Company Disclosure
Key Details of Regulatory Action
- Authority: National Stock Exchange of India Limited (NSE) and BSE Limited
- Date of Receipt: August 25, 2026
- Nature of Action: Imposition of monetary fine for alleged non-compliance with Regulation 17(1) of SEBI Listing Regulations
- Specific Violation: Failure to comply with board composition requirements, including failure to appoint a woman independent director
- Fine Amount: ₹4,55,000/- each from NSE and BSE, plus applicable GST
- Total Fine: ₹9,10,000/- plus GST (₹4,55,000 × 2 exchanges)
Financial Impact
As per the disclosure, the impact on the company's financials is limited to the fine imposed by the exchanges. The amount is quantifiable as ₹4,55,000 per exchange plus applicable GST.
Company Response and Next Steps
- The company is currently examining the notices received from the exchanges
- The matter will be placed before the Board of Directors in the ensuing Board Meeting
- The company will take appropriate steps in compliance with SEBI Listing Regulations and circulars
Additional Information
- The disclosure is signed by Monu Kumar, Company Secretary & Compliance Officer (ACS:38853)
- The document will be available on the company's website: www.trualtbioenergy.com
- Company CIN: L15400KA2021PLC145978
- Company GSTIN: 29AAICT5347A1ZB