Biofuel producer TruAlt Bioenergy files DRHP for IPO

Biofuel producer TruAlt Bioenergy files DRHP for IPO

Bengaluru-based TruAlt Bioenergy Limited, one of India’s leading biofuel producers, and one of the first producers of CBG under the Sustainable Alternative Towards Affordable Transportation (SATAT) scheme has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise capital through an Initial Public Offering (IPO).
The IPO, with a face value of Rs. 10 each, is a mix of fresh issuance of Rs 750 crore and an offer for sale of up to 36 lakhs…
Read More…

Source: https://www.indianchemicalnews.com/general/biofuel-producer-trualt-bioenergy-files-drhp-for-ipo-22930