The Board of Directors of Amalgamated Electricity Company Limited has approved the appointment of Vatsaraj & Co. as the company’s new Statutory Auditors. This decision, made based on the recommendation of the Audit Committee, is subject to member approval at the upcoming Annual General Meeting. The Board also approved a revised Notice of the Annual General Meeting reflecting this agenda item. The meeting concluded swiftly, underscoring efficient governance processes.
Board Approves Statutory Auditor Appointment
The Board of Directors of Amalgamated Electricity Company Limited met on August 29, 2026, and has approved the appointment of Vatsaraj & Co. as the company’s Statutory Auditors. This appointment is contingent upon the approval of the company’s members during the forthcoming Annual General Meeting. The decision aligns with recommendations from the company’s Audit Committee.
Revised AGM Notice Approved
In addition to the auditor appointment, the Board also reviewed and approved a revised Notice for the upcoming Annual General Meeting. This updated notice specifically incorporates the agenda item concerning the appointment of the Statutory Auditor. Importantly, the date, time, and venue of the Annual General Meeting remain unchanged.
Meeting Details
The Board meeting commenced at 4:15 P.M. and concluded at 4:30 P.M. on August 29, 2026. Further details as required by listing regulations are provided in ‘Annexure A’.
Source: BSE
