Amalgamated Electricity Company Ltd — Important, 18-05-2026: Company Update

The board of Amalgamated Electricity Company, in its recent meeting, approved the reclassification of Apurva Investments Company Private Limited as a Promoter, moving it from the Promoter Group. Apurva Investments holds 6,52,970 equity shares, representing 23.52% of the company's paid-up capital, significantly influencing its affairs. This change clarifies its controlling status. Further, the board appointed Mr. Abhijit K.R. as the Whole-time Company Secretary, alongside M/s Anushree Keshav & Associates as a Company Secretary consultant and M/S Sharvari Kulkarni And Associates as the Secretarial Auditor for the financial year 2025-26. These appointments strengthen the company's governance and compliance framework.