Octavius Plantations Limited submitted its unaudited financial results for the second quarter of FY2025-26 on November 15, 2025, following a board meeting that experienced an unexpected delay. The company explained to SEBI that the meeting, originally scheduled for November 14, 2025, had to be extended due to additional information requirements from independent directors.

Financial Performance Overview

The company's Q2FY26 results showed mixed performance with significant revenue decline but improved profitability metrics. The quarterly results reflect the challenges faced by the agricultural trading company during this period.

Half-Year Performance Analysis

For the half-year period ended September 30, 2025, the company demonstrated resilience in profitability despite revenue challenges. The six-month performance provides a broader perspective on the company's operational efficiency.

Board Meeting Circumstances

The company addressed SEBI regarding the delayed submission of financial results, citing unforeseen circumstances that prevented the conclusion of the board meeting on the scheduled date. The meeting commenced on November 14, 2025, at 11:30 AM and concluded on November 15, 2025, at 2:15 PM. Independent directors required additional clarifications on certain matters, necessitating the extension of the meeting beyond the original timeline.

Financial Position and Cash Flow

The company's balance sheet as of September 30, 2025, shows total assets of ₹4,438.50 lakhs compared to ₹2,996.39 lakhs as of March 31, 2025. Current assets increased significantly to ₹4,102.12 lakhs, primarily driven by higher inventory levels of ₹980.89 lakhs and other current assets of ₹2,526.39 lakhs. The cash flow statement for the half-year period shows negative operating cash flow of ₹1,207.75 lakhs, primarily due to working capital increases.

Regulatory Compliance

The financial results received limited review from V. Singhi & Associates, Chartered Accountants, who confirmed compliance with Indian Accounting Standards and SEBI regulations. The company assured regulators that measures have been implemented to prevent future delays in financial reporting submissions.

Octavius Plantations Limited , a company listed on the Bombay Stock Exchange (BSE), has announced significant changes to its board committees following the appointment of a new director and the completion of term for another.

Reconstitution of Board Committees

Octavius Plantations has reconstituted its Audit Committee and Nomination & Remuneration Committee. The changes were necessitated by the following events:

• Cessation of Ms. Boppanda Chengappa Ponnamma due to completion of her term
• Appointment of Ms. Kanthi Priya Midathada as a new director

New Committee Compositions

Both the Audit Committee and the Nomination & Remuneration Committee have been restructured as follows:

Committee Members

Committee Meetings and Documentation

• The reconstituted committees held meetings
• The minutes of these meetings were signed by the company chairman
• Octavius Plantations has submitted the committee meeting minutes to BSE Limited, ensuring compliance with regulatory requirements

These changes in the board committees reflect Octavius Plantations' commitment to maintaining strong corporate governance and adapting its leadership structure to meet future challenges and opportunities.

The company continues to uphold transparency in its operations by promptly communicating these changes to the stock exchange and its shareholders.