| 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.
2017
-Company proposed Scheme of Amalgamation between M/s Oriental Containers Ltd (1st Transferor Company) and M/s Shinrai Auto Services Limited (2nd Transferor Company), the wholly owned subsidiary Company of the Company with the Company (Transferee Company).
-NCLT has Approved Scheme of Amalgamation of Oricon Properties Private Limited with Oricon Enterprises Limited
2022 -Oricon Enterprises Limited (OEL) has acquired 5,47,297 Equity Shares of United Shippers Limited (USL), a material subsidiary of the Company, at a price of Rs. 710/- per Equity Shares from the existing shareholder Logiscor Limited for total consideration of Rs. 38,85,80,870/ - (Rs. Thirty Eight Crores Eighty Five Lakhs Eighty Thousand Eight Hundred Seventy Only), post Acquisition the holding of Oricon Enterprises Limited (OEL) is increased from 29,69,552 Equity Shares to 35,16,849 Equity Shares in United Shippers Limited (USL) and the percentage holding is increased from existing 82.79% to 98.05%.
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