True Green Bio Energy Appoints Ms. Trusha Shah as Non-Executive Independent Director
The Board of Directors of True Green Bio Energy Ltd., formerly CIL Nova Petrochemicals Ltd., has approved the appointment of Ms. Trusha Shah as an Additional Director designated as a Non-Executive Independent Director. The appointment is effective from June 30, 2026, for a term of five years and is subject to shareholder approval.The decision was made following the recommendation of the Board Nomination and Remuneration Committee. Ms. Trusha Shah (DIN: 11782870) joins the company's board and brings extensive experience in corporate governance and regulatory adherence.
Director Profile and Appointment Details
Ms. Shah holds a strong professional background, including qualifications as a Qualified Company Secretary and an Associate Member of ICSI. She holds M.Com from H.A. College of Commerce and LL.B from I.M. Nanavati Law College. Her experience spans both listed and unlisted companies, positioning her with expertise in corporate law compliance and board-level strategy.
Key details regarding the appointment are summarized below:
| Requirement | Details |
|---|---|
| Designation | Additional Director (Non-Executive Independent) |
| Effective Date | June 30, 2026 |
| Term of Appointment | Five years |
| Relationship Status | Ms. Shah is not related to any current Directors of the Company. |
Furthermore, it has been confirmed that Ms. Trusha Shah is not debarred from accessing capital markets or restricted from holding a Director position in any listed company by virtue of any order of the Securities and Exchange Board of India or any other such authority.
Stock Price Movement
As of 10:14, shares in True Green Bio Energy Ltd are ticking down slightly, currently trading at ₹190.00 following a 1.09% drop. The stock is presently locked and trading completely flat, with its intraday high and low both recorded at ₹190.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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