Amalgamated electricity Company Limited has announced a trading restriction period for its shares in compliance with SEBI insider trading regulations. The company informed BSE Limited about the upcoming restriction through an official communication dated March 27, 2026.

Trading Restriction Details

The company has outlined specific parameters for the trading restriction period as mandated by regulatory requirements.

Regulatory Compliance

The trading restriction has been implemented in accordance with Clause 4 of Schedule B of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. This regulation requires companies to restrict trading in their shares during sensitive periods when material information is being processed or is about to be disclosed.

Company Communication

The official intimation was signed by Gaurav Sakpal, Company Secretary, and submitted to BSE Limited for information and records. The communication ensures transparency and adherence to regulatory requirements for listed companies.

Company Information

The Amalgamated Electricity Company Limited operates from its registered office located at G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. The company maintains regular communication with stock exchanges to ensure compliance with all applicable regulations and keeps stakeholders informed about important corporate developments.

Amalgamated Electricity Company Limited announced significant board and management changes following its Board meeting held on March 05, 2026. The meeting, conducted through video conferencing at 3:45 pm, addressed key personnel appointments and resignations that will shape the company's leadership structure.

Board Appointments and Resignations

The Board approved several important changes to its composition and management team during the meeting.

New Director Profile

Ms. Aradhana Kurup brings extensive experience to the Board with over 27 years across banking, retail, and technology services. She serves as Founder & CTO of Astrovanta Solutions LLP, an AI-led technology company delivering digital products and platform-driven solutions. Her professional background includes senior leadership roles at prominent organizations:

• Lowes India
• Mast Global (L Brands)
• Wells Fargo
• Capgemini
• Polaris Financial Technology
• ANZ

Ms. Kurup holds a Master's Diploma in Software Engineering, BA (Hons.) from Delhi University, and certifications in Six Sigma Green Belt and Oracle technologies. She has also completed the Leadership Immersion Program at IIM Bangalore.

Outgoing Personnel Details

Mrs. Puja Dalal, who resigned from her Additional Director position, currently holds directorships in multiple companies including Stanford Securities Private Limited, Comforts Viaggi Private Limited, First Overseas Capital Limited, and Western Fund Private Limited.

Mr. Gaurav Sakpal submitted his resignation letter on March 04, 2026, citing personal reasons for his departure from the Company Secretary & Compliance Officer role. He will remain with the company until April 15, 2026, to ensure a smooth transition of responsibilities.

Meeting Details and Compliance

The Board meeting commenced at 3:45 pm and concluded at 4:35 pm on March 05, 2026. All changes were approved in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that no material reasons exist for the resignations beyond those stated in the official announcements.

These leadership changes represent part of the company's ongoing organizational development as it continues its operations in the electrical equipment sector.