AMALGAMATED ELECTRICITY CO.LTD.

Amalgamated Electricity Company Ltd has submitted a revised outcome of its Board Meeting held on October 01, 2026. The revision corrects an inadvertent mention of Regulation 170(2) of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, related to a proposed preferential issue. The board also approved changes to the company's object clause, a preferential issue of up to 1,300,000,000 equity shares at ₹5 each for ₹650,000,000,000, the resignation of CFO Mr. Mangesh Narayan Shirodkar, and the draft notice for a postal ballot.

Amalgamated Electricity Company Ltd's Board of Directors met on October 01, 2026, approving a change to the company's object clause, which includes acquiring electricity licenses and undertakings from other companies and expanding power generation and distribution. The board also approved a preferential issuance of up to 130,00,00,000 equity shares at ₹5 each, aggregating up to ₹650,00,00,000 (₹650 Crore), to identified non-promoter investors. Additionally, the resignation of CFO Mr. Mangesh Narayan Shirodkar was accepted, and a postal ballot process was approved for October 31, 2026, with Ms. Anushree Keshav appointed as Scrutinizer.

Amalgamated Electricity Company Ltd announced a significant preferential allotment of up to 130,00,00,000 equity shares at ₹5 each, aggregating to ₹650,00,00,000 (₹650 Crore). This issuance is to identified non-promoter investors for cash. The company's board also approved alterations to its Memorandum of Association (MOA) to include new business objects, such as acquiring electricity licenses and undertakings from other entities and generating, distributing, and supplying electrical power. Additionally, the board approved the resignation of its CFO, Mr. Mangesh Narayan Shirodkar, and initiated a postal ballot process for member approval, with the e-voting closing on October 31, 2026.

Amalgamated Electricity Company Ltd announced the resignation of its Chief Financial Officer (CFO), Mr. Mangesh Shirodkar. The resignation was effective immediately upon receipt of the letter on September 30, 2026, after market hours. Mr. Shirodkar cited personal and professional reasons for his departure. The company has stated that it will complete necessary statutory filings and formalities. The resignation is in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Amalgamated Electricity Company Ltd has announced the closure of its trading window for promoters, directors, designated persons, and their immediate relatives. This restriction is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be closed from October 1, 2026, until 48 hours after the declaration of the un-audited financial results for the quarter ending September 30, 2026. Insiders are prohibited from trading in the company's securities during this period, with penal action for violations.

Amalgamated Electricity Company Ltd announced the closure of its trading window for promoters, directors, designated persons, their immediate relatives, and insiders. This closure is effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the un-audited financial results for the quarter ending September 30, 2026. The measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, to prevent insider trading. All specified individuals are prohibited from dealing in the company's shares during this period. The date for the board meeting to consider these results will be announced later.

Amalgamated Electricity Company Ltd announced the appointment of Ms. Aradhana Kurup as Managing Director for a five-year term, effective August 21, 2026. This appointment was approved by the Board on August 21, 2026, and subsequently by the Members at the 91st Annual General Meeting held on September 25, 2026. Ms. Kurup, an existing Director, will serve without remuneration. Additionally, M/s. Sharvari Kulkarni and Associates were re-appointed as Secretarial Auditors for a fresh five-year term commencing FY 2026-27. The filing details the qualifications of Ms. Kurup and the scope of services for the Secretarial Auditors.

Amalgamated Electricity Company Ltd has announced its 91st Annual General Meeting (AGM) will be held on Friday, September 25, 2026, at 03:00 PM. The meeting will be conducted through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The company has attached the notice of the AGM along with its Annual Report for the Financial Year 2025-2026, which includes details on corporate information, board of directors, key managerial personnel, auditors, bankers, committees, and financial statements.

Amalgamated Electricity Company Ltd has submitted its Annual Report for the Financial Year 2025-26, along with the Notice for its 91st Annual General Meeting (AGM). The AGM is scheduled for Friday, September 25, 2026, at 03:00 PM, to be conducted via Video Conferencing (VC)/ Other Audio Visual Means (OAVM). The annual report includes the Board's Report, Audited Standalone Financial Statements, and Auditor's Reports. The company has disseminated these documents electronically to all members whose email IDs are registered, in compliance with SEBI and Ministry of Corporate Affairs circulars.

Amalgamated Electricity Company Ltd announced that its Board of Directors, at a meeting held on August 29, 2026, approved the appointment of Vatsaraj & Co. (Firm Registration No: 111327W) as the new Statutory Auditors. This appointment is subject to member approval at the upcoming Annual General Meeting. The Board also approved a revised Notice of the AGM, which incorporates the agenda item for the auditor appointment without altering the meeting's date, time, or venue. Vatsaraj & Co. has expertise in various audit and consultancy services since 1997.