Orkla India Chairman Atle Vidar Nagel Johansen resigns
Orkla India (ORKLAINDIA) said Atle Vidar Nagel Johansen, Chairman, has resigned. The company is valued at about ₹7,209 crore.
What happened
Orkla India (ORKLAINDIA) told the exchanges on 27 October 2026 at 11:48 AM that Atle Vidar Nagel Johansen, Chairman, has resigned.
From the filing: "Atle Vidar Nagel Johansen (DIN: 01361367) has tendered his resignation from the position of Chairman & Non - Executive ( Non - Independent ) Director with effect from closure of business hours on October 26, 2026."
Company snapshot
Orkla India is a small-cap company in the Fast Moving Consumer Goods sector, with a market value of about ₹7,209 crore.
The stock last traded at ₹526.3, against a 52-week range of ₹517.1–₹760 (30.8% below the high).
Before this filing the shares had moved −7.5% over the month and −5.5% over three months. Average daily turnover over the last 20 sessions was about ₹3.58 crore.
Promoters held 75.00% at the end of Q1 FY27. Foreign institutions owned 2.30% and domestic institutions 8.69%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q2 FY26 | 650 | 76.7 | 5.6 |
| Q3 FY26 | 636 | 56.6 | 4.14 |
| Q4 FY26 | 626 | 73.4 | 5.36 |
| Q1 FY27 | 659 | 87.7 | 6.4 |
What history shows
BCEIE has no earlier management change filing from this company on record since May 2026.
Across 89 similar disclosures by other Fast Moving Consumer Goods companies, shares moved −1.8% on average the next day and −1.7% over five days; 38% of them rose the next day.
Market-wide, 4,000 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 4 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.