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 .

Orkla India Limited announced its financial results for the quarter and nine months ended December 31, 2025, showing mixed performance with revenue growth offset by exceptional charges. The company's Board of Directors approved the unaudited standalone and consolidated financial results at their meeting held on February 11, 2026.

Financial Performance Overview

The company demonstrated steady revenue growth in Q3FY26 despite facing regulatory challenges. Key financial metrics reflect the impact of new labour regulations on profitability.

Nine-Month Performance Analysis

For the nine months ended December 31, 2025, the company maintained growth momentum in revenue while facing profitability pressures.

Exceptional Items Impact

The quarter's performance was significantly affected by exceptional items totaling Rs. 158.40 million, entirely attributed to the impact of new Labour Codes. On November 21, 2025, the Government of India notified four Labour Codes consolidating 29 existing labour laws. The company assessed the financial implications based on legal opinion and guidance from the Institute of Chartered Accountants of India, resulting in increased gratuity liability arising from past service costs.

Consolidated Results

On a consolidated basis, the company reported revenue from operations of Rs. 6,360.60 million for Q3FY26 compared to Rs. 6,152.70 million in Q3FY25, representing a 3.40% increase. Consolidated net profit for the quarter stood at Rs. 566.40 million versus Rs. 658.50 million in the previous year.

Earnings Call and Investor Engagement

Following the results announcement, Orkla India conducted a conference call with analysts and investors on February 11, 2026, from 5:00 P.M. to 6:05 P.M. IST. The earnings call transcript was subsequently filed with stock exchanges on February 17, 2026, under Regulation 30 of SEBI Listing Regulations. In compliance with SEBI requirements, the company has made the audio recording and transcript available on its official website.

Management Commentary and Business Outlook

During the earnings call, Managing Director and CEO Sanjay Sharma highlighted the company's strong volume growth of 5.40% in Q3FY26, driven by sustained consumer demand. CFO Suniana Calapa emphasized that EBITDA grew by 17.70% to Rs. 102.00 crores, reflecting healthy operational performance despite challenging market conditions.

Operational Highlights

The company operates in a single segment of food products and beverages. Cost management remained a focus area with cost of raw materials and packing materials consumed at Rs. 2,563.40 million in Q3FY26 compared to Rs. 2,642.40 million in Q3FY25. Employee benefits expense increased to Rs. 567.80 million from Rs. 538.60 million, reflecting both business growth and regulatory changes.

Corporate Developments

During Q3FY26, the company completed its Initial Public Offering of 22,843,004 equity shares at an issue price of Rs. 730.00 per share, consisting entirely of an offer for sale. The total proceeds aggregated Rs. 16,673.30 million, with equity shares listed on NSE and BSE on November 06, 2025. The company maintains its paid-up share capital at Rs. 137.00 million with a face value of Re. 1.00 per share.