Orkla India Limited has issued a postal ballot notice seeking shareholder approval for remuneration to its Chairman through remote e-voting, marking a significant corporate governance development for the company.

Regulatory Compliance and Publication

The company issued the notice on March 25, 2026, to BSE Limited and National Stock Exchange of India Limited, proposing an ordinary resolution for approval of remuneration payable to Mr. Atle Vidar Nagel Johansen, Chairman of Board and Non-Executive Director. In compliance with Regulation 30 and 47 of SEBI Listing Regulations, the company published newspaper advertisements on March 26, 2026, in "The Financial Express" (English) and "Vishwavani" (Kannada) newspapers.

Proposed Remuneration Structure

The Board of Directors approved the remuneration proposal at their meeting held on March 10, 2026, based on recommendations from the Nomination and Remuneration Committee meeting held on March 03, 2026.

Chairman Profile and Experience

Mr. Atle Vidar Nagel Johansen brings extensive industry expertise to the company's leadership. He has been associated with the Orkla Group since 1993 and serves as Chairman since March 17, 2015.

Key Qualifications:

• Financial Analyst study program from Norwegian School of Economics
• Over 31 years of experience across finance, marketing and FMCG sectors
• Senior executive positions across multiple Orkla Group entities
• Currently Chairperson of Anora Group Plc., Helsinki, Finland

E-voting Process and Compliance

The postal ballot notice complies with Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The company has engaged M/s. BMP & Co. LLP as scrutinizers, with Mr. Pramod S M (FCS No.: 7834) or Mr. Biswajit Ghosh (FCS No.: 8750) appointed to oversee the e-voting process.

Shareholders whose names appear in the Register of Members as on the cut-off date and have registered email addresses will be eligible to participate in the e-voting process. The notice is available on the company's website at www.orklaindia.com and stock exchange platforms for member access.

Orkla India Limited has announced the outcome of its Board of Directors meeting held on March 10, 2026, disclosing significant policy amendments, committee restructuring, and remuneration decisions under Regulation 30 of SEBI Listing Regulations.

Key Board Decisions and Approvals

The Board meeting, which commenced at 9:30 A.M. (IST) and concluded at 5:00 P.M. (IST), addressed several important matters of business with wide-ranging implications for corporate governance and operational structure.

Policy and Governance Changes

The Board approved amendments to the Policy on Materiality of Related Party Transactions and Dealing with Related Party Transactions, based on recommendations from the Audit Committee. The updated policy is now available on the company's website.

A significant governance enhancement involves renaming the Corporate Social Responsibility Committee to 'CSR & ESG Committee', expanding its scope to include oversight of Environment, Social, and Governance matters. This change reflects the company's commitment to broader sustainability and governance practices.

Committee Restructuring

The Board decided to dissolve two committees that had served their specific purposes. The IPO Committee, constituted on May 12, 2025, was dissolved after successfully overseeing activities related to the company's Initial Public Offering. Similarly, the Committee of Independent Directors, formed on September 02, 2025, was dissolved following completion of its IPO-related duties, including price band advertisement recommendations.

Remuneration and Shareholder Approval

The Board approved remuneration for Mr. Atle Vidar Johansen, Chairman and Non-Executive Director, as recommended by the Nomination and Remuneration Committee and reviewed by the Audit Committee. This decision is subject to shareholder approval through a postal ballot process.

Regulatory Compliance and Next Steps

The company emphasized its commitment to regulatory compliance by ensuring proper disclosure under SEBI Listing Regulations. A Postal Ballot Notice will be published and intimated in due course, providing shareholders the opportunity to vote on the Chairman's remuneration proposal. All meeting information and related documents are hosted on the company's official website at www.orklaindia.com .