True Green Bio Energy's promoter group, Mrs. Savitridevi V Chiripal and Mr. Vedprakash Devkinandan Chiripal, have received a final order from SEBI.

The order imposes a monetary penalty of 0.05 Cr on each promoter and restricts them from accessing the securities market or dealing in securities for 4 years due to violations.

While this directly impacts the promoters, the company assesses the order will not have any material financial or operational impact on its business.

The promoters also reserve their right to appeal the decision.