Clarification: news article on Farmley is speculative, no definitive proposal as on date
A news article in The Economic Times dated October 12, 2026 named Orkla India as one of the parties purportedly evaluating a transaction involving Farmley.
What the Company told the exchanges
Orkla India Limited has written to BSE and NSE about a news article in The Economic Times dated October 12, 2026 titled "FMCG Majors in Race for Big Bite of Snacks Brand Farmley". The article names the Company as one of the parties purportedly evaluating a transaction involving Farmley.
What the Company says
- The news article is speculative in nature.
- As part of its ordinary course of business, the Company evaluates various strategic opportunities from time to time.
- As on date, there is no definitive proposal or event that has occurred in relation to the subject matter of the article that requires disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
How to read this
This is the Company's response to a market rumour. It does not confirm a deal, and it also does not say the Company is not looking at such opportunities. Two things are stated together: the Company does evaluate strategic opportunities as part of normal business, and nothing has reached a stage that needs a formal disclosure right now.
What could change the picture
The Company has said it will inform the stock exchanges of any material development as and when a disclosure obligation arises. For an investor, a later announcement coming from the Company itself would carry more weight than a media report about parties "purportedly" evaluating a transaction.
In short
The news article is described by the Company as speculative, and the Company states that no definitive proposal or event exists as on date in relation to the subject matter of the article. Investors may prefer to track the Company's own announcements on the exchanges for any material development.
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