Amalgamated Electricity Company Ltd — Important, 23-01-2026: Company Update

Amalgamated Electricity Company clarified the resignation of Ms. Aradhana Kurup, an Independent Director. Her departure from the board was attributed to personal reasons and professional commitments. The company emphasized that there are no additional material reasons for her resignation beyond those already communicated. This transparency ensures investors understand the context of board changes, confirming the reasons for a key independent director's departure and maintaining confidence in governance.