Non-Executive Independent Director Resigns from Amalgamated Electricity Company Ltd
Amalgamated Electricity Company Ltd has announced the resignation of its Non-Executive Independent Director, Mr. Krishnaprasad Ramanathan, effective July 8, 2026. The departure was attributed to personal reasons.The Board of Directors acknowledged and appreciated Mr. Ramanathan's valuable contribution and support during his tenure with the company.
Mr. Krishnaprasad Ramanathan resigned from the position after serving as a Non-Executive Independent Director. He had been appointed to the role starting September 3, 2025.
The key details regarding the director’s tenure are summarized below:
| Designation | Name | Appointment Date | Cessation Date | Reason for Change |
|---|---|---|---|---|
| Non-Executive Independent Director | Mr. Krishnaprasad Ramanathan (DIN: 07209850) | September 3, 2025 | July 8, 2026 | Resignation due to personal reasons |
The company confirmed the resignation and recorded the details as part of its corporate governance updates.
Stock Price Movement
At the close of trade on Wednesday, shares of Amalgamated Electricity Company Ltd settled at ₹86.52, sinking by 1.99%. The stock spent the entire trading day completely locked, holding steady at that price point from open to close.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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