Announced Thu, 11 Dec · 14:15 IST

Reply to SEBI Query

Regulatory & Legal View source PDF

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Octavius Plantations responded to a SEBI email questioning the delayed submission of its Q2 FY2025-26 financial results. The company explained that the Board Meeting originally scheduled for November 14, 2025 spilled over to November 15, 2025 because an Independent Director sought additional clarifications and the Board needed more time for review. The results were ultimately approved and filed with the stock exchange on November 15, 2025. The company expressed regret, called the delay unintentional, and pledged to avoid recurrence. Alongside the reply, the company also shared its unaudited results showing Q2 FY26 revenue of Rs. 599.69 lakhs (vs Rs. 1,379.04 lakhs in Q2 FY25) but a higher net profit of Rs. 10.24 lakhs (vs Rs. 7.32 lakhs), and H1 FY26 net profit of Rs. 38.51 lakhs versus Rs. 34.74 lakhs a year earlier.

Likely market impact

This is a routine regulatory clarification with no penalty or enforcement action mentioned, so near-term stock impact should be limited. However, investors should watch for any follow-up from SEBI and note the sharp year-on-year drop in quarterly revenue despite improved profitability.