True Green Bio Energy Limited
North Star Opportunities entered True Green Bio Energy Limited by purchasing 3,76,979 shares, acquiring a 1.14% stake worth approximately ₹6.19 Cr.
A grain-based ethanol producer incorporated in 2003, True Green Bio Energy manufactures fuel-grade ethanol primarily from agricultural feedstock. The company operates in the renewable energy sector, converting grain into ethanol for use as a biofuel additive and industrial solvent. True Green's integrated operations focus on sustainable production of bio-ethanol, positioning itself as a key player in India's renewable energy landscape while serving domestic fuel and industrial markets across multiple regions.
North Star Opportunities Fund is a variable capital company that acts as an anchor and portfolio investor across Indian SME and listed equities spanning multiple sectors.