Disclosure for appointment of Independent Director
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Octavius Plantations Limited informed BSE that its shareholders approved two key appointments at a meeting held on 29 September 2025. First, Ms. Kanthi Priya Midathada (DIN: 11278086), a Chartered Accountant with over 10 years of experience in business development, sales and marketing, has been appointed as a Non-Executive Independent Director for a five-year term from 29 September 2025 to 28 September 2030. She holds no shares in the company and meets the independence criteria under Section 149(6) of the Companies Act. Second, M/s Suprabhat & Co has been appointed as Secretarial Auditors for a five-year term, with the board citing the firm's capability, peer-reviewed status, and relevant industry experience as reasons for selection.
This is a routine governance update with no material impact on shareholders. The new independent director strengthens board oversight, while the appointment of a new secretarial auditor ensures continued regulatory compliance. No change in control, operations, or financials is implied.