Amalgamated Electricity Approves Board Report, MD Appointment, ₹700 Cr Loans

Amalgamated Electricity Company Ltd's Board of Directors met on August 21, 2026, approving the Board's Report for FY26 and setting the 91st Annual General Meeting for September 25, 2026, to be held via VC/OAVM. Key decisions include the appointment of Ms. Aradhana Kurup as Managing Director for 5 years, subject to member approval. The board also approved a proposal for loans/investments/guarantees up to ₹700 Crores and authorized the implementation of a Revival/Restructuring Plan, including the execution of definitive agreements. Ms. Anushree Keshav was appointed as the Scrutinizer for the AGM.