The Company has made application along with requisite documents for re-classification from promoter and promoter group category to public . Herey attached list of promoter for your reference. ....
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Awaiting price reaction for this filing.
Amalgamated Electricity Company has submitted an application to BSE seeking approval for reclassification of 7 entities (3 individuals and 4 companies) from the Promoter and Promoter Group category to the Public category. The total shares involved are 2,496 (0.12% of shareholding), with most entities holding zero shares. Only Veena M Dalal (466 shares, 0.02%), Satyen Bhupendra Dalal (930 shares, 0.03%), and CIFCO Limited (2,030 shares, 0.07%) hold any shares. The application was submitted on April 15, 2026. This is a voluntary reclassification request initiated by the promoters themselves.
The impact on the stock is minimal given the very small quantum of shares involved (only 0.12%). However, this signals a further reduction in promoter group ownership and control, which could marginally increase the public shareholding in the company.