Trualt Bioenergy Ltd

Meeting Details

• Meeting scheduled for Friday, October 23, 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for Q2 and H1 ended Sep 30, 2026.

Other Notes

• Trading window for designated persons and relatives remains closed until 48 hours after unaudited results submission.
• Disclosure will be hosted on the company's website.

Promoter stake increase

• NHPL acquired 196,129 shares at Rs 463.61 average price.
• Transaction value about Rs 9.09 crore.
• Post-acquisition NHPL holds 21,27,773 shares, 2.48%.
• Promoter stake rises from 2.25% (19,31,644) to 2.48%.
• Acquisition conducted on-market via NSE and BSE on 30 Sep 2026.

Trualt Bioenergy Limited trading window closed from Thursday, October 1, 2026, till 48 (Forty Eight) hours after declaration of the Unaudited Financial Results of the Company for the quarter and half year ending September 30, 2026.

Promoter pledge details

• Pledge creation on 3,00,000 TruAlt shares by Kamala Murugesh Nirani.
• Pledged shares valued at INR 13.17 crore.
• Total promoter ownership remains 4.93% (42,27,590 shares) post-pledge.
• Pledged portion equals 0.35% of total share capital.
• Pledge secures debt availed by Vijaykumar Nirani and Vishal Nirani from Jio Credit Limited.
• Lender is Jio Credit Limited (formerly Jio Finance Limited).
• Promoter group: Kamala Murugesh Nirani.
• Disclosures filed under SEBI SAST Reg. 31(1) and PIT Reg. 7(2).

Promoter stake change

• NHPL bought 1,22,032 shares at Rs 458.05, final holding 19,31,644 shares (2.25%).
• Promoter stake rose from 2.11% to 2.25% on 28 Sep 2026.

Promoter holding change

• NHPL bought 152,201 equity shares at Rs 439.32, lifting stake to 1,809,612 shares (2.11%) on 25-09-2026.

Pledge by NHPL on TruAlt shares

• NHPL pledges 14,00,000 TruAlt shares (1.63%) with Jio Credit Limited.
• Debt security for promoters Vijaykumar Nirani and Vishal Nirani.
• Value of pledged shares: ₹58.10 Cr.
• Date of pledge: 22.09.2026.
• Promoter holding (pre-pledge): 16,57,411 shares (1.93%).
• Purpose: finance acquisition to increase promoter stake.

Regulatory disclosures

• Form-C disclosures filed under SEBI PIT 7(2) and SEBI SAST 31(1).
• Reporting date: 24.09.2026.

Regulatory fines and governance update

• Board reviewed NSE/BSE notices for non-compliance with LODR Regulations 17(1) and 29.
• Appointed Dr. Sarvamangala R. Patil as Additional Non-Executive Independent Woman Director on Sept 22, 2026.
• Delay in appointing the woman director was not intentional; compliance was pursued.
• Reg 29 lapse was inadvertent; fine paid; compliance restored.
• Total Reg 17(1) fines as of Jun-2026: Rs 536,900 incl. GST.
• NSE fine: Rs 455,000 base, GST Rs 81,900; total Rs 536,900.
• BSE: Reg 29(2)/29(3) fine Rs 10,000 base + Rs 1,800 GST = Rs 11,800.
• Waiver process: file via NEAPS; 10,000 processing fee plus 18% GST; payment within 15 days.

Director appointment

• Dr. Sarvamangala R Patil appointed as Additional Non-Executive Independent Director, effective 22 Sep 2026.
• Independent Director term: one year to 21 Sep 2027; not liable to retire by rotation.
• Appointment subject to shareholder approval by special resolution.

Major investments in subsidiaries

• Leafiniti Bioenergy Private Limited: Rs 21,42,00,000 for 51% stake; cash; completion by 10 Oct 2026.
• Investment to be at arm's length.
• Leafiniti is a TruAlt subsidiary holding 51% equity.
• TruAlt Sumi Gas Private Limited: Rs 8,26,82,220 for 51% stake; completion 27 Sep 2026; cash at Rs 34/share.

Postal ballot and e-voting administration

• Deepak Sadhu appointed Scrutinizer for remote e-voting.
• NSDL appointed as e-voting agency.
• Draft Postal Ballot Notice prepared for Dr Patil appointment.