Orkla ASA: Initial Public Offering of Orkla India Limited completed
Orkla India Limited begins trading on the Indian stock exchanges today, 6 November 2025, after completing an offer for sale of 22,843,004 equity shares.
We are pleased to confirm that, following our earlier stock exchange announcements regarding the initial public offering (“IPO”) of Orkla India Limited (“Orkla India”), Orkla India has successfully obtained final listing and trading approvals. The equity shares of the Company, each with a face value of INR 1 (the “Equity Shares”) commenced trading on BSE Limited and National Stock Exchange of India Limited (“Indian Stock Exchanges”) on 6 November 2025.
In connection with the IPO, Orkla Asia Pacific Pte. Ltd., an indirect wholly owned subsidiary of Orkla ASA has sold 20,560,768 Equity Shares (15.0% of the issued, subscribed and paid-up share capital of Orkla India) at the cap price of INR 730 (approximately NOK 84) per Equity Share. The net proceeds after tax and transaction costs are estimated to be approximately NOK 1.5 billion. Orkla retains an ownership interest of 75.0% in Orkla India.
Orkla India’s stock exchange notices and share price development are available on the website of BSE Limited (https://www.bseindia.com/) and Orkla India (www.orklaindia.com).
Orkla ASA
Oslo, 6 November 2025
Ref.:
SVP Investor Relations & Communication
Annie Bersagel
Tel.: +47 986 03 664
Not for distribution in the United States of America, Canada, Australia or Japan or in any other jurisdiction in which such distribution or dissemination would be prohibited by applicable law. This notice is not being made available in, and is not for release, publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, Canada, Australia or Japan or any other jurisdiction in which such distribution or dissemination would be prohibited by applicable law. This announcement is for informational purposes only and is not intended, and should not be construed, as an offer of, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. The securities described herein have not been and will not be registered under the United States Securities Act of 1933 (the U.S. Securities Act), or the laws of any state of the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and in compliance with all applicable state laws. There will be no public offering of such securities in the United States.