Banka BioLoo Limited has informed the Exchange about Change in Company Secretary/Compliance Officer. The Board at its meeting held on May 26, 2026, has appointed Ms. Srilakshmi Manjula Chaitanya Chunduru, as the Company Secretary and Compliance Officer of the Company.
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Banka BioLoo Limited's Board meeting on May 26, 2026 approved several items including appointment of Ms. Srilakshmi Manjula Chaitanya Chunduru as Company Secretary and Compliance Officer effective the same day. The company also released audited FY2026 standalone financial results showing revenue of Rs. 5,975.76 lakhs and net profit of Rs. 38.21 lakhs, a significant turnaround from FY2025 loss of Rs. 929.64 lakhs. Consolidated revenue stood at Rs. 5,838.61 lakhs with net profit of Rs. 39.31 lakhs. Additionally, M/s. SMAB & Associates was appointed as Internal Auditors for FY 2026-27, and the company adopted amended Whistleblower/Vigil Mechanism policies. The auditors issued unmodified opinions on the financial statements.
The appointment of a new Company Secretary and Compliance Officer represents routine governance compliance. The strong financial turnaround from losses to profits is positive for shareholders, though investors should note the subsidiary Enzotech Solutions has filed for insolvency proceedings under IBC.