Orkla India Limited will hold its Thirtieth (30th) Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 03:00 p.m. (IST) to seek shareholder approval for the ratification of its pre-IPO Employee Stock Option Plan (ESOP) and Management Stock Option Plan (MSOP). The meeting, conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), also aims to adopt the audited financial statements for FY26 and re-appoint Non-Executive Director Per Haavard Skiaker Maelen. This post-IPO ratification is mandatory under SEBI regulations before fresh grants can be made under these schemes, ensuring compliance with the Securities and Exchange Board of India (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

The company filed the AGM notice with stock exchanges on July 25, 2026, and published newspaper advertisements on July 27, 2026, in compliance with Regulation 30, 34(1), and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proceedings are deemed to take place at the registered office in Bengaluru. The Board approved the ratification resolutions at its meeting held on June 09, 2026.

Key Dates and E-voting Schedule

Shareholders holding shares as of the cut-off date, Wednesday, August 12, 2026, are eligible to vote. Remote e-voting is available via the NSDL platform from August 16 to August 18, 2026. Results will be published on or before Friday, August 21, 2026.

Agenda: Ordinary and Special Business

The ordinary business includes adopting the audited standalone and consolidated financial statements for the year ended March 31, 2026, and re-appointing Mr. Per Haavard Skiaker Maelen (DIN: 10138903), who retires by rotation. Mr. Maelen, a Senior Vice President at Orkla ASA, attended 100% of Board and Audit Committee meetings in FY25. He serves as Chairperson of the Stakeholders' Relationship Committee and a member of the Audit Committee.

Special resolutions seek ratification of the ESOP 2025 and MSOP 2025 plans under Regulation 12(1) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. These plans were originally approved by shareholders prior to the IPO on May 16, 2025. The ratification extends benefits to eligible employees of subsidiary companies and the holding company.

Stock Option Plan Details

Shareholder Participation

Up to 1,000 shareholders may attend the VC/OAVM session on a first-come-first-served basis, excluding large shareholders (holding 2% or more), promoters, and institutional investors. Speakers must register between August 13 and August 16, 2026. The e-voting process is scrutinized by CS Pramod S M and CS Biswajit Ghosh of BMP & Co. LLP. The Registrar and Share Transfer Agent is KFin Technologies Limited.

Orkla India Limited orkla disclosed on July 25, 2026, that renewable energy sources accounted for 59% of its total electricity consumption during the financial year 2025-26. The fast-moving consumer goods (FMCG) firm submitted its Business Responsibility and Sustainability Report (BRSR) to the National Stock Exchange of India Limited and BSE Limited, highlighting a strategic shift toward cleaner operations as a key driver of long-term value creation for shareholders.

The filing, made pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company’s progress under its “Plan Nurture” sustainability framework. While the report confirms no independent external assurance was undertaken for the BRSR data, management stated that disclosures align with internal data governance processes. The Board of Directors retains overall oversight of business responsibility policies, with the Corporate Social Responsibility & Environmental, Social and Governance Committee responsible for specific decision-making on sustainability issues.

Operational Sustainability Metrics

Orkla India reported significant strides in environmental stewardship during the reporting period. All manufacturing facilities located in Karnataka transitioned to 100% renewable electricity, contributing to the overall 59% renewable share across the company’s operations. This transition was enabled through a Group Captive agreement with CleanMax, facilitating access to solar and wind energy.

Regarding packaging, the company noted that 56% of its packaging is currently recyclable, utilizing paper, rigid plastics, glass, and metal. Initiatives such as the launch of MTR Prakriti single-sourced spices in recyclable packaging and structural optimization of Eastern products contributed to this figure. The company aims to achieve 100% recyclable packaging by 2030.

Social Governance and Employee Well-being

On the social front, Orkla India achieved 100% coverage for compliance training, including Environment, Health and Safety (EHS) programs at factory levels. For non-compliance training, which includes technical and leadership development, the company achieved 97% coverage against a target of 70%. Anti-Bribery and Anti-Corruption (ABAC) e-learning was delivered to 86% of white-collar employees and 88% of blue-collar employees.

The company reported five workplace accidents during the year, despite a commitment to zero accidents. To mitigate risks, Orkla India implemented measures such as installing life line fall protection systems and conducting gap assessments for interlock mechanisms. Additionally, the company launched a Whistle Blower portal and hotline to strengthen ethical reporting channels for employees and business partners.

Community Impact and CSR

Orkla India’s Corporate Social Responsibility interventions impacted over 900,000 lives in FY2025-26. Key achievements included creating 60 million liters of rainwater harvesting capacity, onboarding and training more than 2,200 farmers, and serving 2.9 million meals to school children. These efforts align with the company’s 2030 ambitions, which include replenishing over 160 million liters of water and positively impacting 10,000 farmers through livelihood initiatives.

What the Numbers Show

The divergence between the high adoption of renewable energy in Karnataka (100%) and the overall corporate average (59%) indicates that geographic location remains a primary constraint on the company’s decarbonization speed. While the Karnataka facilities have fully transitioned, other operational locations likely rely on grid power with lower renewable penetration. This suggests that future progress toward the 2030 goal will depend heavily on securing green energy agreements outside Karnataka or investing in captive renewable infrastructure at non-Karnataka sites. Furthermore, the strong performance in employee training coverage (97-100%) contrasts with the occurrence of five workplace accidents, highlighting a potential gap between theoretical safety knowledge and practical on-ground execution that management must address to achieve its zero-accident target.