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Incorporated in 1987, Orient Press Ltd isin the business of packaging and printing
Orient Press announced its 38th Annual General Meeting (AGM) via virtual channels. Shareholders are urged to update KYC details and dematerialize physical shares to ensure seamless electronic receipt of dividends and other payments.
Board approved selling its Tarapur factory, subject to shareholder approval. The unit represents 19.18 Cr (29.7%) of net worth and 6.73 Cr (5.3%) of turnover. Expected proceeds of 24 Cr+ will boost working capital, fund expansion, and repay debt.
ORIENT PRESS Promoter Varun Naveen Maheshwari acquired 8,338 equity shares, increasing total holding to 18,595 shares (0.18595% stake). This demonstrates insider confidence in the company.
Promoter Varun Naveen Maheshwari acquired 9,338 equity shares via on-market purchases totaling ~Rs. 600,000. This increased his stake in Orient Press to 0.18595%, signaling continued promoter confidence.
Orient Press is partially shifting flexible packaging operations from Tarapur to Greater Noida starting June 2026 for efficiency. This unit contributed ₹6.73 Cr (5.26% of turnover) and ₹19.18 Cr (29.72% of net worth) in FY26.