Trualt Bioenergy Limited has initiated a postal ballot process to seek shareholder approval for material related party transactions with Nirani Sugars Limited for the financial year 2026-27. The proposed transactions, which include the purchase of raw materials and sale of goods, have an aggregate value of up to Rs 2,500 Crores. The company stated that these transactions are essential for ensuring an uninterrupted supply of critical feedstock such as bagasse, syrup, and molasses required for its ethanol and bioenergy operations.

The company’s annual consolidated turnover for the financial year 2025-26 was Rs 1,727.51 Crores. As the proposed transaction value exceeds 10% of this turnover, shareholder approval is mandated under Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Audit Committee and Board of Directors have reviewed the commercial rationale and recommended the approval, noting that the transactions will be conducted at arm’s length and in the ordinary course of business.

Postal Ballot and E-voting Schedule

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. Only shareholders whose names appear in the register of members or beneficial owners as on the cut-off date of Friday, June 5, 2026, are entitled to vote. The notice has been dispatched electronically to members, and physical ballot forms will not be accepted.

Transaction Details

The resolution seeks approval to continue existing contracts and enter into new arrangements with Nirani Sugars Limited, a related party. The transactions cover the purchase of raw materials up to Rs 2,000 Crores and the sale of goods up to Rs 500 Crores. The tenure of these transactions is one year.

Mr. Deepak Sadhu, a Practicing Company Secretary, has been appointed as the Scrutinizer to ensure the voting process is conducted fairly. The results will be announced on or before July 11, 2026, and displayed on the company’s website and the stock exchanges.

Trualt Bioenergy Limited has scheduled a group meeting with analysts and institutional investors on June 12, 2026, to discuss its performance and outlook. The interaction will take place virtually as part of the InsightX 2026-Choice Virtual Conference, organized by Choice Equity Broking Pvt. Ltd. The session is set to occur from 11:00 A.M. to 12:00 P.M. (IST).

The company stated that the discussion will be based exclusively on publicly available information. No unpublished price-sensitive information will be shared during the meeting. This disclosure was made in accordance with Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The following table outlines the specific schedule and particulars for the investor interaction:

Trualt Bioenergy noted that the investor meetings are subject to last-minute changes due to exigencies on the part of the investors or the company. The information regarding the meeting is also available on the company's official website.