Postal Ballot

THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. To, Date: 01-10-2026 The Manager - Listing Compliance BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 501622 ISIN: INE492N01022 Dear Sir/Madam, Sub: Submission of Notice of Postal Ballot under Regulations 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Please find attached, the Postal Ballot Notice dated October 01, 2026, along with the ex- planatory statement, seeking approval of the members of the Company, by way of re- mote e-voting process (“e-voting”) items mentioned in the notice. Postal Ballot Notice is being sent only through electronic mode to all the members whose email address is registered with the Company / Company’s Registrar and Trans- fer Agent / Depository Participants / Depositories as on Wednesday September, 30th 2026(“Cut-off Date”). The Company has engaged the services of NSDL for as the agency to provide e-voting facility. The schedule for remote e-voting is as under: Sr. Particulars Details 1 Cut-off date for determining W ednesday, 30th September, 2026 eligibility of Members to vote 2 Commencement of remote e- Friday, 2nd October, 2026 at 9:00 a.m. voting (IST) 3 End of remote e-voting Saturday, 31st October, 2026 at 5:00 p.m. (IST) The Notice is being sent through electronic mode to the Members whose names appear in the Register of Members / List of Beneficial Owners as on the cut-off date and whose e-mail IDs are registered. The results of the e-voting will be declared within two working days of the conclusion of the e-voting and will be intimated to the Stock Exchange and made available on the Company’s website www.aecl.net.in. CIN: L31100MH1936PLC002497 Tel: +91 81232 10847 E-mail: companysecretaryaecl@ gmail.com Website: www.aecl.net.in THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. The Notice is also available on the website of the Company at www.aecl.net.in and on the website of NSDL at www.evoting.nsdl.com. Kindly take the same on your records. Yours faithfully, Thanking you for AMALGAMATED ELECTRICITY COMPANY LIMITED Aradhana Kurup Managing Director(07957633) Enclosure: Notice of Postal Ballot with Explanatory Statement CIN: L31100MH1936PLC002497 Tel: +91 81232 10847 E-mail: companysecretaryaecl@ gmail.com Website: www.aecl.net.in THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. NOTICE OF POSTAL BALLOT Pursuant to Section 110 of the Companies Act, 2013, read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 REMOTE E-VOTING STARTS ON REMOTE E- VOTING ENDS ON Friday, October 02, 2026 at 9:00 a.m. Saturday, October 31, 2026, at 5:00 p.m. Dear Shareholder(s), NOTICE IS HEREBY GIVEN pursuant to Section 108 and Section 110 and other applicable provisions, if any, of the Companies Act, 2013, (the “Act’’), read together with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014 (the “Rules”), Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the “SEBI Listing Regulations”), Secretarial Standards issued by the Institute of Company Secretaries of India on General Meeting (“SS-2”) and the relaxations and clarifications issued by Ministry of Corporate Affairs (the “MCA”) vide General Circular No. No.14/2020 dated April 8, 2020 and No.17/2020 dated April 13, 2020 and other relevant circulars, including No.22/2020 dated June 15, 2020; No. 33/2020 dated September 28, 2020; No.39/2020 dated December 31, 2020, No.10/2021 dated June 23, 2021, No.20/2021 dated December 8, 2021, No.3/2022 dated May 5, 2022, No. 11/2022 dated December 28, 2022, No. 09/2023 dated September 25, 2023 and 09/2024 dated September 19, 2024 and read with other relevant circulars including General Circular No. 03/ 2025 dated September 22, 2025 and subsequent circulars issued by the MCA (hereinafter collectively referred to as the “MCA Circulars”) and other applicable laws, rules and regulations (including any statutory modification(s) or reenactment(s) thereof for the time being in force and as amended from time to time) for seeking approval of the Shareholders of The Amalgamated Electricity Company Limited (the “Company’’) for the businesses set out hereunder through Postal Ballot by remote e-voting (“Postal Ballot/ e-Voting”). The Company is desirous of seeking your consent for the proposal as contained in the Resolutions given hereinafter. You are requested to peruse the proposed resolutions along with the Explanatory Statement and thereafter record your assent or dissent by means of remote e-voting facility provided by the Company not later than 5:00 p.m. IST on Saturday, October 31, 2026 failing which it will be strictly considered that no reply has been received from the member. Members desiring to exercise their votes are requested to carefully read the instructions in the Notes under the section “Instructions for voting through e-voting”. The Board of Directors of the Company (the “Board”) has appointed CS Anushree Keshav, (Membership No. A26984, C.P. No. 22816), Practising Company Secretary, as Scrutinizer for scrutinizing the Postal Ballot only through e- Voting process in a fair and transparent manner. In compliance with the Regulation 44 of the SEBI Listing Regulations and pursuant to the provisions of Sections 108 and 110 of the Act read with the Rules and the MCA Circulars, the Company is pleased to offer remote e-voting facility to all its members to cast their votes electronically. In terms of MCA Circulars, voting can be done only by remote e-voting. Hence, hard copy of the Postal Ballot Notice along with postal ballot forms and pre-paid business envelope is not being sent to the Members. The instructions for remote e-voting are appended to this Notice. The Notice is also available on the website of the Company www.aecl.net.in. CIN: L31100MH1936PLC002497 Tel: +91 81232 10847 E-mail: companysecretaryaecl@ gmail.com Website: www.aecl.net.in THE AMALGAMATED ELECTRICITY COMPANY LIMITED Regd. Office: G-1, Ground Floor, Nirmal Nest CHSL, Vayu Devta Mandir Complex, Borivali (W), Mumbai 400103. In accordance with the provisions of the MCA Circulars, the Company has made arrangements for the shareholders to register their e-mail addresses. Therefore, those shareholders who have not yet registered their e- mail addresses are requested to register the same by following the procedure set out in the notes to this Postal Ballot Notice. Pursuant to Section 108 of the Act read with Rule 20 of the Rules and Regulation 44 of the SEBI Listing Regulations, the Company has engaged Registrar and Transfer Agents of the Company (“MUFG Intime India Private Limited (formerly known as “Link Intime India Private Limited)” or “RTA”’’), as the agency to provide e-Voting facility for its Shareholders. The remote E-voting facility is available at the link: https://www.evoting.nsdl.com/and commences from Friday, October 2, 2026 at 9:00 a.m. and concludes on Saturday, October 31, 2026 at 5:00 p.m. E-Voting module shall be disabled by RTA for voting thereafter. Shareholders desiring to exercise their votes are requested to carefully read the “Information and Instructions relating to e- Voting” provided in the Notes to this Notice. The Board of Directors of the Company now proposes to obtain the consent of the Members by way of Postal Ballot for the matters as considered in the Ordinary Resolutions or special Resolutions as appended below in accordance with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014. The Explanatory Statement pursuant to Section 102, 110 and other applicable provisions, if any, of the Act pertaining t [Showing first 8,000 characters — download PDF for full document]