Trualt Bioenergy Approves Q1 Results and ₹84.21 Crore Stake Acquisition in Trualt Gas

1 min read     Updated on 22 Oct 2025, 12:51 AM
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Reviewed by
Riya DeyScanX News Team
Overview

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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*this image is generated using AI for illustrative purposes only.

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:

  1. Expand its presence in the compressed biogas market
  2. 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.

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Trualt Bioenergy Approves Q1 FY2026 Results and Strategic Acquisition in Compressed Biogas Sector

2 min read     Updated on 19 Oct 2025, 11:14 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Trualt Bioenergy Limited's Board has approved the acquisition of a 51% stake in Trualt Gas Private Limited (TGPL) for Rs. 8.42 crore. TGPL, incorporated in 2024, will focus on compressed biogas production from municipal waste and press mud. The acquisition aligns with Trualt's strategy to expand in renewable energy and supports a proposed joint venture with SUMITOMO Corporation. The Board also approved Q1 FY2026 financial results. The deal is expected to complete by November 30, 2025.

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*this image is generated using AI for illustrative purposes only.

Trualt Bioenergy Limited, a key player in the bioenergy sector, has made significant strides in its business operations and expansion plans. The company's Board of Directors, in a meeting held on October 19, 2025, approved several important decisions that are set to shape its future trajectory.

Financial Results Approval

The Board has approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY2026). While specific financial figures were not disclosed in the available information, this approval marks an important milestone in the company's fiscal year.

Strategic Acquisition in Compressed Biogas Sector

In a move to expand its footprint in the renewable energy market, Trualt Bioenergy has approved the acquisition of a majority stake in Trualt Gas Private Limited (TGPL). Here are the key details of this acquisition:

Aspect Details
Stake Acquired 51% of TGPL's paid-up equity share capital
Seller Nirani Holdings Private Limited (Promoter Group Company)
Number of Shares 35,08,807 equity shares
Price per Share Rs. 24.00
Total Acquisition Cost Rs. 8,42,11,371 (approximately Rs. 8.42 crore)
Expected Completion On or before November 30, 2025

About Trualt Gas Private Limited

TGPL, incorporated on September 6, 2024, is positioned to operate in the compressed biogas (CBG) sector. The company's primary focus includes:

  • Processing municipal solid waste and press mud
  • Manufacturing compressed biogas and allied products
  • Producing fermented organic manure and potash derived from molasses
  • Refining and dealing in various fuels and petroleum products

It's worth noting that TGPL has not yet commenced commercial operations, indicating that this is a forward-looking investment by Trualt Bioenergy.

Strategic Implications

This acquisition aligns with Trualt Bioenergy's long-term strategy to diversify into sustainable and renewable energy businesses. The move is expected to:

  1. Leverage opportunities in the CBG segment under the Government of India's renewable energy initiatives
  2. Facilitate a proposed joint venture with SUMITOMO Corporation in the biogas sector
  3. Enhance long-term revenue visibility through participation in an environmentally sustainable and high-growth business area

Valuation and Compliance

The transaction is being conducted at fair market value, as determined by an independent registered valuer, Mr. Gaurav Madhukar Vispute. This valuation ensures compliance with regulatory requirements for related party transactions.

Looking Ahead

While the immediate financial impact may be limited due to TGPL's pre-operational status, Trualt Bioenergy anticipates positive effects on its overall business operations and profitability in the medium to long term. This strategic move not only diversifies the company's revenue streams but also strengthens its commitment to Environmental, Social, and Governance (ESG) objectives.

As the renewable energy sector continues to gain prominence, Trualt Bioenergy's expansion into the compressed biogas market positions it to capitalize on the growing demand for sustainable energy solutions. Investors and industry observers will be keenly watching how this acquisition unfolds and contributes to the company's growth trajectory in the coming years.

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