Voting Results and Scrutinizers Report

SOLANA BIOFUELS LIMITED (Formerly Southern Online Bio Technologies Limited) Date: 30.09.2026 Listing Compliance Department M/s. BSE Limited P.J. Towers, Dalal Street, Fort, Mumbai – 400001. Dear Sir/ Madam, Sub: Proceedings of 28th Annual General Meeting of the Company. Ref: Scrip Code SOLANA / 532669 With reference to the above cited subject, we would like to submit the following information/documents with regard to the 28th Annual General Meeting of the Company. 1. Summary of proceedings as required under Regulation 30, Part-A of Schedule –III of SEBI (Listing Obligations and Disclosure Requirements) Regulations as Annexure-I. 2. Voting Results as required under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, as Annexure –II. 3. Report of Scrutinizer dated September 30, 2026, Pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4) (xii) of the Companies (Management and Administration) Rules, 2014, as Annexure –III. We request to take the same on your record. Thanking you. Yours faithfully, For Solana Biofuels Limited (Formerly Southern Online Bio Technologies Limited) Dr Devaiah Pagidipati Chairman and Managing Director Encl: A/a. CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad - 500 004. Telangana, India. Phones: +91-40-23241999, +91-40-44341999, Fax: +91-40-23241444, email: cs@sol.net.in, website: www.sol.net.in Unit - I : Survey No. 6 & 7, Samsthan Narayanapur (V&M), Yadadri Bhuvanagiri Dist., Telangana, Ph.: +91 8681 287575 Unit - II : Plot No. 45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, Andhra Pradesh, India. Corporate Office: Flat No. 602, 6th Floor, Swarna Jayanthi Complex, Beside Maitrivanam, Ameerpet, Hyderabad - 500 038. SOLANA BIOFUELS LIMITED F (Formerly Southern Online Bio Technologies Limited) Annexure-I PROCEEDINGS OF THE 28TH ANNUAL GENERAL MEETING OF SOLANA BIOFUELS LIMITED HELD ON WEDNESDAY, 30TH DAY OF SEPTEMBER, 2026 AT 03:00 P.M. AT ANION CONFERENCE HALL, 8TH FLOOR, SWARNA JAYANTI COMPLEX, BESIDE MAITRIVANAM, AMEERPET, HYDERABAD, TELANGANA 500038. The meeting commenced at 03.00 P.M. (IST) and concluded at 03:25 P.M. (IST) Members were present in Person: 5 Members were present in Proxy: Nil Members present through Authorized Representatives: Nil The presence of the following was acknowledged by the Company Secretary: 1. Dr. Devaiah Pagidipati – Chairman and Managing Director 2. Mr. Brijmohan Venkata Mandala – Non-Executive Director 3. Mr. P T Suresh – Independent Director 4. Dr. Sarat Yenigalla – Independent Director 5. Mrs. Shravya Kondapalli – Independent Director 6. Mr. R Naresh Babu – Company Secretary 7. Mr. UUV Ravikanth – Chief Financial Officer 8. Mr. G S Gowtham – Chief Operating Officer 9. Mr. Sree Rama Chandra Murthy Ch – Statutory Auditor 10. Mr. Jineshwar Kumar Sankhala – Scrutinizer 1. At the outset, Company Secretary extended a warm welcome to the Shareholders at the 28th AGM of the Company. Company Secretary also welcomed the Directors present at the meeting. 2. The Chairman on confirmation that the requisite quorum being present, ordered the meeting to commence. 3. The Chairman introduced the other members of the Board who were present at the meeting to the shareholders. 4. The Statutory Registers, Proxy Register, Auditors Report, Secretarial Auditors Report, along with other inspection documents were made available during the meeting for inspection by members. CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad - 500 004. Telangana, India. Phones: +91-40-23241999, +91-40-44341999, Fax: +91-40-23241444, email: cs@sol.net.in, website: www.sol.net.in Unit - I : Survey No. 6 & 7, Samsthan Narayanapur (V&M), Yadadri Bhuvanagiri Dist., Telangana, Ph.: +91 8681 287575 Unit - II : Plot No. 45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, Andhra Pradesh, India. Corporate Office: Flat No. 602, 6th Floor, Swarna Jayanthi Complex, Beside Maitrivanam, Ameerpet, Hyderabad - 500 038. SOLANA BIOFUELS LIMITED (Formerly Southern Online Bio Technologies Limited) 5. The Chairman also informed the members about the presence of representative from M/s. Darapaneni & Co., Statutory Auditors of the Company. 6. Thereafter, the Chairman and Managing Director welcomed the Shareholders and delivered his speech. 7. With the consent of the members present notice convening the 28th Annual General Meeting, Directors Report, the Auditors Report on financial Statements and Secretarial Auditors Report were taken as read. 8. The Chairman thereafter informed the members the following: a. Pursuant to the provisions of Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014 as amended by the Companies (Management and Administration) Amendment Rules, 2015 and Regulation 44 of SEBl (Listing Obligations & Disclosure Requirements) Regulations, Company had provided a remote e-voting facility to the members of the Company in respect of business to be transacted at the 28th AGM. b. The e-voting period commenced on 27th September, 2026 at 9:00 A.M. and ended on 29th September, 2026 at 05:00 P.M c. Facility of voting through ballot paper was available at the AGM and the ballot papers were distributed for voting at the meeting. d. Members/ Proxy attending the AGM, who have not voted using remote e-voting were allowed to vote through Ballot Papers. 9. Mr. Jineshwar Kumar Sankhala, Practicing Company Secretary, who was the Scrutinizer for the e-voting process, was appointed to act as the Scrutinizer to scrutinize the polling process in a fair and transparent manner. 10. Thereafter, the Chairman and Managing Director took the Items no 1 to 3 of the Notice and explained the objectives of each item of the Notice and invited queries from the Members. 11. After answering the queries of the Shareholders, the Chairman requested the Members to cast their vote in the Ballot Box. 12. The resolutions proposed as per Notice of 28th AGM, are as follows: CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifabad, Hyderabad - 500 004. Telangana, India. Phones: +91-40-23241999, +91-40-44341999, Fax: +91-40-23241444, email: cs@sol.net.in, website: www.sol.net.in Unit - I : Survey No. 6 & 7, Samsthan Narayanapur (V&M), Yadadri Bhuvanagiri Dist., Telangana, Ph.: +91 8681 287575 Unit - II : Plot No. 45/A, APIIC-SEZ, Atchutapuram (V&M), Visakhapatnam Dist.-531011, Andhra Pradesh, India. Corporate Office: Flat No. 602, 6th Floor, Swarna Jayanthi Complex, Beside Maitrivanam, Ameerpet, Hyderabad - 500 038. SOLANA BIOFUELS LIMITED F (Formerly Southern Online Bio Technologies Limited) Sl No Resolution Resolution Type 1 To receive, consider and adopt the audited standalone financial Ordinary statements of the Company for the financial year ended March 31, 2026 together with the reports of the Board of Directors’ and Auditors’ thereon. 2 To appoint a director in place of Mr Rahuldev Pagidipati, Ordinary Director (DIN: 01646700), who retires by rotation and being eligible offers himself for reappointment. 3 To re-appoint M/s Darapaneni & Co., Chartered Accountants as Ordinary Statutory Auditors of the Company 13. The Chairman thereafter announced that the consolidated voting results will be announced within the statutory time period and the same will be submitted with the stock exchanges, placed on the website of the Company and also on the website of the e-voting agency along with the Scrutinizers Report. 14. The Company Secretary extended vote of thanks 15. The Chairman declared the meeting concluded. Thanking you. Yours faithfully, For Solana Biofuels Limited (Formerly Southern Online Bio Technologies Limited) Dr Devaiah Pagidipati Chairman and Managing Director DIN: 05147621 CIN: L72900TG1998PLC030463 Registered Office: A3, 3rd Floor, Office Block, Samrat Complex, Saifa [Showing first 8,000 characters — download PDF for full document]