Outcome of Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of True Green Bio Energy Ltd met on 29th May, 2025 and approved a new Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information (UPSI), replacing the earlier code as required under SEBI's Listing Regulations. The approval of the standalone audited financial results for the quarter and year ended 31st March, 2025 was deferred, with the Board stating that further discussion was needed. The Board meeting has been adjourned to 30th May, 2025 to consider and approve these results. The meeting ran from 5:00 p.m. to 7:15 p.m. Jigar Shah signed the filing as Company Secretary.
The deferral of the audited FY25 financial results is a potential red flag — investors should watch the adjourned meeting on 30th May, 2025 closely for any delays or revisions. The fair disclosure code update is a routine regulatory compliance matter and is unlikely to move the stock on its own.