Selan Exploration Technology Limited — Board Meeting, 12-08-2025: Outcome of Board Meeting

Selan Exploration Technology's board has approved its Q1 FY26 financial results, reporting a net profit of ₹11.22 Cr. A major update includes the allotment of 1.99 Cr new equity shares following the amalgamation with Antelopus Energy, which are now pending listing. Strategically, Selan is moving to fully acquire the Cambay Field by agreeing to purchase the remaining 50% participating interest for up to $14 million. The company has also applied to change its name to Antelopus Selan Energy Limited.