Orkla India restructures board with four new independent directors

Orkla India, which operates brands like MTR Foods, Eastern Condiments, and Rasoi Magic, has announced the restructuring of its board with the appointment of four non-executive independent directors. With this development, the board now comprises eight members.

The newly appointed directors include Rashmi Joshi, Amit Jain, Shantanu Khosla, and Meena Ganesh. These appointments complement the existing directors on the board of Orkla India, comprising Atle Vidar Nagel Johansen (Chairman), Maria Syse-Nybraaten, Per Havard Skiaker Maelen, and Sanjay Sharma. Thus, the expanded board structure creates a comprehensive eight-member board of directors with suitable expertise across multiple domains. The expanded board structure strengthens Orkla India’s corporate governance framework in line with its strategic growth objectives.

Earlier this year, the company announced the appointment of Girish Nair as the Chief Executive Officer for the Eastern business unit. Eastern is one of the well-known brands in Kerala’s pure spices and masala market.