Trualt Bioenergy Limited has announced the designation of additional Key Managerial Personnel (KMP) for determining materiality of events and information under regulatory requirements. The Board of Directors made this decision during their meeting held on March 30, 2026.

Regulatory Compliance Enhancement

The company has designated Mr. Monu Kumar, Company Secretary and Compliance Officer, as additional KMP pursuant to Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This designation aligns with the company's Policy for Determination of Materiality of Events or Information and strengthens its regulatory compliance framework.

Updated Key Managerial Personnel List

The company has provided an updated list of authorized personnel responsible for determining materiality and making disclosures to stock exchanges under Regulation 30 of SEBI Listing Regulations:

Authorization Framework

According to the company's disclosure, any two of the designated KMP can jointly determine materiality, with the condition that one of them must be an Executive Director. This framework ensures proper oversight and decision-making authority for regulatory disclosures.

Event Details

The designation took effect on March 30, 2026, at 1:50 P.M. The company has communicated this development to both BSE Limited and National Stock Exchange of India Limited, fulfilling its disclosure obligations under SEBI regulations. The information is also available on the company's website at www.trualtbioenergy.com .

GAIL (India) Limited has completed a strategic investment of ₹130 million in Leafiniti Bioenergy Private Limited (LBPL), a subsidiary of TruAlt Bioenergy Limited, establishing a significant partnership in the compressed biogas (CBG) sector. The investment was announced through an official press release on March 19, 2026, marking a notable development in India's renewable energy landscape.

Investment Structure and Partnership Details

The investment is executed pursuant to a Share Subscription-cum-Shareholders' Agreement signed on August 11, 2025. Under this arrangement, GAIL will acquire a 49% equity stake in Leafiniti Bioenergy, while TruAlt retains majority control with 51% ownership.

CBG Plant Development and Capacity

The joint venture will focus on establishing multiple greenfield CBG plants across Karnataka, Maharashtra, and Odisha. In its first phase, the partnership will develop six state-of-the-art facilities, each with a capacity of 12 tonnes per day, utilizing associated residues from sugar mills.

Environmental Impact and Strategic Vision

The project is projected to deliver significant environmental benefits, including the displacement of approximately 19,800 tonnes of fossil fuels annually and avoiding 9,300 tonnes of methane emissions per annum. This aligns with India's climate commitments and net-zero by 2070 vision.

Vijay Nirani, Founder & Managing Director of TruAlt Bioenergy, emphasized the strategic importance of the partnership: "This joint venture goes beyond infrastructure or investment; it reflects a new paradigm in energy thinking where national security, rural prosperity and climate action are not competing priorities, but converging outcomes."

Rajeev Kumar Singhal, Director Business Development at GAIL (India) Limited, highlighted the sector's potential: "India currently imports about 50% of its natural gas requirement. By scaling up CBG, we can reduce foreign exchange outflows strengthen energy security against global price and supply shocks."

Market Implications

The collaboration combines TruAlt's expertise in bioenergy production with GAIL's extensive gas infrastructure and market reach. TruAlt Bioenergy, recognized as one of India's largest biofuels companies and the country's only dedicated bioenergy enterprise, is also the first biofuels company in India to attain Oil Marketing Company (OMC) status. The partnership positions both companies to leverage their complementary strengths in advancing India's CBG sector development and energy transition goals.