Oricon Enterprises Limited — Others, 19-06-2025: Shareholders meeting

Oricon Enterprises Limited has announced a postal ballot seeking shareholder approval for four key resolutions. These include the reappointment of Mr. Adarsh Somani as Managing Director for five years with a monthly remuneration of Rs. 25 lakh, allowing flexibility to revise his pay within regulatory limits. Additionally, the company seeks approval for related party transactions involving monthly remuneration up to Rs. 5 lakh each for Mr. Susheel G. Somani, Mr. Hridai Somani, and Mr. Sharad Toshniwal for holding offices or places of profit. These approvals reflect the company’s efforts to retain experienced leadership and reward key personnel critical to its operations and growth.