Amalgamated Electricity Company Limited has announced the implementation of a trading restriction period for its shares in compliance with regulatory requirements. The company has formally notified BSE Limited regarding this mandatory restriction period related to its upcoming quarterly results.

Trading Restriction Details

The company has provided specific details regarding the trading restriction period implementation:

Regulatory Compliance Framework

The trading restriction is implemented under Clause 4 of Schedule B of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. This regulatory framework ensures that trading activities are restricted during periods when material information about the company's financial performance may be available to insiders but not yet disclosed to the public.

Corporate Communication

The formal intimation was signed by Gaurav Sakpal, Company Secretary (Membership No. 66090), on December 30, 2025. The company's registered office is located at G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103.

Market Impact

This announcement ensures transparency and regulatory compliance as the company prepares to declare its financial results for the quarter ended December 31, 2025. The restriction period will remain in effect until 48 hours after the official declaration of the unaudited financial results, allowing sufficient time for market participants to process the disclosed information.

Amalgamated Electricity Company Limited announced significant corporate restructuring decisions following its Board of Directors meeting held on December 23, 2025. The board approved key resolutions regarding the company's identity and operational base, marking important strategic changes for the organization.

Board Meeting Resolutions

The board meeting, which commenced at 03:10 p.m. IST and concluded at 05:45 p.m. IST, addressed two primary agenda items that will reshape the company's corporate structure.

Proposed Name Change

The board approved the change of the company's name, along with consequent alterations to relevant clauses of the Memorandum of Association and Articles of Association. This decision aligns with the provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015. The proposed name change remains subject to approval from the company's members through the requisite statutory process.

Corporate Office Relocation

In a significant operational move, the board approved relocating the corporate office from its current Mumbai location to Bengaluru. The transition involves moving from the present address at 8 Hamilton House, 2nd Floor, JN Heradia Marg, Ballard Estate, Mumbai 400001 to a new facility in Karnataka's technology hub.

Regulatory Compliance

The company has communicated these developments to BSE Limited in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30. The notification was signed by Gaurav Sakpal, Company Secretary and Compliance Officer, ensuring proper regulatory disclosure of material events.

The registered office of Amalgamated Electricity Company Limited remains at G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103, while the corporate office relocation represents a strategic operational shift to Bengaluru's business environment.

It's important to note that both the name change and corporate office relocation are subject to approval from the company's members, as per the board's decision on December 23, 2025.