TruAlt Bioenergy Limited Appoints Mr. Monu Kumar as Interim Company Secretary and Compliance Officer

2 min read     Updated on 09 Jan 2026, 07:51 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

TruAlt Bioenergy Limited appointed Mr. Monu Kumar as Interim Company Secretary and Compliance Officer effective January 9, 2026, following board approval. Kumar, a qualified Company Secretary with over 11 years of experience in corporate governance and regulatory compliance, will serve until a regular officer is appointed. His background includes work with listed companies, NBFCs, and expertise in IPO compliance, mergers, and cross-border regulations.

29514112

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

TruAlt Bioenergy Limited has announced a key leadership appointment, naming Mr. Monu Kumar as Interim Company Secretary and Compliance Officer effective January 9, 2026. The appointment was approved by the company's Board of Directors following a recommendation from the Nomination and Remuneration Committee during their meeting held on January 9, 2026.

Board Meeting Details

The board meeting that approved Mr. Kumar's appointment commenced at 4:30 PM and concluded at 5:15 PM on January 9, 2026. The company has fulfilled its regulatory obligations by informing both BSE Limited and the National Stock Exchange of India Limited about this key managerial personnel appointment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Terms and Duration

Mr. Kumar's appointment as Interim Company Secretary and Compliance Officer is effective immediately and will continue until a regular Compliance Officer is appointed or until further orders of the Board, whichever occurs earlier. The appointment details are summarized below:

Parameter: Details
Position: Interim Company Secretary and Compliance Officer
Membership Number: A38853
Effective Date: January 9, 2026
Duration: Until regular appointment or further board orders
Status: Key Managerial Personnel (KMP)

Professional Background and Expertise

Mr. Monu Kumar brings substantial experience to his new role at TruAlt Bioenergy Limited. He is a qualified Company Secretary and Law Graduate with over 11 years of professional experience spanning multiple areas of corporate operations. His expertise encompasses several critical areas:

  • Corporate governance and secretarial functions
  • Legal and regulatory compliance across various entity types
  • Experience with listed, unlisted, NBFC, and group companies
  • Corporate restructuring and merger & acquisition activities
  • Cross-border regulatory compliance and FEMA matters
  • Transaction support and fund raising initiatives
  • IPO and listing compliance requirements

Previous Professional Experience

Prior to joining TruAlt Bioenergy Limited, Mr. Kumar held positions with several notable organizations. His previous associations include Kurl-On, which operates as a material subsidiary of Sheela Foam Limited (a listed entity), Rungta Irrigation Limited, and Samara Realty Private Limited. This diverse experience across different sectors and company structures positions him well for his interim role.

Regulatory Compliance

The appointment has been made in full compliance with regulatory requirements, including Regulation 30 of the SEBI Listing Regulations and relevant SEBI circulars. TruAlt Bioenergy Limited has provided comprehensive disclosure details as required under the applicable regulations and has made the information available on the company's website at www.trualtbioenergy.com .

This interim appointment ensures continuity in the company's compliance and secretarial functions while the organization works toward identifying a permanent candidate for the role. Mr. Kumar's extensive background in corporate governance and regulatory compliance across various business environments makes him well-suited to handle the interim responsibilities effectively.

like20
dislike

TruAlt Bioenergy Reports Strategic Revenue Decline, Eyes Strong Recovery with Multi-Feed Operations

2 min read     Updated on 19 Nov 2025, 07:46 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

TruAlt Bioenergy Limited reported a 26% year-on-year revenue decline to INR 418.00 crores in H1 FY26 due to plant shutdowns for capacity conversion. Despite this, EBITDA margins improved through cost control measures. The company produced 5.70 crore liters of ethanol and targets 47.00 crore liters for the current year. TruAlt's Compressed Biogas business grew 65% year-on-year. The company is expanding through partnerships with Sumitomo Corporation and GAIL, developing a retail fuel network, and planning an ethanol-to-SAF plant investment of up to INR 2,250.00 crores. Management expects improved performance in H2 FY26 with potential ethanol production of 31-32 crore liters.

25107371

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

TruAlt Bioenergy Limited, a leading player in India's biofuel sector, reported a 26% year-on-year revenue decline to INR 418.00 crores in H1 FY26. The company attributes this drop to deliberate plant shutdowns for converting 1,300 KLPD capacity to dual-feed operations, a move aimed at enhancing operational flexibility and year-round production capabilities.

Financial Highlights

Despite the revenue dip, TruAlt Bioenergy saw improvements in its EBITDA margins through cost control measures. The company's strategic shift from a seasonal business model to a near-continuous operation is expected to drive stronger performance in the coming quarters.

Financial Metric H1 FY26 H1 FY25 YoY Change
Revenue INR 418.00 crores INR 585.00 crores -26%
EBITDA Margin Improved - -
Ethanol Production 5.70 crore liters - -

Operational Updates

  • The company targets 47.00 crore liters of ethanol supply for the current year.
  • TruAlt expects a strong recovery in H2 FY26, with ethanol volumes normalizing as multi-feed operations stabilize.
  • The Compressed Biogas (CBG) business showed impressive growth of 65% year-on-year.

Strategic Partnerships and Expansion

TruAlt Bioenergy is making significant strides in diversifying its business:

  1. Sumitomo Corporation Partnership: Construction has begun on three CBG plants under this collaboration, expected to be operational by the end of Q2 FY27.

  2. GAIL Partnership: The company has approved seven project locations between Karnataka and Maharashtra for CBG plant rollout.

  3. Retail Fuel Network: Seven outlets are operational, with six more ready to commence shortly, as part of a 100-location rollout plan.

  4. Sustainable Aviation Fuel (SAF): TruAlt is entering into an MOU with the Andhra Pradesh government for an investment of up to INR 2,250.00 crores for an ethanol-to-SAF plant.

Future Outlook

Vijaykumar Murugesh Nirani, Managing Director of TruAlt Bioenergy, expressed optimism about the company's future: "We anticipate a sustained growth trajectory aligned with past performance trends. Our diversified portfolio across ethanol, CBG, retail fuel, and the upcoming SAF verticals provides a strong base for resilient multi-vertical growth and consistent value creation for all stakeholders."

The company expects to see improved performance in H2 FY26, with ethanol production potentially reaching 31-32 crore liters in the second half of the fiscal year.

As TruAlt Bioenergy continues to expand its operations and diversify its product portfolio, it aims to strengthen its position in India's clean energy value chain and contribute significantly to the country's low-carbon, self-reliant future.

like17
dislike
More News on Trualt Bioenergy
Explore Other Articles