TruAlt Bioenergy to sell Unit 5 for Rs 171 crore via slump sale
TRUALT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.1 pts less than Nifty Microcap 250 and 0.9 pts less than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
TruAlt Bioenergy board approved selling Unit 5 in Karnataka to Onkar Agro Sugars and Energy for Rs 171 crore as a going concern slump sale. The unit contributes 0 percent to revenue and is non-core. It carries a Rs 135 crore IREDA loan. Sale proceeds will mainly repay this debt, improving liquidity and balance sheet. Buyer is not a related party. Expected completion by November 4, 2026.
Debt reduction via Rs 135 crore IREDA loan repayment improves liquidity and balance sheet. Net worth impact around 10.5%.