Trualt Bioenergy Sells Unit 5 for ₹171 Cr

Trualt Bioenergy Ltd has approved the sale of its undertaking, Unit 5, located in Muttalageri Village, Badami Taluka, Karnataka, to M/s. Onkar Agro Sugars & Energy Private Limited for an aggregate consideration of ₹171 crore. The sale is structured as a slump sale and is subject to definitive agreements and customary closing adjustments. Unit 5 is considered a non-core asset, with no contribution to the company's revenue in the last financial year. The divestment aims to strengthen the company's financial position by reducing debt, lowering finance costs, and improving liquidity. The sale proceeds will primarily be used to repay the outstanding term loan of approximately ₹135 crore associated with the unit, with the balance to be deployed in core business operations. The company's net worth contribution from Unit 5 was 10.53% as of March 31, 2026.