Amalgamated Electricity Company Ltd — Important, 22-06-2026: Company Update

Amalgamated Electricity Company's Board meeting saw key strategic decisions postponed. The Board deferred its approval of the Revival Business Plan, requesting further inputs from management. Additionally, the proposal for a preferential allotment of equity shares was also put off, with no approval granted in this meeting. Other agenda items like increasing authorized share capital, amending the Memorandum and Articles of Association, changing the registered office, and approving a postal ballot were also deferred. This means delays in crucial strategic and fundraising initiatives for the company.