The Amalgamated Electricity Company Limited has scheduled a board meeting on May 30, 2026, to consider and approve the audited standalone financial results for the quarter and year ended March 31, 2026. The meeting will be held at 03.00 p.m. and will also deliberate on the appointment of internal auditors for FY 2026-27.

The board's agenda includes the approval of the audited standalone financial results for the period ending March 31, 2026. Additionally, the directors will consider the appointment of internal auditors for the upcoming financial year. Any other business with the permission of the chair may also be taken up during the meeting.

In accordance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct, the trading window for dealing in the company's shares has been closed since April 1, 2026. This restriction will remain in effect until 48 hours after the declaration of the financial results, inclusive of both days.

The meeting intimation was made pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was signed by Director Aradhana Kurup on May 26, 2026, from Bengaluru.

Key Meeting Details

Amalgamated Electricity Company Limited convened a Board of Directors meeting on May 18, 2026, at its registered office in Mumbai. The meeting commenced at 4.00 P.M. and concluded at 4.35 P.M., during which the board approved a series of key corporate governance decisions, including multiple appointments and a significant promoter reclassification, all disclosed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Appointments Approved by the Board

The board approved three distinct appointments at the meeting, strengthening the company's secretarial and compliance framework. The following table summarises the appointments made:

Whole-time Company Secretary

Mr. Abhijit K.R. has been appointed as the Whole-time Company Secretary of the company effective May 18, 2026. He is an Associate Member of the Institute of Company Secretaries of India and brings 10 years of experience as a Company Secretary. No relationships between directors were disclosed in connection with this appointment.

Company Secretary Consultant

M/s Anushree Keshav & Associates, represented by Ms. Anushree Keshav, a Practising Company Secretary, has been appointed as Company Secretary consultant effective May 18, 2026. Ms. Keshav is an Associate Member of the Institute of Company Secretaries of India with 16 years of experience as a Company Secretary. No relationships between directors were disclosed in connection with this appointment.

Secretarial Auditor

M/s Sharvari Kulkarni and Associates, Practising Company Secretaries, represented by Ms. Sharvari Sham Kulkarni, has been appointed as Secretarial Auditor for conducting the Secretarial Audit of the company for financial year 2025-26, effective May 18, 2026. Ms. Kulkarni is an Associate Member of the Institute of Company Secretaries of India with 10 years of experience as a Company Secretary. No relationships between directors were disclosed in connection with this appointment.

Promoter Reclassification of Apurva Investments Company Private Limited

The board also approved the reclassification of Apurva Investments Company Private Limited (CIN: U65923MH1982PTC026040) from "Promoter Group" to "Promoter" of the company. The key details of this reclassification are as follows:

Apurva Investments Company Private Limited had historically been classified as part of the Promoter Group in various statutory filings under the Companies Act, 2013 and SEBI regulations, owing to the association of its earlier shareholders with the then-existing promoter/promoter group entities of the company. On the request of all other Promoters and Promoter Group, the company filed a reclassification application under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to reclassify certain entities from "Promoter" or "Promoter Group" to "Public." The board noted a letter dated May 16, 2026, received from Apurva Investments Company Private Limited confirming its willingness to be reclassified from "Promoter Group" to "Promoter."

Board Meeting Details

The disclosures were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023. The outcome was communicated to the Bombay Stock Exchange by Aradhana Kurup, Director, on behalf of Amalgamated Electricity Company Limited.