True Green Bio Energy Limited has officially confirmed to BSE Limited that it does not qualify as a Large Corporate under SEBI's regulatory framework for debt securities fund raising. The communication, dated April 7, 2026, provides clarity on the company's regulatory status and compliance obligations.

Regulatory Compliance Confirmation

The company addressed SEBI Circular SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023, which establishes the framework for fund raising by issuance of debt securities by Large Corporate entities. True Green Bio Energy Limited, formerly known as CIL Nova Petrochemicals Limited, has confirmed that it does not meet the criteria for Large Corporate classification under this regulatory framework.

Implications of Non-LC Status

By confirming its non-Large Corporate status, True Green Bio Energy Limited is exempt from the specific disclosures and compliance requirements mandated for Large Corporate entities under the SEBI framework. This classification affects the company's approach to debt securities issuance and associated regulatory obligations.

Official Communication

The formal communication was signed by Company Secretary Siddhi Shah (Membership No.: A44885) and Chief Financial Officer Satish Bhatt, ensuring proper authorization and compliance with corporate governance requirements. The communication serves as an official record for regulatory and investor information purposes.

True Green Bio Energy Limited has submitted its quarterly compliance certificate under SEBI regulations to BSE Limited, confirming adherence to depositories and participants regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018 on April 6, 2026. Company Secretary and Compliance Officer Siddhi Shah submitted the documentation to BSE Limited's Compliance Department.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, served as the registrar and transfer agent for the compliance process. The registrar provided confirmation on April 1, 2026, regarding the proper handling of securities during the quarter.

The registrar confirmed that securities received from depository participants for dematerialization during Q4FY26 were properly processed and confirmed to the depositories. All securities comprised in the certificates have been listed on stock exchanges where the company's previously issued securities are already listed.

Dematerialization Process Compliance

MUFG Intime India confirmed adherence to prescribed procedures for security certificate handling:

• Securities received for dematerialization were confirmed or rejected within prescribed timelines
• Security certificates were mutilated and cancelled after due verification by depository participants
• Depositories' names were substituted in the register of members as registered owners
• All processes followed prescribed regulatory timelines

Company Information

True Green Bio Energy Limited, formerly CIL Nova Petrochemicals Ltd., operates from its registered office and factory located at Moraiya Village, Sarkhej-Bavla Highway, Ahmedabad. The company maintains its corporate registry services through MUFG Intime India Private Limited, with Ashok Shetty serving as Sr. Vice President-Corporate Registry at the registrar firm.