Amalgamated Electricity approves Vatsaraj & Co as statutory auditor

1 min read | Published on 26 Aug 2026, 08:11 PM |Updated on 29 Aug 2026, 05:03 PM

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Suketu GScanX News Team

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Key Highlights

Amalgamated Electricity appointed Vatsaraj & Co. as statutory auditor
Appointment approved by Board on August 29, 2026
Decision based on Audit Committee recommendation
Revised AGM notice issued to include auditor appointment
Final approval required from members at AGM

*this image is generated using AI for illustrative purposes only.

Amalgamated Electricity Company Limited approved the appointment of Vatsaraj & Co. as its statutory auditor during its Board of Directors meeting held on August 29, 2026. The decision was made pursuant to Section 139(8) of the Companies Act, 2013, based on the recommendation of the Audit Committee.

The appointment is subject to the final approval of the company’s members at the forthcoming Annual General Meeting (AGM). The Board also approved the revised notice for the ensuing AGM, which incorporates the auditor appointment as an agenda item. There were no changes to the date, time, or venue of the AGM.

Meeting Details

The Board meeting commenced at 4:15 pm and concluded at 4:30 pm. The company intends to make necessary disclosures to the stock exchange in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2025.

Auditor Profile

Vatsaraj & Co., holding Firm Registration No. 111327W, has been active since 1997. The firm specializes in Income Tax practice, Indirect Taxation, and Business Advisory & Consultancy. Its expertise includes statutory audits for listed and unlisted entities, government organizations, and non-corporates, as well as internal audits, management audits, and compliance filings.

Particulars	Details
Name of Auditor	Vatsaraj & Co.
Firm Registration No.	111327W
Date of Appointment	August 29, 2026
Status	Approved by Board; subject to member approval

What specific audit focus areas or compliance risks has the Audit Committee highlighted in their recommendation for appointing Vatsaraj & Co.?

How might this auditor appointment signal any upcoming changes in Amalgamated Electricity Company's financial reporting standards or internal control frameworks?

Are there any potential conflicts of interest or prior engagements between Vatsaraj & Co. and Amalgamated Electricity Company that shareholders should be aware of before the AGM?

Amalgamated Electricity approves revival plan, appoints Aradhana Kurup as MD

0 min read | Published on 21 Aug 2026, 02:50 PM |Updated on 21 Aug 2026, 02:50 PM

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Naman SScanX News Team

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Key Highlights

Amalgamated Electricity approved a revival and restructuring plan on August 21, 2026
Aradhana Kurup appointed as MD for five years pending shareholder approval
Board authorized loans and guarantees up to ₹700 crore under Section 186
91st AGM scheduled for September 25, 2026 via video conferencing

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Amalgamated Electricity Company Limited approved a revival and restructuring plan on August 21, 2026. The board also appointed Aradhana Kurup as managing director for a five-year term.

The board authorized loans and guarantees up to ₹700 crore under Section 186 of the Companies Act, 2013. This limit is subject to further regulatory approvals.

Governance Updates

The company fixed its 91st Annual General Meeting for September 25, 2026. The meeting will be conducted via video conferencing or other audio-visual means. Ms. Anushree Keshav was appointed as the scrutinizer for the e-voting process.

Leadership Appointment

Aradhana Kurup, an existing director, was appointed as managing director. Her appointment requires shareholder approval. She brings over 27 years of experience in technology consulting and digital transformation.