- Business
- Banka BioLoo Limited engages in sanitation, fecal sludge management, sewage treatment, and wastewater solutions primarily in India. The company manufactures, supplies, installs, operates, and maintains bio-toilets; bio-digesters; FootLoo controlled discharge toilets; faecal sludge treatment plants including Pluto and FSTPs; sewage treatment plants including packaged STPs and Johkasou; urban sewage-as-a-service via Megaliter; as well as operations and management services for treatment plants; and serves as authorized dealer for KSB water and wastewater pumps, targeting residential, commercial, CSR, railway, industrial, and community sectors with sustainable WaSH technologies. Founded in 2012 and headquartered in Hyderabad, India, it operates through subsidiaries including Megaliter Varunaa Private Limited and focuses on the full sanitation value chain across India and select international markets such as Kenya and Uganda. Recent developments include multiple employee stock option plan grants, exercises, and allotments in 2024 and 2025; appointments of key management personnel such as a new CFO in January 2024, Company Secretary in February and May 2024, and directors including Vishal Murarka; resignations of prior CFO and Company Secretary in late 2023 and early 2024; disinvestments in associates like Sustainable Sanitation Industry Association and Enzotech Solutions Pvt Ltd; board authorizations for a new ESOP plan; secretarial auditor appointments; and financial reporting for fiscal years through 2025 alongside ongoing expansions in STP-as-a-Service models.