TruAlt Bioenergy Limited has informed the Exchange regarding a press release dated March 19, 2026, titled "GAIL infuses ₹130 Million in TruAlt Bioenergy s Subsidiary Leafiniti, strengtheningstrategic partnership in India s CBG Sector".
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GAIL (India) Limited is investing ₹13.54 crore (₹130 million) in TruAlt Bioenergy's wholly-owned subsidiary Leafiniti Bioenergy Private Limited to acquire a 49% equity stake, while TruAlt retains 51%. The deal is part of a Share Subscription-cum-Shareholders' Agreement signed on August 11, 2025. The joint venture will build six greenfield Compressed Biogas (CBG) plants in Karnataka, Maharashtra, and Odisha in its first phase, each with 12 tonnes per day capacity, for a combined annual CBG output of 23,976 tonnes. The project is expected to create 820–1,225 jobs and produce 97,902 tonnes of Fermented Organic Manure and 4.7 lakh tonnes of Liquid Fermented Organic Manure annually, while displacing 19,800 tonnes of fossil fuels per year.
Positive for shareholders — validation by a major public-sector energy giant (GAIL) lends credibility and provides growth capital for CBG expansion, though the ₹13.54 crore size is relatively small relative to TruAlt's overall scale. The partnership strengthens TruAlt's positioning in India's clean energy transition and could support long-term revenue diversification.