Oricon Enterprises Applies for Re-classification of Promoter Group Members to Public Shareholders
Oricon Enterprises Limited has applied to both the BSE and National Stock Exchange of India (NSE) seeking approval for the re-classification of several members of the ‘Promoter and Promoter Group’ category. The application was submitted on June 03, 2026.The request seeks formal acceptance from the stock exchanges to re-designate these group members from promoter status to that of public shareholders. This action follows the outcome of a Board Meeting held on May 29, 2026, which approved the requests for re-classification that had been submitted on May 26, 2026.
The application specifically concerns 17 individuals and entities who hold shares under the Promoter Group category. Details regarding their shareholding status are as follows:
| S. No. | Name | Category | No. of Shares held | Shareholding (%) |
|---|---|---|---|---|
| 1 | Mr. Surendra Somani | Promoter | 0 | 0.00% |
| 2 | Mr. Varun Somani | Promoter Group | 0 | 0.00% |
| 3 | Ms. Namrata Somani | Promoter Group | 0 | 0.00% |
| 4 | Ms. Vandana Somani | Promoter Group | 17,500 | 0.01% |
| 5 | Varun Surendra Somani (HUF) | Promoter Group | 8,17,380 | 0.52% |
| 6 | Surendra Somani (HUF) | Promoter Group | 0 | 0.00% |
| 7 | Parijat Shipping and Finale Limited | Promoter Group | 1,69,400 | 0.11% |
| 8 | Surendra Somani holding shares on behalf of Oriental Enterprises Partnership Firm | Promoter group | 27,540 | 0.02% |
| 9 | Sarvanmangal Mercantile Company Limited | Promoter Group | 36,10,500 | 2.30% |
| 10 | Balkishan U Toshniwal (HUF) | Promoter Group | 13,000 | 0.01% |
| 11 | Ms. Sujata Parekh Kumar | Promoter Group | 50,78,480 | 3.23% |
| 12 | Ms. Anandita Sunil Parekh | Promoter Group | 1,00,220 | 0.06% |
| 13 | Ms. Arundhati Sunil Parekh | Promoter Group | 1,00,220 | 0.06% |
| 14 | Parekh Integrated Services Private Limited | Promoter Group | 0 | 0.00% |
| 15 | Mr. Sunil Khanna | Promoter Group | 737 | 0.00% |
| 16 | Ms. Sarita Khanna | Promoter | 1,60,663 | 0.10% |
| 17 | Mr. Sanjay Dosi | Promoter Group | 100 | 0.00% |
ORICONENT Stock Price Movement
Shares of Oricon Enterprises Limited settled lower today, shedding ₹1.06 or 1.72% from the previous close, with the stock closing at ₹60.27. The equity saw a trading volume of 71,206 shares during the session, reaching an intraday high of ₹62.79 and hitting a low of ₹59.72.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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