Southern Online receives Letter of Intent from HPCL for supply of Bio Diesel

Solana Biofuels Ltd. | Petrochemicals | Oil & Gas | BSE: 532669 | NSE:

07 Jul 2016 Evaluate

Southern Online Bio Technologies has received Letter of Intent (LoI) from Hindustan Petroleum Corporation for the supply of 1500 Kilo Liters of Bio Diesel from July to September 2016 to its Secunderabad location in Telangana State. The said tender is valid up to March 2017 and the order is further extendable for two quarters with an expected order value to be Rs 21.73 crore for March ending 2017.

Southern Online Bio Technologies is an eco-friendly green field company. The company was the first private Internet Service Provider to offer internet connectivity across its length & breadth of Andhra Pradesh.

Peers

Company Name	CMP
Rain Industries	218.05
Supreme Petrochem	879.30
Agarwal Indl. Corpn.	401.10
TN Petro Products	127.05
Kothari Petrochem
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.