Voting Results and Scrutinizer report of 27th Annual General Meeting.
Awaiting price reaction for this filing.
Solana Biofuels Limited held its 27th AGM on September 30, 2025, at Hyderabad, lasting 25 minutes. Four resolutions were put to vote: (1) adoption of FY25 audited financial statements, (2) reappointment of Mr. Brijmohan Venkata Mandala as Director via rotation, (3) approval of material related party transactions, and (4) appointment of secretarial auditors. All four resolutions passed with 100% votes in favor and zero votes against. Out of 4,50,00,000 total shares, 4,49,98,000 (99.9956%) were polled, with promoter and promoter group holding essentially the entire shareholding (no public institutional or non-institutional holdings). Only 7 shareholders were on the rolls as of cutoff date.
Routine AGM completion with smooth passing of all resolutions — no surprise or contentious items for shareholders. The fact that promoters own virtually 100% of shares means voting outcomes are essentially predetermined and there is virtually no public float or liquidity in the stock.