Amalgamated Electricity Board Meeting Confirms Independent Director Resignation
Amalgamated Electricity Company Limited held a board meeting on January 14, 2026, to formally acknowledge the resignation of Independent Director Ms. Aradhana Kurup, which became effective on January 13, 2026. The board expressed deep appreciation for her invaluable contributions during her tenure and noted that her departure was due to professional commitments.
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Amalgamated Electricity Company Limited has formally acknowledged the resignation of Ms. Aradhana Kurup from her position as Independent Director through a board meeting held on January 14, 2026. The company informed the Bombay Stock Exchange about both the resignation and the board meeting outcome under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Director Resignation Details
Ms. Aradhana Kurup, holding Director Identification Number 07957633, served as an Independent Director and Woman Director on the company's board. Her resignation became effective at the closure of business hours on January 13, 2026, marking the end of her tenure with the Mumbai-based electrical company.
| Particulars: | Details |
|---|---|
| Director Name: | Ms. Aradhana Kurup |
| DIN: | 07957633 |
| Position: | Independent Director (Woman Director) |
| Cessation Date: | January 13, 2026 |
| Reason: | Professional Commitments |
| Other Directorships: | NIL |
Board Meeting Outcome
The Board of Directors convened on January 14, 2026, from 03:10 p.m. to 04:10 p.m. (IST) to formally address Ms. Kurup's resignation. During the meeting, the board noted her resignation as Independent Director with effect from the closure of business hours on January 13, 2026, citing professional commitments as the reason for her departure.
| Meeting Details: | Information |
|---|---|
| Meeting Date: | January 14, 2026 |
| Start Time: | 03:10 p.m. (IST) |
| End Time: | 04:10 p.m. (IST) |
| Primary Agenda: | Acknowledgment of Director Resignation |
| Effective Date: | January 13, 2026 |
Resignation Letter Highlights
In her formal resignation letter dated January 13, 2026, Ms. Kurup cited personal and professional commitments as the primary reason for stepping down from her directorial role. She expressed appreciation for the opportunity to serve on the board, describing her tenure as a "pleasant and valuable learning experience."
Ms. Kurup acknowledged the cooperation and professionalism extended to her during her service period. Notably, she indicated her willingness to collaborate with the company in the future, stating she would be "open to working with the Company in the future in a more suitable capacity" where she could contribute greater value to the organization.
Board Appreciation and Regulatory Compliance
The Board of Directors and Management formally placed on record their deep appreciation for the invaluable contributions rendered by Ms. Aradhana Kurup during her tenure as Independent Director. The company has fulfilled its disclosure obligations by providing detailed information pursuant to Regulation 30 of the SEBI Listing Regulations.
Company Secretary Gaurav Sakpal signed the official communication to the stock exchange, ensuring compliance with all necessary regulatory requirements. The company has committed to filing all necessary forms and compliances as required under the Companies Act, 2013 and other relevant regulations. This board change represents a routine corporate governance matter handled in accordance with established regulatory frameworks.
Historical Stock Returns for Amalgamated Electricity
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -4.86% | -14.93% | -19.18% | +1.80% | +137.02% |
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