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.

Amalgamated Electricity Company Limited has announced the publication of its unaudited financial results for the quarter ended December 31, 2025. The company fulfilled its regulatory disclosure obligations by publishing these results in leading newspapers as required under SEBI regulations.

Board Approval and Publication Details

The Board of Directors of Amalgamated Electricity Company Limited convened on February 13, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2025. The meeting resulted in the formal approval of these quarterly financial statements.

Regulatory Compliance and Publication

In accordance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published its financial results in two prominent newspapers. The publication ensures transparency and accessibility of financial information to stakeholders and the general public.

The results were published in:

• The Free Press Journal (English language publication)
• Navshakti (Marathi language publication)

Company Information

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 its commitment to regulatory compliance and transparent financial reporting.

The company secretary Gaurav Sakpal signed the compliance notification, confirming that all regulatory requirements have been met for the quarterly financial disclosure. This announcement demonstrates the company's adherence to corporate governance standards and its commitment to keeping stakeholders informed about its financial performance.