StockWatch
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Other Agricultural Products
Regulatory26 Aug 2026, 03:58 pm

Trualt Bioenergy Fined ₹9.1 Lakhs by NSE & BSE

AI Summary

Trualt Bioenergy Ltd has received notices from the National Stock Exchange (NSE) and BSE Limited (BSE) imposing a fine of ₹4,55,000 each, plus applicable GST, totaling ₹9,10,000 plus GST. The fines are for alleged non-compliance with Regulation 17(1) of SEBI Listing Regulations concerning board composition, specifically the failure to appoint a woman independent director. The company is reviewing the notices and will take appropriate steps. The matter will be presented to the Board of Directors in an upcoming meeting. The financial impact is limited to the imposed fines.

Key Highlights

  • Fined ₹4,55,000 each by NSE and BSE for alleged non-compliance.
  • Violation relates to board composition and failure to appoint a woman independent director.
  • Company is reviewing notices and will take appropriate action.
  • Financial impact limited to the total fine amount.