Deccan polypacks Limited released its unaudited financial results for the third quarter of fiscal year 2026, revealing continued operational challenges with widening losses across all reporting periods. The Hyderabad-based company's board of directors approved these results during their meeting held on January 23, 2026.

Financial Performance Overview

The company's quarterly and nine-month performance reflects ongoing difficulties, with all operations classified under discontinued operations and no revenue generation from core business activities.

Nine-Month Performance Deterioration

The nine-month period ended December 31, 2025, showed a dramatic deterioration in financial performance compared to the corresponding period in the previous year.

Balance Sheet Position

The company's financial position as of December 31, 2025, shows significant changes in its capital structure and liquidity position.

Corporate Governance Changes

During the board meeting, directors approved several key decisions beyond the financial results:

• Acceptance of resignation submitted by Mr. Venkata Prudvi Raju Datla (DIN: 03024648) as Whole Time Director
• Mr. Datla will continue serving as Director despite stepping down from executive role
• Review and noting of the Limited Review Report for the quarter ended December 31, 2025

Auditor's Observations

The statutory auditors GMK Associates expressed an unmodified opinion on the financial results while highlighting specific emphasis of matter points. The auditors noted that the financial results have not been prepared on a going concern basis and mentioned the absence of confirmation of balances, though the impact on financials could not be determined.

Cash Flow Analysis

The nine-month cash flow statement reveals the company's liquidity challenges, with net cash outflow from operating activities reaching ₹33.13 lakhs compared to ₹21.44 lakhs in the previous period. The company received ₹24.00 lakhs from long-term borrowings during the nine-month period, which partially offset operational cash outflows.

Deccan Polypacks Limited has formally announced the resignation of Mr. Venkata Prudvi Raju Datla from his position as Whole-time Director, effective December 31, 2025. The Hyderabad-based packaging company submitted the requisite intimation to BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

The resignation becomes effective from the close of business hours on December 31, 2025, as per Datla's formal resignation letter submitted on the same date. The key aspects of this leadership change are outlined below:

Regulatory Compliance and Disclosure

Deccan Polypacks Limited has ensured full compliance with regulatory requirements by providing comprehensive details as mandated under Schedule III-Para A (7B) of Part A of the Listing Regulations. The company submitted all necessary documentation, including Datla's resignation letter and detailed annexures, to maintain transparency with stakeholders.

In his resignation letter, Datla confirmed that there are no material reasons for his resignation beyond the personal reasons cited. This confirmation addresses regulatory requirements for director resignations and provides clarity to investors and stakeholders.

Current Board Responsibilities

Datla currently serves in multiple capacities within the company's governance structure:

• Member of Risk Management Committee
• Member of Share Transfer Committee
• Whole-time Director (until December 31, 2025)

Additional Directorships

As part of the regulatory disclosure, Datla has declared his directorships in other companies:

Both entities are unlisted companies, and Datla's involvement with these organizations has been transparently disclosed as part of the resignation process.

Company Operations Continuity

The transition appears structured to ensure minimal disruption to company operations. By retaining Datla as a non-executive Director, Deccan Polypacks Limited maintains his expertise and institutional knowledge while allowing him to step back from day-to-day executive responsibilities. This arrangement provides continuity in board oversight while accommodating his personal circumstances.

The company, headquartered in Kukatpally, Hyderabad, operates in the packaging sector and maintains its listing on BSE Limited under scrip code 531989. The formal communication was signed by DRSP Raju, Director with DIN 00306612, ensuring proper authorization of the disclosure.