Announced Mon, 8 Sept · 12:23 IST

Dear Sir/Madam, Please find enclosed herewith AGM Notice, Annual Report of True Green Bio Energy Limited for the F.Y. 2024-25. 21st AGM Scheduled to be held on 29.09.2025 at 3.30 p.m. Please ....

Related Party TransactionsBoard & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

True Green Bio Energy Ltd has filed its 21st AGM notice along with the Annual Report for FY 2024-25. The AGM is scheduled for 29th September 2025 at 3:30 PM via video conferencing. Shareholders will vote on adopting audited financials, re-appointing Mr. Rajan Shrivastava as a director, and approving the appointment of M/s. K. Jatin & Co. as Secretarial Auditor for five years (FY26–FY30) at Rs. 40,000 per annum. Key board changes include the exit of Mr. Murlimanohar Goyal and Company Secretary Mr. Jigar Shah, with Mr. Suresh Chatterji joining as Independent Director from August 1, 2025. The notice also seeks shareholder approval for related party transactions worth up to Rs. 550 crore for FY 2025-26 with Chiripal Polyfilm, Chiripal Industries, and Nandan Denims. Additionally, Independent Directors Ms. Pooja Shah and Mr. Chintan Patel are proposed for re-appointment for a second five-year term.

Likely market impact

The significant related party transaction limits (Rs. 550 crore total with promoter-group entities) and board reshuffle are the key items for shareholders to evaluate. Routine auditor appointment and director re-appointments are procedural and unlikely to move the stock materially.