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Latest Amalgamated Elec stock news and related company updates.
08 Sep 2026 – 07 Oct 2026 · Times in IST
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Amalgamated Electricity Company's board approved issuing up to 130,00,00,000 equity shares of Rs. 5 each at par, aggregating up to Rs. 650,00,00,000, to identified non-promoter investors on a preferential basis. The board approved altering its MOA objects to expand into AI, IT support, healthcare, vehicle distribution, EVs, and media, while also accepting the resignation of CFO Mangesh Narayan Shirodkar. Source: ScoutQuest
Amalgamated Electricity Co. Ltd held its 91st AGM on Sep 25, 2026, via video conferencing, chaired by Independent Director Ashith Nagindas Kampani. Key resolutions included financial statement adoption, director reappointments, statutory auditor appointments, and investment approvals up to ₹700 crore. Source: BSE
