Amalgamated Electricity Board Meeting July 13 to Discuss Fund Raising

Amalgamated Electricity Company Ltd has announced a Board of Directors meeting scheduled for July 13, 2026, to be held via video conference. The primary agenda items include considering and approving a proposal for raising funds through the issuance of equity shares, equity-linked securities, or convertible instruments via preferential issue or other permissible modes. The company will also discuss the appointment of Somesh Yag Ratanchand Kapai and Jay Nareshbhai Tillani as Additional Directors. Furthermore, the board will consider convening an extraordinary general meeting or postal ballot to seek shareholder approval for the fund-raising proposal. The trading window for designated persons has been closed since July 1, 2026.