True Green Bio Energy Limited passed all four resolutions proposed at its 22nd Annual General Meeting held on September 29, 2026. The meeting, conducted via video conferencing, saw shareholders approve the audited financial statements for FY26 and key governance matters.

The company, formerly known as CIL Nova Petrochemicals Ltd., reported that a total of 27 members holding 1,79,39,419 equity shares participated through remote e-voting. No members cast votes via the Insta Poll feature during the live meeting. The voting process was scrutinized by Jatin H. Kapadia of K Jatin & Co., who confirmed the requisite majorities were met for all items.

Resolutions approved

The shareholders unanimously approved the adoption of the audited balance sheet and profit and loss account for the year ended March 31, 2026. Additionally, Mr. Jyotiprasad D. Chiripal was re-appointed as a director in place of himself, having retired by rotation. The board also secured approval for related party transactions for the financial year 2026-27 and regularized Ms. Trusha Shah’s appointment as an independent director for a five-year term ending June 29, 2031.

What the numbers show

The voting data reveals a significant concentration of power among promoter entities. For Resolution No. 3, which concerned related party transactions, votes cast by promoters and their group aggregating 1,78,49,643 shares were treated as invalid under Section 188(1) of the Companies Act, 2013. Consequently, the resolution was approved solely on the basis of valid votes from public shareholders, which amounted to just 89,776 shares. This indicates that while promoter interest is high, regulatory compliance required excluding their votes for this specific item, leaving public shareholders as the deciding factor for this particular governance issue.

True Green Bio Energy Limited , formerly known as CIL Nova Petrochemicals Limited, has scheduled its 22nd Annual General Meeting for September 29, 2026, at 4:00 pm via Video Conferencing and Other Audio Visual Means.

The company fixed September 22, 2026 as the record date to determine shareholder eligibility for e-voting, pursuant to Regulation 42 of the Listing Regulations. The record date applies to equity shareholders entitled to participate in both remote e-voting and e-voting conducted at the venue of the AGM. The intimation was filed with BSE Limited.

AGM and record date details

The following table summarises the key details of the meeting and voting eligibility:

Annual report access and shareholder communication

In accordance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has sent a letter to shareholders whose email addresses are not registered with the company, its Registrar and Share Transfer Agent, or Depository Participants. The letter provides a weblink to the company's website where the Annual Report and Notice of the 22nd AGM for FY 2025-26 can be accessed.

The company's Registrar and Share Transfer Agent is MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited. Shareholders holding securities in physical mode have been reminded to update their KYC details, including PAN, address with PIN code, mobile number, bank account details, specimen signature, and nomination choice, pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. The circular also mandates that security holders in physical mode whose folios lack updated PAN, nomination choice, contact details, bank account details, and specimen signature will be eligible for payments only through electronic mode with effect from April 1, 2024.

Siddhi Shah, Company Secretary (Membership No. A44885), signed the intimation filed with BSE Limited on September 8, 2026. An earlier intimation related to the record date was signed by Jyotiprasad Devkinandan Chiripal, Director, and filed on September 7, 2026.