|
| Exchange Disseminated Time 14/02/2017 20:01:30 | Oricon Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 14, 2017, inter alia, has transacted the following:
1. New Initiatives
The Board has decided to setup a manufacturing unit to manufacture new packaging products in the State of Odisha with the expected investment of about Rs.100 crores in two phases. The total investment will be made from internal accruals.
2. Resignation of Director
Mr. Karthik Alhreya, Director of the Company has resigned from the Board of the Company with immediate effect.
The Meeting commenced at 4.30 P.M. and concluded at 7.35 P.M. |
|
|