Corporate News Details

TruAlt Bioenergy sells Muttalageri unit to Onkar Agro for Rs. 171 crore

(04-Aug-26   13:10)

TruAlt Bioenergy Limited announced that its board approved the sale of its undertaking located at Muttalageri Village, Badami Taluka, Karnataka, to Onkar Agro Sugars & Energy Private Limited, for Rs. 171,00,00,000, subject to definitive agreements and customary closing adjustments. The unit, referred to as "Unit 5," did not contribute any turnover or revenue during the financial year ended March 31, 2026, and its net worth represents 10.53% of TruAlt Bioenergy Limited’s total net worth as of March 31, 2026.