manufacturing , trading and sale of Metal Crown Seals and Roll on Pilfer Proof Closures by way of slump sale on going Concern basis to GUALA CLOSURES ( INDIA) PRIVATE LIMITEDMoreLess
SpecialPromoters have an interest in it99.99% for0.01% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.07%
Turnout: all 64.04% · promoters 89.40% · institutions 0.00% · other public 15.62%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 22 Jul 2025, 4 resolutions
41,637 shareholders on the register on 13 Jun 2025; votes counted by Mayuri Bharat Thakkar / Mayuri Bharat Thakkar.The company's voting result (opens in a new tab)
- To reappoint Mr. Adarsh Somani ( DIN:00192609) as the Managing Director of the company for a further period of 5 (Five) years with effect from June 01 2025 to May 31 2030SpecialPromoters have an interest in it77.23% for22.77% against
Against: promoters 24.74% · institutions 0.00% · other public 0.18%
Turnout: all 69.40% · promoters 97.16% · institutions 0.00% · other public 16.37%
- To approve related party transaction in respect to hold office or place of profit in the company by Mr Susheel G SomaniOrdinaryPromoters have an interest in it78.20% for21.80% against
Against: promoters 23.70% · institutions 0.00% · other public 0.17%
Turnout: all 68.83% · promoters 96.29% · institutions 0.00% · other public 16.37%
- To approve related party transaction in respect to hold offcie or place of profit in the company by Mr Hridai SomaniOrdinaryPromoters have an interest in it79.98% for20.02% against
Against: promoters 21.81% · other public 0.18%
Turnout: all 67.52% · promoters 93.97% · other public 16.37%
- To approve related party transaction in respect to hold office or place of profit in the company by Mr Sharad ToshniwalOrdinaryPromoters have an interest in it99.41% for0.59% against
Against: promoters 0.62% · institutions 0.00% · other public 0.19%
Turnout: all 69.39% · promoters 97.76% · institutions 0.00% · other public 15.19%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2024, 4 resolutions
Present: 23 promoters and 34 others.The company's voting result (opens in a new tab)
To Consider and approve the Standalone and Consolidated AuditednFinancial Statements of the Company for the year ended March 31, 2024ntogether with the Report(s) of Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 49.28% · promoters 70.84% · institutions 0.00% · other public 5.88%
- To Declare Dividend on Equity Shares for the Year ended March 31, 2024Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.05%
Turnout: all 49.28% · promoters 70.84% · institutions 0.00% · other public 5.88%
- To Re-appoint Mr. Varun Somani (DIN: 00015384), as a Director liable to retire by rotation.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 39.19% · promoters 55.78% · institutions 0.00% · other public 5.88%
- To consider and if thought fit to pass the following resolution with or without modification(s) as an Ordinary Resolution for Ratification of remuneration of Cost AuditorOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.09%
Turnout: all 49.28% · promoters 70.84% · institutions 0.00% · other public 5.88%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 23 May 2024, 1 resolution
The company's voting result (opens in a new tab)
Approval for Sale and Transfer of the Company’s Business of manufacturing, trading and Sale of Plastic Closures and Preforms by way of slump sale on a going concern basis to Manjushree Technopack LimitedMoreLess
Special99.92% for0.08% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.94%
Turnout: all 66.24% · promoters 89.08% · institutions 79.97% · other public 16.89%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake heldNo acquitision of shares during this quarterSince 30 Sep 2026
0.00% bought in the quarter; holding 0.00%, from 0.00%
- Tax disputeCommissioner of Income Tax (Appeal)Since 17 May 2024Filed appeal before High court Bombay on 06/01/2026At the filing before: The tribunal has passed an order. The order is not infavour of the Company.
- Tax disputeCommissioner of Income Tax (Appeal)Since 17 May 2025Filed appeal before High court Bombay on 06/01/2026At the filing before: The tribunal has passed an order. The order is not infavour of the Company.
- Tax disputeAsst. Commissioner of Central Excise, Khopoli Div.Since 3 Apr 2002Pending for Adjudication for the disputed amount of Rs. 62.30 Lakhs
- Tax disputeCustoms, Excise and Service Tax Appellate Tribunal, Khopoli Div.Since 25 Jun 2001Pending for hearing
- Tax disputeAssessing Officer (Assessment Unit)Since 2 Apr 2025Pending for hearingAt the filing before: Pending for hearing before Income Tax (Appeal)
- Tax disputeAssessing Officer (Assessment Unit)Since 3 Apr 2025Pending for hearingAt the filing before: Pending for hearing before Income Tax (Appeal)
- Tax disputeDDIT CPC BengaluruSince 9 May 2025Pending for hearing before Income Tax (Appeal)
5 more
- Tax disputeCommissioner of Custom GoaSince 10 Jun 2025Pending for hearing
- Tax disputeCommissioner of Custom Nhava ShevaSince 18 Jun 2025Pending for hearing
- Tax disputeDeputy Commissioner Income Tax MumbaiSince 11 Aug 2025Pending for hearing before Income Tax (Appeal) , Now the case is transfer from supreme court to high courtAt the filing before: Pending for hearing
- Tax disputeTribunal Order 2017-18Since 6 Mar 2026Pending for hearing
- Tax disputeTribunal Order 2018-19Since 10 Mar 2026Pending for hearing
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- No
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.