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.

Orkla India Limited (formerly known as Orkla India Private Limited and MTR Foods Private Limited) has announced the convening of its Thirtieth (30th) Annual General Meeting (AGM) on Wednesday, August 19, 2026, at 03:00 p.m. (IST), to be conducted through Video Conferencing (VC)/Other Audio-Visual Means (OAVM). The notice was filed with the stock exchanges on July 25, 2026, by Company Secretary and Compliance Officer Kaushik Seshadri, in compliance with Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM proceedings are deemed to be conducted at the company's registered office at No. 1, 2nd & 3rd Floor, 100 Feet Inner Ring Road, Ejipura, Ashwini Layout, Vivek Nagar, Bengaluru – 560047, Karnataka.

AGM Key Dates and Participation Details

Shareholders can participate in the AGM through the NSDL e-voting platform. The following table summarises the key dates and logistical details for participation:

Agenda: Ordinary Business

The AGM will transact the following ordinary business items:

• Adoption of Financial Statements: Shareholders will consider and adopt the audited standalone and consolidated financial statements of the company for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Re-appointment of Director: Mr. Per Haavard Skiaker Maelen (DIN: 10138903), Non-Executive Director, who retires by rotation and being eligible, offers himself for re-appointment.

Director Seeking Re-appointment

The following details pertain to Mr. Per Haavard Skiaker Maelen, whose re-appointment is proposed at the AGM:

Mr. Maelen brings over two decades of experience in the FMCG and investment banking sectors. He serves as Senior Vice President and Investment Director of Orkla ASA, and also holds directorships at Health and Sports Nutrition Group HSNB AB, Orkla Asia Holding AS, Orkla Food Ingredients AS, and Orkla Investeringer AS. He holds a Bachelor (Hons) degree in Business Administration from European Business School London. During FY 2025-26, he attended 100% of Board Meetings (15 of 15), Audit Committee meetings (10 of 10), and Stakeholders' Relationship Committee meetings (1 of 1).

Agenda: Special Business — Ratification of Stock Option Plans

The AGM will also seek shareholder approval through Special Resolutions for the ratification of two pre-IPO stock option plans. These plans were originally approved by the Board of Directors on May 12, 2025, and by shareholders on May 16, 2025, prior to the company's listing. In accordance with Regulation 12(1) of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021, post-IPO ratification by shareholders is required before any fresh grants can be made under pre-IPO schemes.

ESOP 2025 and MSOP 2025 — Key Comparative Details

The following table highlights the key parameters of the two plans being placed for ratification:

The special resolutions also include ratification of the extension of benefits under both ESOP 2025 and MSOP 2025 to eligible employees of subsidiary companies and the holding company, within the overall approved limits of 27,39,784 ESOPs and 4,70,000 MSOPs respectively.

E-voting and Shareholder Participation

Shareholders holding shares as on the cut-off date of Wednesday, August 12, 2026, are entitled to participate in remote e-voting and the AGM. The VC/OAVM facility will be available to up to 1,000 shareholders on a first-come-first-served basis, excluding large shareholders (holding 2% or more), promoters, institutional investors, directors, key managerial personnel, committee chairpersons, and auditors, who may attend without restriction. Shareholders wishing to register as speakers may do so by sending a request from their registered email ID between August 13, 2026 (9:00 a.m. IST) and August 16, 2026 (5:00 p.m. IST). The scrutinizers appointed for the e-voting process are CS Pramod S M (Membership No. F7834, CP No. 13784) and CS Biswajit Ghosh (Membership No. F8750, CP No. 8239), Partners of M/s. BMP & Co. LLP, Practicing Company Secretaries.