Amalgamated Electricity Board Approves MD Appointment, ₹700 Cr Loans

Amalgamated Electricity Company Ltd's Board of Directors met on August 21, 2026, approving key decisions including the Board's Report for FY26, and fixing the 91st Annual General Meeting for September 25, 2026, via Video Conferencing. A significant development was the approval of Ms. Aradhana Kurup's appointment as Managing Director, subject to member and regulatory approvals. The board also sanctioned a proposal for loans/investments/guarantees up to ₹700 Crores and approved a Revival/Restructuring Plan, authorizing designated officers to execute definitive agreements. Ms. Anushree Keshav was appointed as Scrutinizer for the AGM.