The Amalgamated Electricity Company Limited, originally established to generate and distribute electricity in Ajmer, Belgaum, and Malegaon, has pivoted to consultancy, management services, and trading in electrical and electronic equipment.;

CEO/MD

Mr. Satyen Milan Dalal

Founded in

1936

BSE symbol

501622

Shareholding pattern

Jun '25

Sep '25

Dec '25

Mar '26

Jun '26

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ScoutQuest • 5 days ago

Amalgamated Electricity to issue up to 130 crore equity shares at Rs 5 each, raising Rs 650 crore preferentially. The board approved expanding MOA into AI, IT, and healthcare, alongside accepting the CFO's resignation.

ScoutQuest • 2 weeks ago

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.

BSE • 3 weeks ago

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.

BSE • 1 month ago

Amalgamated Electricity Co. announces book closure from Sept 19 to Sept 25, 2026. Closure is for recordkeeping ahead of the 91st AGM as per SEBI Regulations.

BSE • 2 months ago

Amalgamated Electricity Co. schedules Board Meeting on 29 Aug 2026 to appoint Statutory Auditor. Revised AGM notice including auditor appointment to be approved in the meeting.

BSE • 2 months ago

Amalgamated Electricity Company schedules board meeting on 21 Aug 2026. Agenda includes draft board report, MD appointment, and revival plan approval.

BSE • 2 months ago

Amalgamated Electricity Co. board to meet on Aug 10, 2026, to approve Q1 FY26 results. Trading window closure effective July 1, 2026, till 48 hours post-results declaration.

ScoutQuest • 3 months ago

Amalgamated Electricity approved share capital hike from ₹2.25Cr to ₹2000Cr. Plans include AI, healthcare, EV focus; 130B equity shares issuance proposed.

ScoutQuest • 3 months ago

Amalgamated Electricity Company Ltd discusses preferential allotment and related matters.

BSE • 3 months ago

Amalgamated Electricity Co. schedules July 13, 2026 board meeting for equity fundraising via preferential issue. Appointments of Somesh Kapai and Jay Tillani as Additional Directors to be considered; trading window closed since July 1, 2026.

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