Amalgamated Electricity Board to Consider Fundraise via Equity Issue

Amalgamated Electricity Company Ltd. has scheduled a Board of Directors meeting for June 22, 2026, at 10:00 am via video conference. The primary agenda is to consider and approve a proposal for raising funds. This fundraise could involve issuing equity shares, equity-linked, or convertible securities, including warrants, through a preferential issue or other permissible modes. The proposal is subject to approval from the company's members and other necessary statutory or regulatory bodies. The Board will also discuss convening an Extra-ordinary General Meeting (EGM) or initiating a postal ballot process to seek shareholder approval for the fund-raising plan. Additionally, the trading window for designated persons and their immediate relatives will remain closed until 48 hours after the outcome of this Board Meeting is declared, in compliance with insider trading regulations.