Announced Thu, 24 Sept, 2026 · 16:27 IST
Promoter Group Pledges 14 Lakh TruAlt Bioenergy Shares to Jio Credit
TRUALT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+6.5%1-day move
₹430.00
prior close
₹429.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.9-1.0-0.2-0.8+6.5+6.5+9.9+3.4+3.2+4.3————
Up moveDown movePending
AI summary
Nirani Holdings Private Limited (promoter group of TruAlt Bioenergy) has pledged all 14,00,000 equity shares (1.63% of total capital) it holds with Jio Credit Limited on Sept 22, 2026. The pledge, worth about Rs 58.10 crore, secures a loan taken by promoters Vijaykumar Nirani and Vishal Nirani to fund further purchase of TruAlt shares and increase their stake.
Likely market impact
Promoters using full holding as collateral to buy more shares shows confidence but raises pledge and leverage risk for retail investors.