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Oricon Enterprises Ltd. Company History and Annual Growth Details

The Company was incorporated as a Private Limited Company on 7th December, 1968 and was converted into a Public Limited Company in March, 1970.

It was promoted by Somani Group. It manufactures lethographic metal containers, pilfer proof closures and aluminium collapsible tubes and carries on business in leasing and hire purchase.

Operations commenced with the manufacture of Lithographic metal containers and subsequently facilities were set up for the manufacture of Pilfer Proof(PP) closures.

In a major diversification in 1983, a plant was set up in Thane district for the manufacture of 25 million numbers per annum of aluminium collapsible tubes.

During 1989-90, trial runs were undertaken for `Aluseal'.


2008

-Oricon Enterprises Ltd has appointed Mr. Karthik Athreya as Director of the Company.

2009

-Oricon diversifies into shipping logistics

-Oricon Enterprises has recommended dividend @ 10%

2010

-Oricon Enterprises has set up and commissioned latest 'State of the Art' plant for manufacturing Liquid Colourants.

2011

-Oricon Enterprises has recommended dividend @ 18%

-Company has splits its Face value of Shares from Rs 10 to Rs 2

2012

-Oricon Enterprises Recommended dividend @ 22%

2013
- Board recommended a dividend @22% i.e. Rs. 0.44 per equity share, on 10,25,47,715 equity shares of Rs. 2/- each.

2014
- Board recommended a dividend @ 9.5% i.e. Rs. 0.19 per equity share, on 10,25,47,715 equity shares of Rs. 2/- each.

2015
-Oricon Properties gets nod for redevelopment of plots

2016
-Oricon enters into a JDA with subsidiary of Indiabulls Real Estate Ltd

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