Amalgamated Electricity Company Ltd — Important, 09-07-2026: Company Update

Amalgamated Electricity Company announced the resignation of Mr. Krishnaprasad Ramanathan, an Independent Director, citing personal reasons. He has stepped down from the Board and all its committees. The company submitted a revised disclosure confirming he holds no other listed directorships and that there are no material reasons for his departure beyond those stated. The outgoing director wished the company well with its "revival plan," which might suggest ongoing efforts to improve business performance. This change in directorship is a key governance update for investors.