Orkla India CEO, chairman, board of directors and AGM
NSE: ORKLAINDIABSE: 544595Food ProductsSmall Cap
Share price at the NSE close on 28 Oct 2026. Previous close ₹524.70.
28 Oct: open ₹524.45, high ₹524.45, low ₹505.10
- Next results date: the board meets on 4 Nov 2026 to consider: financial results. The notice · Results calendar
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹6,972 Cr619th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- 23.68
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- 2.54
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Nov 2025
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the latest balance sheet's; the one a year before is not on record.
- 10.7%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet.
- 13.3%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,14,16375.2% delivered
Orkla India's chairperson is Atle Vidar Nagel Johansen and its managing director and CEO Sanjay Sharma, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 19 Aug 2026.
Orkla India board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonAtle Vidar Nagel Johansen
- Managing director and CEOSanjay Sharma
- Company Secretary and Compliance OfficerKaushik Seshadri
8 directors4 independent1 executive3 non-executive
- Atle Vidar Nagel Johansen · ChairpersonNon-executive · joined Mar 2015 · 1 listed board · 1 committee seat
- Sanjay Sharma · Managing director and CEOExecutive · joined Feb 2009 · reappointed Apr 2025 · 1 listed board · 1 committee seat
- Maria Syse-NybraatenNon-executive · joined May 2023 · 1 listed board
- Per Haavard Skiaker MaelenNon-executive · joined May 2023 · 1 listed board · 2 committee seats, 1 as chair
- Rashmi Satish JoshiIndependent · joined Mar 2025 · 18 months as independent · 6 listed boards · 6 as independent · 7 committee seats, 3 as chair
- Amit JainIndependent · joined Mar 2025 · 18 months as independent · 3 listed boards · 3 as independent · 1 committee seat
- Shantanu KhoslaIndependent · joined Mar 2025 · 18 months as independent · 3 listed boards · 3 as independent · 2 committee seats
- Meena GaneshIndependent · joined Mar 2025 · 18 months as independent · 5 listed boards · 5 as independent · 7 committee seats, 2 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 8 Sep 20268 of 8 present4 independent · 34 days in between
- 4 Aug 20268 of 8 present4 independent · 55 days in between
- 9 Jun 20268 of 8 present4 independent · 20 days in between
- 19 May 20268 of 8 present4 independent · 25 days in between
2 earlier meetings
- 23 Apr 20268 of 8 present4 independent · 7 days in between
- 15 Apr 20267 of 8 present4 independent
Audit Committee
Chair Rashmi Satish Joshi
Shantanu Khosla, Per Haavard Skiaker Maelen
- 2 Sep 20263 of 3 present2 independent · 28 days in between
- 4 Aug 20263 of 3 present2 independent · 76 days in between
- 19 May 20263 of 3 present2 independent
Nomination and remuneration committee
Chair Amit Jain
Meena Ganesh, Atle Vidar Nagel Johansen
- 7 Sep 20263 of 3 present2 independent · 93 days in between
- 5 Jun 20263 of 3 present2 independent · 62 days in between
- 3 Apr 20263 of 3 present2 independent
Stakeholders Relationship Committee
Chair Per Haavard Skiaker Maelen
Meena Ganesh, Atle Vidar Nagel Johansen, Sanjay Sharma
No meeting listed in the filing.
Risk Management Committee
Chair Shantanu Khosla
Rashmi Satish Joshi, Sanjay Sharma, Maria Syse-Nybraaten
- 2 Sep 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair Maria Syse-Nybraaten
Amit Jain, Sanjay Sharma
- 1 Sep 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- S. R. Batliboi & Associates LLPPeer-review certificate valid to Jul 2027
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Orkla India AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.
Annual general meeting, 19 Aug 2026
1,53,092 shareholders on the register on 12 Aug 2026; present: 2 promoters and 88 others; votes counted by Biswajit Ghosh / M/s. BMP & Co. LLP.The company's voting result
To receive, consider and adopt the Audited Financial Statements (both standalone and consolidated financial statements) of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 93.01% · promoters 100.00% · institutions 94.52% · other public 56.47%
- To appoint a Director in place of Mr. Per Haavard Skiaker Maelen (DIN: 10138903), who retires by rotation and being eligible, offers himself for re-appointmentOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 93.01% · promoters 100.00% · institutions 94.52% · other public 56.47%
- Ratification of the “Employee Stock Option Plan 2025” of Orkla India LimitedSpecial92.17% for7.83% against
Against: promoters 0.00% · institutions 75.38% · other public 0.02%
Turnout: all 93.01% · promoters 100.00% · institutions 94.52% · other public 56.47%
- Ratification of the extension of benefits of the “Employee Stock Option Plan 2025” to the eligible employees of subsidiary(ies) and holding company.Special92.17% for7.83% against
Against: promoters 0.00% · institutions 75.38% · other public 0.02%
Turnout: all 93.01% · promoters 100.00% · institutions 94.52% · other public 56.47%
- Ratification of the “Management Stock Option Plan 2025” of Orkla India LimitedSpecial92.17% for7.83% against
Against: promoters 0.00% · institutions 75.38% · other public 0.02%
Turnout: all 93.01% · promoters 100.00% · institutions 94.52% · other public 56.47%
- Ratification of the extension of benefits of the “Management Stock Option Plan 2025” to the eligible employees of subsidiary(ies) and holding companySpecial92.17% for7.83% against
Against: promoters 0.00% · institutions 75.38% · other public 0.02%
Turnout: all 93.01% · promoters 100.00% · institutions 94.52% · other public 56.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 24 Apr 2026, 1 resolution
1,70,216 shareholders on the register on 20 Mar 2026; votes counted by Biswajit Ghosh / M/s. BMP & Co. LLP.The company's voting result
- APPROVAL FOR THE REMUNERATION PAYABLE TO MR. ATLE VIDAR NAGEL JOHANSEN (DIN: 01361367), CHAIRMAN OF BOARD AND NON-EXECUTIVE DIRECTOROrdinary99.97% for0.03% against
Against: promoters 0.00% · institutions 0.22% · other public 0.03%
Turnout: all 93.72% · promoters 99.98% · institutions 93.85% · other public 59.96%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 19 Aug 2026, 10 fund houses
To receive, consider and adopt the Audited Financial Statements (both standalone and consolidated financial statements) of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.MoreLess
10 for0 against- To appoint a Director in place of Mr. Per Haavard Skiaker Maelen (DIN: 10138903), who retires by rotation and being eligible, offers himself for re-appointment10 for0 against
- Ratification of the “Employee Stock Option Plan 2025” of Orkla India Limited
Against Angel One Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundThe Company has not disclosed the Exercise Price/ Pricing Formula. The intent behind SEBI mandating disclosure of exercise price in the Notice, is that the shareholders could estimate the economic benefit proposed to be transferred to its employees during the course of time. Non-disclosure or authorizing Nomination & Remuneration Committee to decide such price defeats the purpose of SEBI requiring Companies to disclose such information. Further, The Nomination & Remuneration Committee has been given the discretion extend to Exercise period, which may result in situations where the exercise period is not uniformly applicable to all employees. Governance Concern: Potential maximum benefit that may be granted to a single employee appears to be excessive.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundNon-Compliant under SEBI SBEB Regulations 2021: The Company has not disclosed the Exercise Price/ Pricing Formula. The intent behind SEBI mandating disclosure of exercise price in the Notice, is that the shareholders could estimate the economic benefit proposed to be transferred to its employees during the course of time. Nondisclosure or authorizing NRC to decide such price defeats the purpose of SEBI requiring Companies to disclose such information. Further, The NRC has been given the discretion extend to Exercise period, which may result in situations where the exercise period is not uniformly applicable to all employees. Governance Concern: Potential maximum benefit that may be granted to a single employee appears to be excessive.
- Baroda BNP Paribas Mutual FundThe company seeks approval of Employee Stock Option Plan 2025, under which 27,39,784 options are part of the scheme, out of which 6,68,154 are outstanding. This will lead to a dilution of ~1.95% due to the proposed scheme. The plan does not provide adequate clarity on the exercise price or pricing formula. Accordingly, we do not support the resolution.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for8 against - Ratification of the extension of benefits of the “Employee Stock Option Plan 2025” to the eligible employees of subsidiary(ies) and holding company.
Against Angel One Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundInter-linked with resolution #3. Governance Concern: Scheme extended to Holding Company without adequate justification and affirmation on cost reimbursement provision.
- Baroda BNP Paribas Mutual FundThe company seeks to extend Employee Stock Option Plan 2025 to employees of subsidiary and holding companies. Since the underlying scheme is not supported, we do not support this resolution.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for8 against - Ratification of the “Management Stock Option Plan 2025” of Orkla India Limited
Against Angel One Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual FundThe Company has not disclosed the Exercise Price/ Pricing Formula. The intent behind SEBI mandating disclosure of exercise price in the Notice, is that the shareholders could estimate the economic benefit proposed to be transferred to its employees during the course of time. Nondisclosure or authorizing Nomination & Remuneration Committee to decide such price defeats the purpose of SEBI requiring Companies to disclose such information. Further, The Nomination & Remuneration Committee has been given the discretion extend to Exercise period, which may result in situations where the exercise period is not uniformly applicable to all employees.
- Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundNon-Compliant under SEBI SBEB Regulations 2021: The Company has not disclosed the Exercise Price/ Pricing Formula. The intent behind SEBI mandating disclosure of exercise price in the Notice, is that the shareholders could estimate the economic benefit proposed to be transferred to its employees during the course of time. Nondisclosure or authorizing NRC to decide such price defeats the purpose of SEBI requiring Companies to disclose such information. Further, The NRC has been given the discretion extend to Exercise period, which may result in situations where the exercise period is not uniformly applicable to all employees.
- Baroda BNP Paribas Mutual FundThe company seeks approval of Management Stock Option Plan 2025, under which 4,70,000 options are part of the scheme, out of which 52,043 are outstanding. This will lead to a dilution of ~0.34% due to the proposed scheme. The plan does not provide adequate clarity on the exercise price or pricing formula. Accordingly, we do not support the resolution.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for8 against - Ratification of the extension of benefits of the “Management Stock Option Plan 2025” to the eligible employees of subsidiary(ies) and holding company
Against Angel One Mutual Fund, Bandhan Mutual Fund, Baroda BNP Paribas Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
- Angel One Mutual Fund, Bandhan Mutual Fund, Edelweiss Mutual Fund, Groww Mutual Fund, LIC Mutual Fund, Motilal Oswal Mutual FundInter-linked with resolution #5. Governance Concern: Scheme extended to Holding Company without adequate justification and affirmation on cost reimbursement provision.
- Baroda BNP Paribas Mutual FundThis resolution is for extending ESOP to subsidiaries. The vote for the ESOP plan is in a separate resolution, which has the rationale for not supporting the resolution.
- Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
2 for8 against
Mutual fund votes, meeting of 24 Apr 2026, 8 fund houses
- APPROVAL FOR THE REMUNERATION PAYABLE TO MR. ATLE VIDAR NAGEL JOHANSEN (DIN: 01361367), CHAIRMAN OF BOARD AND NON-EXECUTIVE DIRECTOR8 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Fines
Reported in the filing for the quarter to Sep 2026.
- Fine or penaltyAssistant Commissioner (ST) (FAC), Ayyappanthangal Assessment CircleSince 10 Sep 2026
Liability paid for the FY 2022-23
Interest and Penalty paid along with tax liability - Fine or penaltyAssistant Commissioner (ST) (FAC), Ayyappanthangal Assessment CircleSince 11 Sep 2026
Liability paid for the FY 2022-23
Interest and Penalty paid along with tax liability
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.