TruAlt Bioenergy Board Approves Q1 FY26 Results and Strategic 51% Acquisition of Trualt Gas Private Limited

TruAlt Bioenergy Limited's Board of Directors, at its meeting held on October 19, 2025, considered and approved the following: * The unaudited standalone and consolidated financial results of the Company for the quarter ended June 30, 2025. * The acquisition of 51% of the paid-up equity share capital of Trualt Gas Private Limited (TGPL) from Nirani Holdings Private Limited (NHPL), a promoter group company. This transaction is considered a related party transaction but is being done at Fair Market Value. * The acquisition involves 35,08,807 equity shares of ₹10 each, at a price of ₹24 per share, totaling a cash consideration of ₹8,42,11,371 (Eight Crore Forty Two Lakhs Eleven Thousand Three Hundred Seventy One Only). * TGPL, incorporated on September 06, 2024, operates in the Compressed Biogas (CBG) industry and has not yet commenced commercial operations. * The strategic rationale for this acquisition is to expand TruAlt Bioenergy's presence in the CBG sector, aligning with the Company’s long-term strategy to diversify into sustainable and renewable energy businesses. It aims to leverage emerging opportunities under the Government of India’s green fuel initiatives, facilitate a proposed joint venture with SUMITOMO Corporation, and enhance long-term revenue visibility. * The acquisition is expected to have a positive impact on the Company’s overall business operations and profitability in the medium to long term, contributing to its Environmental, Social, and Governance (ESG) objectives. * The completion of this acquisition is anticipated on or before November 30, 2025.