Amalgamated Electricity Company Ltd — Important, 10-10-2025: Company Update

The Amalgamated Electricity Company has announced significant changes to its Board of Directors. The Board noted the resignations of Mr. Satyen Dalal, the Whole-Time Director, and Mr. Milan Dalal, a Non-Executive Director, both citing other professional commitments. Following these changes and the induction of new directors, the company has approved a revised composition for its key committees. This includes updates to the Audit Committee, Nomination, Remuneration and Compensation Committee, and Stakeholders Relationship Committee, ensuring continued governance and oversight for shareholders.