True Green Bio Energy Ltd

Intra-group promoter re-designation

• Board approved intra-group re-designation of promoter individuals to Promoter Group category.
• Total shares held by redesignating individuals: 47,36,449 (14.3715% of voting rights).
• No change in aggregate shareholding, voting rights, economic interest, or control.
• Re-designation is strictly intra-group; no reclassification to public shareholders.
• Classification remains under composite 'Promoter and Promoter Group' per SEBI LODR Regulation 31.
• Eligibility criteria for promoter group under Regulation 2(1)(pp) of ICDR 2018 satisfied.
• Intimation does not invoke Regulation 31A(2); no separate approval required.
• Revised shareholding pattern to be filed within Regulation 31 timelines.
• Board resolution date: 13 August 2026; signed by Director Jyotiprasad Devkinandan Chiripal.

CSR governance: committee formation and policy

• Board approved constitution of CSR Committee under Section 135 of the Companies Act, 2013.
• CSR Committee members: Suresh Chatterjee (Chair, Non-Executive Independent), Chintan Patel (Member, Non-Executive Independent).
• Jyotiprasad Chiripal named Member (Non-Independent, Non-Executive Director).
• New CSR Policy approved; effective 13 August 2026, superseding the previous policy.
• Policy aligns with Schedule VII and latest amendments; governance, monitoring, and implementation framework defined.
• Policy to be uploaded on company website; details to be included in Annual Report.

KMPs authorised for materiality determinations

• Mr. Jyotiprasad D. Chiripal – Non-Executive Non-Independent Director, Chairperson.
• Mr. Pradeep Mantri – Executive Director, Whole-time Director.
• Mr. Satish Ravishanker Bhatt – Chief Financial Officer.
• Mr. Shashank Paranjape – Chief Executive Officer.
• Mr. Raj Kumar Samriya – Finance Head.
• Ms. Siddhi Shah – Company Secretary & Compliance Officer.

Key updates

• Board approved standalone unaudited results for quarter ended 30 June 2026 with unmodified Limited Review.
• AGM scheduled for 29 September 2026 at 4:00 PM IST via VC/OAVM.
• Revised KMPs authorized for materiality disclosures: Chiripal, Mantri, Bhatt, Paranjape, Samriya, Shah.
• CSR Committee formed with chair Suresh Chatterjee and members Chintan Patel; Jyotiprasad Chiripal.
• New CSR Policy approved; effective 13.08.2026; supersedes previous CSR Policy.
• Intra-group redesignation of promoter individuals to Promoter Group; aggregate voting rights 14.3715%.
• There shall be no change in aggregate shareholding or control.
• Board meeting duration 5:00 PM to 6:30 PM.

Financial results

• Standalone unaudited results for quarter ended 30 June 2026 approved; Limited Review Report unmodified by J.T. Shah & Co.

AGM

• 22nd AGM to be held on 29 September 2026 at 4:00 PM IST via VC/OAVM.

Key managerial personnel

• Revised list of KMPs authorized for materiality determinations under SEBI LODR.

CSR Committee

• CSR Committee formed: Suresh Chatterjee (Chair), Chintan Patel (Member), Jyotiprasad Chiripal (Member).

CSR Policy

• New CSR Policy approved; effective 13.08.2026; supersedes earlier policy and to be on website.

Promoter re-designation

• Inter-se re-designation of promoter individuals to promoter group approved; no change in aggregate holdings or control.
• Promoters' names and shares listed; aggregate promoter/promoter group stake remains 14.3715%.
• Re-designation does not classify the individuals as public shareholders; timelines for shareholding pattern update.
• Implementation to be reflected in ensuing quarter shareholding pattern.

Dematerialisation status

• Dematerialisation requests were processed; securities were confirmed to depositories (accepted/rejected) for quarter ended 30 June 2026.
• Securities dematerialised were listed on the stock exchanges where previously listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name updated as registered owner within prescribed timelines.

Regulatory action against promoters

• SEBI final order dated 30 June 2026 against promoters Savitridevi Chiripal and Vedprakash Chiripal.
• Imposes Rs 5 lakh penalty each and four-year ban from market participation.
• Order received on 01 July 2026; promoters may appeal to SAT and Supreme Court.
• Company believes there is no material financial or operational impact.

Appointment of Independent Director

• Appointment of Ms. Trusha Shah as Additional Director (Non-Executive Independent).
• Effective 30 June 2026; five-year term, subject to shareholder approval.
• Recommended by Board Nomination and Remuneration Committee.
• Qualified Company Secretary; Associate Member of ICSI; M.Com; LL.B.
• Experience in governance and regulatory compliance.
• Not related to any director of the company.
• Not debarred from capital markets or holding listed-director position.
• Independent Director appointment subject to shareholders' approval.

Appointment of Independent Director

• Appointment of Ms. Trusha Shah as Independent Director, effective 30 Jun 2026 for five years, subject to approval.
• Profile: CS; Associate Member of ICSI; M.Com; LL.B.