TruAlt Bioenergy Ltd has closed its trading window effective October 1, 2026. The closure remains in force until 48 hours after the declaration of unaudited financial results for the quarter and half year ending September 30, 2026.

Regulatory compliance and timeline

The company issued the notice pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal Code of Conduct. This code regulates trading by designated persons and their immediate relatives to prevent misuse of unpublished price-sensitive information.

The trading window will remain closed until 48 hours after the declaration of the unaudited financial results. The specific date for the board meeting regarding these results will be communicated separately in due course.

Key details of the closure

Designated persons are prohibited from dealing in the company's securities during this period. The company secretary and compliance officer signed the disclosure submitted to both BSE and NSE.

TruAlt Bioenergy Limited disclosed that Kamala Murugesh Nirani, a member of the promoter group, created a pledge on 3,00,000 equity shares with Jio Credit Limited. This new encumbrance brings the total shares pledged by the promoter group entities to Jio Credit to 17,00,000.

The transaction was reported on September 28, 2026. The shares were pledged as security for debt availed by promoters Vijaykumar Nirani and Vishal Nirani from Jio Credit Limited (formerly Jio Finance Limited). The proceeds were utilized to finance the acquisition of additional shares in TruAlt Bioenergy, aiming to increase the promoters' shareholding.

Encumbrance details

Kamala Murugesh Nirani holds 42,27,590 shares, constituting 4.93% of the company's equity. Prior to this event, she had already encumbered 39,03,146 shares. The creation of the pledge on September 25, 2026, increased her encumbered holding to 42,27,590 shares, meaning 100% of her personal holding is now pledged.

This addition follows the earlier disclosure where Nirani Holdings Private Limited pledged 14,00,000 shares. The combined pledge activity indicates a significant leveraging of the promoter group's equity stake to fund share acquisitions.

What the numbers show

The cumulative pledging by the promoter group highlights a concentrated dependency on Jio Credit Limited. With Nirani Holdings Private Limited having previously pledged 84% of its holding (14,00,000 out of 16,57,411 shares) and Kamala Murugesh Nirani now having pledged 100% of her holding (42,27,590 shares), the majority of the identified promoter group's equity is currently encumbered. The total value of the recent pledge by Kamala Murugesh Nirani was disclosed as ₹13.17 crore, while the earlier pledge by Nirani Holdings was valued at ₹58.10 crore.