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Amalgamated Electricity Co. Ltd. Board/Management Information 2026
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Board/Management Information
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AMALGAMATED ELECTRICITY COMPANY LIMITED
Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103.
To
Bombay Stock Exchange
Department of Corporate Affairs
Floor No.25, Phiroze Jeejeebhoy Towers,
Dalal Street, MUMBAI-400 001
Telephone: 22721234
May 18, 2026
Dear Sirs,
Subject: OUTCOME OF BOARD MEETING OF AMALGAMATED ELECTRICITY COMPANY LIMITED HELD ON MAY 18, 2026
REFERENCE: REGULATION 30, SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015
Dear Sir(s),
This is to inform you that the Board of Directors of the Company at its Meeting held today, i.e. May 18, 2026, considered the following:
- To Re-Classify Apurva Investments Company Private Limited as a Promoter of the company instead of Promoter group
The Board considered and approved to re-classify Apurva Investments Company Private Limited as a Promoter of the company instead of Promoter group.
Apurva Investments Company Private Limited, CIN: U65923MH1982PTC026040, having its registered office at Innov8 R City, R City Offices, 4th Floor, North Wing, R City Mall, Lbs Marg, Ghatkopar West, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400086, holding 6,52,970 equity shares constituting approximately $23.52\%$ of the paid-up share capital of the Company thereby controlling the affairs of the Company, directly or indirectly, as a "Promoter" of the Company instead of "Promoter Group" with effect from the date the outgoing promoter/promoter group entities are reclassified into "Public.
The Board also noted that Apurva Investments Company Private Limited was historically classified as part of the Promoter Group of the Company in the various statutory filings and submissions of the Company under the Companies Act, 2013 and rules framed thereunder, rules, regulations and circulars of the Securities and Exchange Board of India, and/or the rules of the BSE Limited, considering the association of its earlier shareholders with the Company with the then existing
CIN: L31100MH1936PLC002497
Tel: +91 22 67476080
E-mail: [email protected]
Website: www.aecl.net.in
AMALGAMATED ELECTRICITY COMPANY LIMITED
Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103.
promoter/promoter group entities of the Company. However, on the request of all the other Promoters and Promoter Group, the Company has filed reclassification application to classify them classifying "Promoter" or "Promoter Group" to "Public" under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The Board noted the Letter dated 16th May 2026 received from Apurva Investments Company Private Limited confirming willingness to classify them from "Promoter Group" to "Promoter".
-
Approved the Appointment of Mr. Abhijit K.R. as the Whole-time Company Secretary of the Company.
-
Approved the Appointment of M/s Anushree Keshav & Associates Company secretaries represented by Ms. Anushree Keshav, Practising Company secretary as a Company Secretary consultant for the Company.
-
Approved the Appointment of M/S Sharvari Kulkarni And Associates, Practising Company Secretaries Represented by Ms. Sharvari Sham Kulkarni, Practising Company Secretary as the Secretarial Auditor of the Company
Kindly take the above details on record.
The Meeting of the Board of Directors held today commenced at 4.00 P.M. and concluded at 4.35 P.M.
Thanking you,
Yours faithfully,
for AMALGAMATED ELECTRICITY COMPANY LIMITED
Aradhana Kurup
Director(07957633)
CIN: L31100MH1936PLC002497
Tel: +91 22 67476080
E-mail: [email protected]
Website: www.aecl.net.in
AMALGAMATED ELECTRICITY COMPANY LIMITED
Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103.
Details under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2025 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated 13th July, 2023:
Sr. No: 2. Approved the Appointment of Mr. Abhijit K.R. as the Whole-time Company Secretary of the Company
| Sl No | Details of event that need to be provided | Information of such Events |
|---|---|---|
| 1 | reason for change viz. appointment, resignation, removal, death or otherwise; | Appointment of Mr. Abhijit K.R. as the Whole-time Company Secretary of the Company |
| 2 | date of appointment/cessation (as applicable) & term of appointment; | May 18, 2026 |
| 3 | Brief Profile (in case of appointment) | He is an Associate Member of the Institute of Company Secretaries of India. He is having 10 years of Experience as Company Secretary. |
| 4 | Disclosure of relationships between directors (in case of appointment of a director) | None |
Sr. No: 3. Approved the Appointment of M/s Anushree Keshav & Associates Company secretaries represented by Ms. Anushree Keshav, Practising Company secretary as a Company Secretary consultant for the Company.
| Sl No | Details of event that need to be provided | Information of such Events |
|---|---|---|
| 1 | reason for change viz. appointment, resignation, removal, death or otherwise; | Appointment of M/s Anushree Keshav & Associates Company secretaries represented by Ms. Anushree Keshav, Practising Company secretary as a Company Secretary consultant for the Company. |
CIN: L31100MH1936PLC002497
Tel: +91 22 67476080
E-mail: [email protected]
Website: www.aecl.net.in
AMALGAMATED ELECTRICITY COMPANY LIMITED
Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103.
| 2 | date of appointment/cessation (as applicable) & term of appointment; | May 18, 2026, |
|---|---|---|
| 3 | Brief Profile (in case of appointment) | She is an Associate Member of the Institute of Company Secretaries of India. She is having 16 years of Experience as Company Secretary. |
| 4 | Disclosure of relationships between directors (in case of appointment of a director) | None |
Sr. No: 4. Appointment of M/s Sharvari Kulkarni and Associates, Practicing Company Secretaries as Secretarial Auditors for conducting Secretarial Audit
| Sl No | Details of event that need to be provided | Information of such Events |
|---|---|---|
| 1 | reason for change viz. appointment, resignation, removal, death or otherwise; | Appointment of M/s Sharvari Kulkarni and Associates, Practicing Company Secretaries as Secretarial Auditors for conducting Secretarial Audit |
| 2 | date of appointment/cessation (as applicable) & term of appointment; | May 18, 2026, she has been appointed for conducting Secretarial Audit of the Company for financial year 2025-26. |
| 3 | Brief Profile (in case of appointment) | She is an Associate Member of the Institute of Company Secretaries of India. She processes 10 years of Experience as Company Secretary. |
| 4 | Disclosure of relationships between directors (in case of appointment of a director) | None |
CIN: L31100MH1936PLC002497
Tel: +91 22 67476080
E-mail: [email protected]
Website: www.aecl.net.in