Olam Group    Last:1.25   -

Olaim Group Financial Results

Some subtle accumulations ?

 

Also after AGM there could possibly be share buyback. Hold on tight and dyodd

 

Logical analysis.

eddyeddy      ( Date: 12-Apr-2026 13:52) Posted: Why Management " Knows" the Outcome The Abidjan " Final Exam" : The ERCA Council met in Abidjan from  7 to 11 April 2026. While official results typically take time to publish, the fact that  Sunny Verghese   and the Board announced their final resignation dates on  April 10&mdash immediately after these meetings&mdash suggests they received positive informal feedback or reached an agreement on necessary " remedies" . Strategic Resignation: Sunny Verghese' s decision to relinquish his Group CEO role specifically on the day of the AGM (27 April) is the strongest indicator yet. He is effectively " moving house" to Olam Agri, which would be a reckless move if the deal were still at risk of being blocked by ECOWAS.

 

• The Abidjan " Final Exam" : The ERCA Council met in Abidjan from  7 to 11 April 2026. While official results typically take time to publish, the fact that 
  Sunny Verghese
    and the Board announced their final resignation dates on  April 10&mdash immediately after these meetings&mdash suggests they received positive informal feedback or reached an agreement on necessary " remedies" .
• Strategic Resignation: Sunny Verghese' s decision to relinquish his Group CEO role specifically on the day of the AGM (27 April) is the strongest indicator yet. He is effectively " moving house" to Olam Agri, which would be a reckless move if the deal were still at risk of being blocked by ECOWAS.

 

Sunny Verghese&rsquo s decision to move officially into the  CEO of Olam Agri  role on  27 April 2026  indicates that management has likely already negotiated the relevant  " remedies" behind the scenes during the Abidjan meetings this month. 

 

The meeting/review of the members of Ecowas ended yesterday in Ivory coast , they should publish the findings in next few days . Guess Salic should have  had worked behind the scene for the approval , with the respective countries in Ecowas before this meeting .

 

Should be sealed by now . Just need to wait for official announcement .

eddyeddy      ( Date: 11-Apr-2026 15:35) Posted: The deal with salic should be closed very soon !

 

The deal with salic should be closed very soon !

 

 

They will focus on Olam OFI to grow their businesses! IPO listing may drive the liquidity and support the share price ! Selling of Others assets to unlock shareholders value! OFI will be debts free that is the plan.

Alignment      ( Date: 11-Apr-2026 14:29) Posted: They said they are going to sell everything and pay proceeds back to investors. Which would leave a shell company. I don' t know what has been disclosed in terms of intentions for the shell - wind up or use for some other purpose. So liquidate for sure, wind down unclear. The board choices also point to a liquidation. Sunny going obviously heralds the completion of the Olam Agri sale, as does the CFO leaving etc. Also replacing the chairman with the current vice chairman instead of finding someone new  also points towards a liquidation. eddyeddy      ( Date: 11-Apr-2026 10:47) Posted: So it looks like going to liquidate all and wind down the company eventyually ?

 

They said they are going to sell everything and pay proceeds back to investors. Which would leave a shell company. I don' t know what has been disclosed in terms of intentions for the shell - wind up or use for some other purpose. So liquidate for sure, wind down unclear.

The board choices also point to a liquidation. Sunny going obviously heralds the completion of the Olam Agri sale, as does the CFO leaving etc. Also replacing the chairman with the current vice chairman instead of finding someone new  also points towards a liquidation.

eddyeddy      ( Date: 11-Apr-2026 10:47) Posted: So it looks like going to liquidate all and wind down the company eventyually ?

 

 

So it looks like going to liquidate all and wind down the company eventyually ?

 

No need if the company is winding down and returning funds to shareholders.

 

Yesterday announcement was without a CEO for Olam group. No need a group CEO anymore ?

 

It needs to continue to reduce it' s huge debts and improve earnings 
 

 

it is sad to see a failing executive team member becoming new Olaim CEO.

need an outsider to fix this terrible management.

dydd

 

Totally agree, unfortunately it has credibility issues now...

Alignment      ( Date: 09-Apr-2026 13:33) Posted: The company has disappointed the market many times in recent years and so is unwilling to give management the benefit of any doubt. I expect the share price will only rise materially when concrete steps to return cash to shareholders are announced.

 

The company has disappointed the market many times in recent years and so is unwilling to give management the benefit of any doubt.

I expect the share price will only rise materially when concrete steps to return cash to shareholders are announced.

 

Very positive but still unable to attract buying interest,why ???

sfw2124      ( Date: 07-Apr-2026 18:48) Posted: Olam-Mindsprint Deal: Clearing Up the Confusion (Simple Breakdown) There' s been some head-scratching about Olam' s (VC2) Mindsprint sale to Wipro. Here' s the plain-English version: 1. The Sale = Straight Win Olam sells Mindsprint for  US$375m cash  (~S$500m). They originally paid ~US$65m for it years back, so that' s a  ~US$310m profit  booked. Per-share impact: +10 cents NAV.  Cash goes to special dividends down the line. Home run. Deal closes June 2026. 2. The Services Contract = Business as Usual (Maybe Better) Olam signs 8-year deal paying Wipro  US$100m/year  for IT/digital services. This is  55-60% of Olam' s normal IT/shared services budget  (~US$175m total spend). Not new spending&mdash just redirecting existing IT dollars from internal team + vendors &rarr Wipro' s AI expertise. Hope for efficiency savings later (TBC). Who pays post-reorg?  Probably Olam Group overall (split across remaining businesses like ofi). Agri' s already separating. News article  just reports facts accurately   was spot-on about value unlock but guessed on IT savings (fair call, not confirmed). Bottom line:  Smart move. Cash today + same operations tomorrow + focus on food biz. Win-win.  DYODD Joelton      ( Date: 07-Apr-2026 11:16) Posted: Olam selling IT and digital services unit Mindsprint to Wipro for US$375 million The agri-food giant will also spend US$100 million annually with the global tech company for eight years [SINGAPORE] Agri-food giant Olam Group : VC2 -0.58% is selling its information technology and digital services unit to Wipro for US$375 million as part of a broader corporate reorganisation. The sale of the Mindsprint unit is part of Olam&rsquo s strategy to sell off assets over time, with the company planning to distribute the net proceeds to shareholders via special dividends, Olam said on Monday (Apr 6). The Singapore-based company also agreed to an eight-year contract to spend US$100 million annually with the global technology services and consulting company. That represents about 55 to 60 per cent of Olam&rsquo s total annual spending on technology and shared services. Under the agreement, Wipro&rsquo s consultants will use artificial intelligence tools to upgrade Olam&rsquo s technology across its entire supply chain, from farming and manufacturing to customer engagement. Leadership continuity Mindsprint will become a wholly owned subsidiary of Wipro upon the completion of the transaction. The sale is expected to close by the end of June. The unit employs more than 3,200 people globally and serves clients across various sectors including food and agribusiness, manufacturing, retail and healthcare. Key management personnel, including Mindsprint chief executive officer Suresh Sundararajan, will continue to lead the business to ensure stability and continuity. Olam Group co-founder and CEO Sunny Verghese said the transaction marks another milestone in the company&rsquo s reorganisation plan, allowing Olam to sharpen its focus on core operating businesses and unlock long-term value. The partnership aims to advance Olam&rsquo s transformation across its &ldquo farm to fork&rdquo value chain, enhancing operational effectiveness in areas such as farming, manufacturing and supply chain operations. The Mindsprint deal follows the group&rsquo s sale of its stake in Olam Agri to the Saudis. The group also expects the completion and receipt of proceeds from the sale of its remaining stake in port operator Arise P& L &ldquo sometime towards the end of April&rdquo . The agri-food company sold or wound down three businesses under the remaining group in the 2025 financial year, leaving it with seven.