cessation of Murli Manohar Goyal (DIN: 02329431) as non executive independent director for second term.
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Awaiting price reaction for this filing.
True Green Bio Energy Ltd has informed the stock exchange that Mr. Murli Manohar Goyal (DIN: 02329431) ceased to be a Non-Executive Independent Director with effect from August 1, 2025, after completing his second consecutive five-year term which ended on July 31, 2025. The company stated that the Board and Management appreciated his contributions during his tenure. The disclosure has been made under SEBI Listing Regulations, and standard details (brief profile, relationships, etc.) are marked as 'Not Applicable' since this is a cessation and not an appointment. The filing is signed by Director Jyotiprasad Devkinandan Chiripal from Ahmedabad.
This is a routine governance event triggered by the completion of the statutory maximum tenure permitted for an independent director under SEBI rules, and is unlikely to have any material impact on the company's operations or stock price. Shareholders may want to watch for the appointment of a replacement independent director in due course to ensure the board maintains the required composition.