TruAlt Bioenergy Limited was originally incorporated as 'TruAlt Energy Limited' as a Public Company, on March 31, 2021, by the Registrar of Companies, Karnataka at Bangalore. The Company's name was subsequently changed to 'TruAlt Bioenergy Limited' w.e.f. July 1, 2022.
The Company is a prominent and diversified player in the Indian biofuels industry, mainly engaged in production of Ethanol. It produce extra neutral alcohol and sell dry ice and liquid carbon-dioxide, being by-products of their production processes. The Company hold the distinction of being the largest Ethanol producer in India based on installed capacity, with an aggregate production capacity of 1,800 kilo litres per day (KLPD), as of March 31, 2025.
While most of the Promoters associated with entities engaged in ethanol production in the past through erstwhile group companies, MRN Cane Power India Limited, Nirani Sugars Limited and Shri Sai Priya Sugars Limited which got merged with MRN Chamundi Canepower and Biorefineries Limited via Scheme of Amalgamation, the Company only commenced the primary business of ethanol production pursuant to business transfer agreements dated September 26, 2022 effective from October 1, 2022 with each of the Seller Companies, who hived off their respective distillery business and co-generation facilities to them. Consequently, the Promoters acquired the business of manufacture, production and ancillary activities, including sale and distribution of distillery products, fro ...m the Seller Companies with effect from October 1, 2022.
The installed ethanol production capacity of TBL Unit 2 was increased from 240 KLPD to 500 KLPD in 2022 and that of TBL Unit 1 increased from 150 KLPD to 700 KLPD in 2023. The Company further acquired majority shareholding in the subsidiary, Leafiniti Bioenergy Private Limited, and it became the wholly owned subsidiary of the Company in 2023-24.
In order to further explore strategic partnerships, Company has entered into a memorandum of understanding (MOU) dated November 18, 2024 with a globally recognized Japanese trading and investment company and a Japanese gas company to establish a joint venture for setting up multiple CBG plants starting from three to five CBG plants in different parts of India. Additionally, it has also signed MOU dated October 25, 2024 with Sumitomo Corporation Asia & Oceania Pte. Ltd. for potential collaboration in the bioenergy sector, for initiating 4 CBG plants (three in Karnataka and one in Maharashtra), in ethanol and sustainable aviation fuel.
The Company launched the initial public offering of 1,69,20,967 equity shares of face value of Rs 10 by raising funds aggregating to Rs 839.28 Cr, comprising a fresh issue of 1,51,20,967 equity shares amounting to Rs 750 Cr and the offer for sale of 18,00,000 equity shares amounting to Rs 89.28 Cr in September, 2025.
FAQs on TruAlt Bioenergy Ltd
1. Can I buy TruAlt Bioenergy Ltd from PL Capital? ›
Yes, you can invest in TruAlt Bioenergy Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track TruAlt Bioenergy Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade TruAlt Bioenergy Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does TruAlt Bioenergy Ltd pay dividends? ›
TruAlt Bioenergy Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of TruAlt Bioenergy Ltd ? ›
As of
30-Jan-2026 , 15:48:02 the share price for TruAlt Bioenergy Ltd. is ₹ 381.85 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of TruAlt Bioenergy Ltd ? ›
The 52-week high and low of TruAlt Bioenergy Ltd share price is ₹ 310.2 - ₹ 549 as of
30-Jan-2026 , 15:48:02 .
