True Green Bio Energy Limited Submits Q4FY26 SEBI Compliance Certificate

1 min read     Updated on 07 Apr 2026, 02:21 AM
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AI Summary

True Green Bio Energy Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) with BSE Limited on April 6, 2026. The filing confirms proper handling of dematerialized securities during the quarter ended March 31, 2026, with registrar MUFG Intime India Private Limited confirming adherence to prescribed timelines and procedures for security certificate processing and listing requirements.

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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.

Filing Details: Information
Regulation: SEBI Regulation 74(5)
Quarter Ended: March 31, 2026
Filing Date: April 6, 2026
Filed By: Siddhi Shah, Company Secretary
Membership No: A44885

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.

Historical Stock Returns for True Green Bio Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%+12.47%-10.53%+70.59%+37.91%+910.57%

What strategic initiatives might True Green Bio Energy pursue in Q1 FY27 following this clean compliance record?

How could the company's transition from CIL Nova Petrochemicals to True Green Bio Energy impact its future market positioning in the renewable energy sector?

Will True Green Bio Energy consider expanding its dematerialization processes to additional stock exchanges beyond its current listings?

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True Green Bio Energy Limited Clarifies Recent Price Movement as Market-Driven

1 min read     Updated on 05 Mar 2026, 01:02 PM
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True Green Bio Energy Limited clarified to BSE Limited that recent price and volume spurt in its stock is market-driven with no undisclosed material information. The company confirmed compliance with SEBI Regulation 30 disclosure requirements and stated that management has no connection to the price movements, emphasizing the increase is purely due to market conditions.

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True Green Bio Energy Limited has issued a formal clarification to BSE Limited regarding recent unusual price and volume movements in its stock. The company responded to BSE's inquiry dated 4th March 2026 through a regulatory filing on 5th March 2026.

Regulatory Compliance Statement

The company has categorically stated that it has not withheld any material information or events that are required to be disclosed pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the management confirmed that there is no other material information or event that would have a bearing on the price or volume behavior of the scrip.

Parameter: Details
Filing Date: 5th March 2026
Exchange: BSE Limited
Scrip Code: 533407
Reference Letter: L/SURV/ONL/PV/SG/2025-2026/950
Former Company Name: CIL Nova Petrochemicals Limited

Market-Driven Movement

True Green Bio Energy Limited emphasized that the increase in price and volume of its scrip is purely due to market conditions and is absolutely market-driven. The management has clarified that it is in no way connected with any such increase or decrease in price or volume of the company's scrip.

Corporate Authorization

The clarification was signed by Siddhi Shah, Company Secretary and Compliance Officer (Membership No.: A44885), who digitally signed the document on 5th March 2026 at 12:43:34 +05'30'. The filing represents the company's commitment to maintaining transparency with regulatory authorities and ensuring compliance with disclosure requirements.

This clarification follows standard regulatory practice where stock exchanges seek explanations from listed companies when their securities experience unusual price or volume movements to ensure market integrity and investor protection.

Historical Stock Returns for True Green Bio Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+1.98%+12.47%-10.53%+70.59%+37.91%+910.57%
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1 Year Returns:+37.91%