Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Banka BioLoo Limited

Meeting Details

The 14th Annual General Meeting will be held on Thursday, 17 September 2026 at 3:00 PM (15:00 Hours) IST through video conferencing (VC) / other audio-visual means (OAVM). The meeting is deemed to be held at the corporate office of the Company at 5th Floor, Prestige Phoenix, 1405, Uma Nagar, Begumpet, Hyderabad - 500016.

Proposed Resolutions and Implications

I. ORDINARY BUSINESS

1. To receive, consider and adopt the audited standalone financial statements and audited consolidated financial statements of the Company for the financial year ended 31 March 2026, together with the reports of the Board of Directors and the Auditors thereon.

2. To appoint a director in place of Mrs. Namita Sanjay Banka (DIN: 05017358), who retires by rotation, and being eligible, offers herself for re-appointment.

II. SPECIAL BUSINESS

3. Approval of Material Related Party Transactions with Megaliter Varunaa Private Limited, material unlisted subsidiary company, with a maximum value not exceeding ₹12,100 lakhs as detailed in the explanatory statement. The transactions include:

  • Sale, purchase or supply of any goods or materials: ₹2,500 lakhs
  • Availing or rendering of any services: ₹2,000 lakhs
  • Selling or otherwise disposing of or buying property: ₹500 lakhs
  • Contribution/Investment made: ₹1,000 lakhs
  • Loans, inter-corporate deposits or advances given: ₹1,000 lakhs
  • Giving Security in connection to loan: ₹1,000 lakhs
  • Guarantee (excluding performance guarantee), surety, indemnity or comfort letter: ₹4,000 lakhs

Voting Process and Methods

The Company has provided facility for members to exercise their right to vote by electronic means through remote e-Voting and voting at AGM. The facility is provided by Bigshare Services Private Limited.

Remote e-Voting Period: Begins on Sunday, 13 September 2026 at 09:00 am (IST) and ends on Wednesday, 16 September 2026 at 05:00 pm (IST).

Cut-off Date: 10 September 2026 to determine eligibility of members to cast vote.

Voting Methods:

  • Individual shareholders holding securities in demat mode can vote through their demat account maintained with Depositories and Depository Participants
  • Shareholders other than individual shareholders holding shares in Demat mode & physical mode can vote through https://ivote.bigshareonline.com

Key Voting Outcomes and Participation

Total votes cast and percentage in favor/against will be determined after the meeting. The scrutinizer will prepare a consolidated report of total votes cast in favour or against, invalid votes, and whether resolutions have been carried.

Scrutinizer's Role and Findings

Mr. M Ramana Reddy, Practicing Company Secretary (CP No. 18415), has been appointed as Scrutinizer to scrutinize the e-Voting process and voting at the AGM in a fair and transparent manner. The scrutinizer will download votes cast at the AGM, unlock votes cast through remote e-Voting, and make a consolidated report within two working days from conclusion of the AGM.

Compliance Confirmation

The meeting is conducted in compliance with provisions of the Companies Act, 2013, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and applicable Ministry of Corporate Affairs and Securities and Exchange Board of India Circulars, including General Circular No. 3/2025 dated September 22, 2025.

Additional Financial Information

The explanatory statement provides detailed information about the material related party transactions:

  • Total transactions with Megaliter Varunaa Private Limited during FY 2025-26: ₹2,287.14 lakhs
  • Transactions in current financial year (April-June 2026): ₹739.19 lakhs
  • Value of proposed transactions as percentage of listed entity's annual consolidated turnover: 212%
  • Value of proposed transactions as percentage of subsidiary's annual standalone turnover: 2066.15%
  • Megaliter Varunaa Private Limited financial performance (FY 2025-26):
  • Standalone Turnover: ₹585.63 lakhs
  • Standalone Profit After Tax: ₹14.80 lakhs
  • Standalone Net Worth: ₹1,110.64 lakhs

Director Details for Re-appointment

Mrs. Namita Sanjay Banka (DIN: 05017358), Managing Director, holds 32,64,409 equity shares as on 31 March 2026. She is also a director in Megaliter Varunaa Private Limited and has over 15 years of experience in the sanitation and waste management sector.