Trualt Bioenergy Approves Q1 Results and ₹84.21 Crore Stake Acquisition in Trualt Gas
Trualt Bioenergy Limited's board has approved unaudited Q1 financial results and the acquisition of a 51% stake in Trualt Gas Private Limited for ₹84.21 crore. The acquisition involves purchasing 35.08 lakh equity shares at ₹24 per share from Nirani Holdings Private Limited, a promoter group company. Trualt Gas, incorporated in September 2024, operates in the compressed biogas sector but hasn't started commercial operations yet. This move aligns with Trualt Bioenergy's growth strategy in the CBG market and aims to facilitate a proposed joint venture with SUMITOMO Corporation in the biogas business.

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Trualt Bioenergy Limited, a prominent player in India's biofuels sector, has made significant strides in its corporate strategy and financial reporting. The company's board recently approved two major decisions that could shape its future trajectory in the compressed biogas (CBG) market.
Financial Results Approval
The board of Trualt Bioenergy Limited has given its nod to the unaudited standalone and consolidated financial results for the first quarter. This approval marks the company's commitment to transparent financial reporting and adherence to regulatory requirements.
Strategic Acquisition in CBG Sector
In a move to strengthen its position in the compressed biogas market, Trualt Bioenergy has approved the acquisition of a majority stake in Trualt Gas Private Limited. Here are the key details of the acquisition:
| Aspect | Details |
|---|---|
| Stake Acquired | 51% |
| Seller | Nirani Holdings Private Limited (promoter group company) |
| Acquisition Cost | ₹84.21 crore |
| Payment Method | Cash |
| Shares Purchased | 35.08 lakh equity shares |
| Price per Share | ₹24.00 |
| Valuation Basis | Fair market value determined by independent registered valuer |
| Expected Completion | By November 30, 2025 |
About Trualt Gas Private Limited
Trualt Gas, the acquisition target, was incorporated in September 2024. The company operates in the compressed biogas sector but has not yet commenced commercial operations, resulting in zero turnover as of now.
Strategic Implications
This acquisition aligns with Trualt Bioenergy's growth strategy in the CBG sector. The company aims to:
- Expand its presence in the compressed biogas market
- Facilitate a proposed joint venture with SUMITOMO Corporation in the biogas business
The move underscores Trualt Bioenergy's commitment to strengthening its position in the renewable energy sector, particularly in biogas production and distribution.
Conclusion
Trualt Bioenergy's latest board decisions reflect its proactive approach to growth and expansion in the biofuels sector. The approval of quarterly results demonstrates financial transparency, while the strategic acquisition of Trualt Gas positions the company for potential growth in the compressed biogas market. As the renewable energy sector continues to evolve, Trualt Bioenergy appears to be making calculated moves to enhance its market presence and explore new business opportunities.




























