Solana Biofuels Ltd

Financial performance

• Revenue from operations: ₹2,134.72 lakh in the quarter (unaudited).
• Total income: ₹2,140.74 lakh; total expenses: ₹2,274.47 lakh; loss before tax ₹133.73 lakh.
• Net profit: ₹-133.73 lakh; basic/diluted EPS: ₹-0.30.
• Biofuels revenue: ₹2,124.41 lakh; Internet Services: ₹16.33 lakh; total segment revenue ₹2,140.74 lakh.

Segmental performance

• Biofuels EBITDA: ₹-8.63 lakh; Internet Services EBITDA: ₹-5.23 lakh; total EBITDA ₹-13.86 lakh.
• Biofuels EBIT: ₹-66.88 lakh; Internet Services EBIT: ₹-5.46 lakh; total EBIT ₹-72.34 lakh.

Corporate actions

• Board approved unaudited standalone results for quarter ended 30 Jun 2026 and AGM on 30 Sep 2026.

Meeting Details

• Board meeting scheduled for Friday, August 14, 2026 (time and venue not disclosed).

Key Agenda Items

• Consider and approve standalone unaudited Q1 2026 financial results (quarter ended June 30, 2026).

Other Notes

• No other material governance or financial items disclosed.

Solana Biofuels Ltd: Closure of Trading Window from July 01, 2026 until 48 hours after the declaration of un-audited standalone financial results for the quarter ended June 30, 2026

Business

• 🗒️ Solana Biofuels Limited operates biofuels and internet services businesses.
• 🗒️ The company was formerly known as Southern Online Bio Technologies Limited.

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026.

📊 Financial Performance

• Consider and approve standalone unaudited financial results for quarter and nine months ended December 31, 2025.

Board Appointments

• Two special resolutions approved for appointing Mrs. Shravya Kondapalli and Dr. Divya Sunitha Raj Burra as Independent Directors.
• Both appointments are non-executive independent directors with no promoter interest.
• Voting was unanimous with 100% in favor, zero votes against or invalid.

Shareholding and Control

• Promoter group held and voted 45,000,000 shares; no public shareholder votes recorded.
• No changes to shareholding pattern or promoter control resulted from these appointments.

Meeting Details ️

• EGM held on February 2, 2026, with 7 shareholders on record date; 5 promoters attended in person.

Board Appointments

• Special resolution to appoint Mrs. Shravya Kondapalli as Non-Executive Independent Director.
• Special resolution to appoint Dr. Divya Sunitha Raj Burra as Non-Executive Independent Director.
• Addition of two Independent Directors proposed to the board.

Voting Outcome ️

• Voting results and scrutinizer report to be disclosed later.

Shareholding and Control

• No changes to shareholding or control reported.

Financial Impact

• No capital raising or financial terms involved.

Governance Impact

• No other material governance or financial impacts disclosed.