Chairman Atle Vidar Nagel Johansen resigns from the board

Management Changes View source PDF Explain this filing

ORKLAINDIA · price

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹518.00

prior close

₹533.35

announcement price

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Nifty Microcap 250market · in no size index; the smallest one is usedpendingvs market: pending

Other Food Products peers, median of 23sector+1.1%+0.1% vs sector

On the reaction day the stock moved 0.1 pts more than its Other Food Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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UpDownMarket · Nifty Microcap 250Sector · Other Food Products peers, median of 23Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Atle Vidar Nagel Johansen resigned as Chairman and Non-Executive, Non-Independent Director of Orkla India effective the close of business on October 26, 2026, citing other professional commitments. He also left the Stakeholders Relationship Committee and Nomination and Remuneration Committee. He confirmed there were no other reasons for leaving.

Likely market impact

The company loses its chairman and one non-independent director. No successor was named, so investors may watch board stability and governance continuity.