Amalgamated Electricity Company Limited has issued a clarification regarding an inadvertent error in its Un-Audited Standalone Financial Results for the quarter and half-year ended September 30, 2026. The designation of Aradhana Kurup was mistakenly listed as ‘Independent Director’ instead of the correct ‘Managing Director’ in the Balance Sheet. The company has provided corrected financial statements and related documents.
Financial Statement Correction Issued
Amalgamated Electricity Company Limited has addressed an error discovered in its recently submitted financial reporting. In the Balance Sheet as of September 30, 2026, the designation for Aradhana Kurup (DIN: 07957633) was erroneously stated as ‘Independent Director’. The company clarified that her correct designation is ‘Managing Director’.
Corrected Documentation Provided
The company has rectified this oversight and is re-issuing the corrected Balance Sheet. Along with the updated Balance Sheet, Amalgamated Electricity Company Limited has also provided the Outcome of the Board Meeting, the Limited Review Report from the Statutory Auditors, the Un-Audited Standalone Financial Results, and the Cash Flow Statement for the period ended September 30, 2026. The company has expressed regret for this inadvertent error and has requested that these corrections be taken on record.
Source: BSE
