Key Resolution Details

  • Special Resolution: Appointment of Dr. Sarvamangala Rajendra Patil (DIN: 07694181) as Non-Executive Independent Director for a period of 1 year from September 22, 2026 to September 21, 2027
  • Cut-off Date for Voting Eligibility: Friday, October 9, 2026
  • Voting Method: Remote e-voting only through NSDL services

Voting Timeline

  • E-voting commencement: Wednesday, October 14, 2026 at 09:00 am IST
  • E-voting conclusion: Thursday, November 12, 2026 at 05:00 pm IST
  • Results declaration: On or before Saturday, November 14, 2026

Director Appointment Details

Background: Dr. Sarvamangala Rajendra Patil was initially appointed as Additional Director in the category of Non-Executive Independent Director effective September 22, 2026 under Section 161(1) of Companies Act, 2013.

Qualifications: Ph.D. in Microbiology, M.Phil. (Microbiology), M.Sc. (Microbiology), B.Sc. (Microbiology, Chemistry, Zoology) from Gulbarga University

Expertise Areas:

  • Biotechnology, Microbiology and Life Sciences (20+ years experience)
  • Industry/Sectoral Knowledge and Technology
  • Sustainability, Environment and ESG
  • Government, Public Policy and Regulatory Advisory
  • Corporate Governance and Institutional Leadership
  • Strategic Planning and Institutional Development

Professional Experience:

  • Founder of Biotechnology Research Centre
  • Implemented Biotechnology Finishing School initiative (Government of Karnataka)
  • Member of State Expert Appraisal Committee (SEAC), Government of Karnataka
  • Member of Karnataka State Lake Conservation & Development Authority
  • Academic Council Member of Gulbarga University
  • Founder Vice-President of Sir M. Vishweshwariah Educational Trust

Current Directorships:

  • Kalaburagi Ladies Association Manufacturers Park (Section 8 company)
  • Ecoshine Technologies LLP

Remuneration Terms:

  • No remuneration except sitting fees for Board/Committee meetings
  • Reimbursement of actual out-of-pocket expenses for meeting attendance
  • Sitting fees within limits prescribed under Companies Act

Voting Process Details

  • Scrutinizer: Mr. Deepak Sadhu, Practicing Company Secretary (Membership No.: A39541, COP No.: 14992)
  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • EVEN (Event Number): 143287
  • Voting Rights: Proportional to shareholding as on cut-off date
  • No proxy voting allowed for postal ballot

Document Availability

  • Company website: www.trualtbioenergy.com
  • Stock exchange websites: BSE Limited (www.bseindia.com) and National Stock Exchange (www.nseindia.com)
  • NSDL website: www.evoting.nsdl.com
  • Advertisement in one regional (Kannada) and one English newspaper in Bagalkot district

Inspection Rights

Members may inspect appointment terms and conditions at Registered Office during business hours or electronically by emailing cs@trualtbioenergy.com with required documentation.

Financial Impact

No financial impact disclosed beyond sitting fees and expense reimbursements for director meetings.