Notice of Extra ordinary General Meeting to be held on February 02, 2026
Awaiting price reaction for this filing.
Solana Biofuels Ltd (formerly Southern Online Bio Technologies Limited) has called an Extraordinary General Meeting (EGM) on Monday, February 2, 2026, at 11:00 AM at Anion Conference Hall, Hyderabad. The EGM has two special business items: (1) approval of the appointment of Mrs. Shravya Kondapalli (DIN: 11378639) as a Non-Executive Independent Director for a 5-year term starting November 14, 2025, and (2) re-appointment of Dr. Divya Sunitha Raj Burra (DIN: 03412586) as a Non-Executive Independent Director for a second 5-year term starting November 5, 2025. Both appointments carry no remuneration other than sitting fees, and neither director holds shares in the company. E-voting is available from January 30 to February 1, 2026, with the cut-off date set as January 26, 2026. The EGM is purely for director appointments, with no financial, fundraising, or strategic business matters on the agenda.
This is a routine corporate governance event with no material impact on the stock price or business operations. Shareholders will vote to formalize board appointments already provisionally made by the Board. No dilution, capital raise, or strategic change is involved.