Proceedings of AGM

THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. Tel: +91 22 67476080 CIN: L31100MH1936P1L.C002497 E-mail:companysecretaryaecl@gmail.com The Senior General Manager, (Listing Compliance Manager) BSE Limited, 24th Floor, P.J. Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 501622 Sub: Proceedings of the 91st Annual General Meeting of the Company held on September 25, 2026 Ref: Regulation 30 of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Respected Sir/Madam, With reference to the above cited subject, this is to inform you that the 91st Annual General Meeting of the Company was held on Friday, September 25, 2026, at 3:00 P.M. (IST) through Video Conferencing (“VC")/Other Audio Visual Means (“OAVM”). Enclosed herewith the Summary of Proceedings of the AGM of the Company as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Part A of Schedule III thereof. Kindly take same on your records. Thanking you, Yours faithfully, for AMALGAMATED ELECTRICITY COMPANY LIMITED Aradhana Kurup Director(07957633) THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. Tel: +91 22 67476080 CIN: L31100MH1936P1L.C002497 E-mail:companysecretaryaecl@gmail.com SUMMARY OF PROCEEDINGS OF THE 915T ANNUAL GENERAL MEETING The 91st Annual General Meeting (AGM) of the Members of The Amalgamated Electricity Company Limited ("the Company') was held on Friday, September 25, 2026, at 3:00 P.M. (IST) through Video Conferencing (“VC”)/Other Audio Visual Means (“OAVM”). The Meeting was held in compliance with the Ministry of Corporate Affairs (MCA) General Circular No. 09/2024 dated September 19, 2024 and SEBI Circular No. SEBI/HO/CFD/CFD-PoD- 2/P/CIR/2024/133 dated October 3, 2024, and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Ashith Nagindas Kampani, [Independent Director], chaired the meeting which was conducted through Video Conference. He welcomed the Members and informed that the quorum of Members, as required under law, was present. The Company had taken requisite steps to enable Members to participate and vote on the items specified in the Notice of the AGM. He further informed that the Statutory Registers required to be kept for inspection during the AGM were available electronically. Notice of the 91st AGM and Annual Report for the Financial Year 2025-2026 were sent by e-mail to the Members whose e-mail addresses were registered with MUFG Intime India Private Limited, RTA of the Company or the Depository Participant(s). Those Members who had not registered their e-mail addresses could access the Annual Report through the Company's website or Stock Exchange website viz. BSE Limited. With the consent of the members present, the Notice convening the meeting and the Auditors' Report on the Standalone Financial Statements were taken as read. Directors in attendance Ms. Aradhana Kurup - Executive Director Mr. Ashith Nagindas Kampani - Independent Director Mr. Ravindranath Reddy Banka - Independent Director Mr. Jay Nareshbhai Tillani - Independent Director Mr. Somesh Yag Ratanchand Kapai - Non-Executive, Non-Independent Director Other Representatives Statutory Auditors - M/s. Vatsaraj & Co, Chartered Accountants Secretarial Auditor - Sharvari Kulkarni & Associates, Practising Company Secretaries Scrutinizer - Anushree Keshav Practising Company Secretaries THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. Tel: +91 22 67476080 CIN: L31100MH1936P1L.C002497 E-mail:companysecretaryaecl@gmail.com The following items of business, as per the Notice of AGM dated August 21, 2026, were transacted at the Meeting: ORDINARY BUSINESS: 1. Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended 31st March 2026, together with the Reports of the Board of Directors and Auditors thereon. 2. Appointment ofa Director in place of Ms. Aradhana Kurup (DIN: 07957633), who retires by rotation and, being eligible, offered herself for re-appointment. 3. Appointment of M/s. Vatsaraj & Co, Chartered Accountants (Firm Registration No. 111327W), as the Statutory Auditors of the Company to hold office from the conclusion of this AGM until the conclusion of the AGM to be held in the year 2030. SPECIAL BUSINESS: (Ordinary Resolutions) 4. Appointment of Ms. Aradhana Kurup (DIN: 07957633) as Managing Director of the Company for a period of five (5) years with effect from August 21, 2026, without remuneration. 5. Appointment of M/s. Sharvari Kulkarni and Associates, Practising Company Secretaries, as Secretarial Auditor of the Company for a term off ive consecutive financial years commencing from FY 2026-27 and ending with FY 2030-31. SPECIAL BUSINESS: (Special Resolution) 6. Approval for making Investments, Giving Loans, Providing Guarantees or Security in connection with Loans under Section 186 of the Companies Act, 2013, up to an aggregate outstanding limit of X700 Crore (Rupees Seven Hundred Crore only). All the items of business as mentioned in the Notice convening the said Annual General Meeting have been transacted and all the Resolutions have been passed by the Shareholders by requisite majority either by remote e-voting or through e-voting conducted during the Annual General Meeting. The Annual General Meeting concluded at 3:23pm (IST). The combined Scrutinizer's Report on remote e-voting and e-voting conducted during the AGM shall be intimated to the Stock Exchange and uploaded on the website of the Company and the RTA's website. THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. Tel: +91 22 67476080 CIN: L31100MH1936P1L.C002497 E-mail:companysecretaryaecl@gmail.com For The Amalgamated Electricity Company Limited Aradhana Kurup Director DIN: 07957633 Kindly take this information on record. Thanking you, Yours faithfully, for AMALGAMATED ELECTRICITY COMPANY LIMITED Aradhana Kurup Director(07957633)