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Amalgamated Electricity Company LtdImportant, 30-05-2026: Company Update

30-05-2026 | 04:36 pm

The Amalgamated Electricity Company Limited's board has approved the financial results for the quarter and financial year ended March 31, 2026. M/s. Vatsaraj & Co., Statutory Auditors, issued an unmodified opinion. The board also appointed NKSB & Associates as Internal Auditors for the financial year 2026-27. Auditors highlighted a material uncertainty regarding the company's 'going concern' ability, as total liabilities exceeded assets by Rs 0.73 Cr, with continuation dependent on future operations and financial support; however, their opinion remained unmodified.

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