Amalgamated Electricity Company Ltd — Important, 10-04-2026: Company Update

Amalgamated Electricity Company's Board has approved the reclassification of several individuals and entities from the Promoter/Promoter Group to the Public category. These include Mrs. Veena Dalal, Mr. Satyen Dalal, Mr. Milan Dalal, and four promoter group entities. Collectively, they hold approximately 0.12% of the company's shares. This reclassification is contingent on approval from BSE Limited. This move reflects a minor shift in the ownership structure, increasing the public float as these shareholders no longer act as promoters or hold significant control.