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Awaiting price reaction for this filing.
Mr. Milan Dalal (DIN: 00062453) has resigned from the Board of Amalgamated Electricity Company Limited as a Non-Executive Director, effective October 3, 2025. He cited 'other prior commitments' as the reason for his resignation. The company has disclosed his other directorships across 17 entities, including Foods and Inns Limited where he is Managing Director. The filing was made under SEBI LODR Regulation 30 with Annexure A and B attached.
This is a routine non-executive director exit with no stated governance concerns. For shareholders, this is a board-level change unlikely to materially affect the company's operations or stock price, though it reduces the board by one member.