Legal6 Feb 2026, 08:12 pm
Trualt Bioenergy Ltd. Allowed to Supply Shortfall Quantity of Ethanol by Hon’ble High Court of Karnataka
AI Summary
Trualt Bioenergy Ltd. has been allowed by the Hon’ble High Court of Karnataka to supply a shortfall quantity of 1,56,292 KL of ethanol, having an estimated value of approximately INR 1,075 crore, to the Oil Marketing Companies (OMCs) for Q3 and Q4 of ESY 2024-25. The court has issued a writ of mandamus directing the concerned OMCs to consider the Company’s representation dated October 23, 2025. This could potentially have a positive impact on the Company’s financial performance as it may enable Trualt Bioenergy Ltd. to supply the contracted quantities within an extended timeline.
Key Highlights
- Trualt Bioenergy Ltd. has been allowed by the Hon’ble High Court of Karnataka to supply a shortfall quantity of 1,56,292 KL of ethanol to the Oil Marketing Companies (OMCs) for Q3 and Q4 of ESY 2024-25.
- The court has issued a writ of mandamus directing the concerned OMCs to consider the Company’s representation dated October 23, 2025.
- This could potentially have a positive impact on the Company’s financial performance as it may enable Trualt Bioenergy Ltd. to supply the contracted quantities within an extended timeline.
- The shortfall quantity of ethanol has an estimated value of approximately INR 1,075 crore.
- The decision comes after Trualt Bioenergy Ltd. filed a writ petition seeking an extension of time by a period of 90 days for the supply of the shortfall quantity of ethanol.