News for Orkla ASA (ORK.OL)

Orkla India IPO: Orkla India, known for its MTR and Eastern brands, has filed an IPO with Sebi, planning to sell 2.28 crore equity shares. The move aims to restructure shareholder stakes in the rapidly growing packaged food market.

While the company has not officially disclosed the issue size, a person with direct knowledge of the matter said it could be in the range of <span class='webrupee'>₹</span>3,200-3,500 crore. Orkla India declined to comment on the projected issue size.

Orkla India, the owner of spices and condiments brands MTR and Eastern, has filed preliminary papers for an initial public offering with the Securities and Exchange Board of India. The IPO is a complete offer for sale of 2.28 crore equity shares by promoter and other shareholders, according to its draft red herring prospectus. Under the OFS, promoter Orkla Asia Pacific Pte along with shareholders Navas Meeran and Feroz Meeran are offloading shares.

Orkla India, owner of MTR and Eastern brands, plans to launch an IPO. The company has submitted documents to Sebi for approval. The IPO involves an offer for sale of 2.28 crore shares by existing shareholders. Orkla Asia Pacific and Navas Meeran are among the selling shareholders. The company will not receive any funds from this IPO.

Organic Growth: 1.2% for the quarter, mainly from price increases.Underlying EBIT Adjust Growth: 7.6% with a margin improvement of 60 basis points year over ye

May 09, 2025 / 06:30AM GMTAnnie Bersagel - Orkla ASA - Head of Investor Relations Good morning and welcome to the presentation of Orklo's first quarter results.

Orkla's focus on core business and asset divestment has been driving stock gains. Click here to read the full investment analysis of ORKLY stock.

Norway’s Orkla ASA has restructured the board of its India subsidiary by appointing four non-executive independent directors ahead of its planned initial public offering that may generate up to $400 million.

Orkla ASA (OTCPK:ORKLY) Q4 2024 Earnings Conference Call February 13, 2025 2:00 AM ETCompany ParticipantsAnnie Bersagel - Head of Investor Relations and...

Indian conglomerate ITC Ltd. is in early talks to acquire MTR Foods and Eastern Condiments from Orkla ASA for $1.4 billion. The acquisition would strengthen ITC's presence in the South Indian food market and expand its footprint in the spices and ready-to-cook food segments.

The ongoing talks between ITC and Orkla may not conclude with a deal, but the majority-stake-sale option is being explored

Orkla India appoints Girish Nair as CEO for Eastern business unit, focusing on expanding presence in Kerala's spice market.

The Annual General Meeting (the 'Meeting”) of Pandora A/S (the 'Company') is hereby convened to be held on

Norway stocks higher at close of trade; Oslo OBX up 0.41%

Norway stocks lower at close of trade; Oslo OBX down 0.08%

MTR Foods owner Orkla ASA is considering an IPO of its Indian business next year that could raise as much as $400 million, according to people familiar with the matter. Orkla may file for an IPO in Mumbai as soon as next quarter, the people said, asking not to be identified as the information isn’t public. The Oslo-based company is working with advisers on the potential share sale, the people said. It could seek a valuation of over $2 billion for the unit, one of the people said.

Orkla ASA IPO: Norway’s Orkla ASA plans an IPO for its Indian business in Mumbai, potentially raising $400 million with a valuation exceeding $2 billion. Orkla is working with advisors and expects clarity by 2025. This move follows other foreign firms leveraging India's high valuations for public listings.

Norways Orkla ASA plans an IPO for its Indian business in Mumbai, potentially raising $400 million with a valuation exceeding $2 billion. Orkla is working with advisors and expects clarity by 2025. This move follows other foreign firms leveraging India's high valuations for public listings.

Norway stocks lower at close of trade; Oslo OBX down 0.45%