Amalgamated Electricity Company Ltd
NSE: BSE: 501622
₹43.08
(0%)
Sun, 05 Apr 2026, 00:07 am
Market Cap119.61M
PE Ratio0
Dividend0
Commercial Services
Miscellaneous Commercial Services
24.5KCompany History
1936
- The Company was incorporated at Mumbai to manufacture vegetable oils and deoiled cakes.
1940
- 11,242 Right Equity shares were issued at par in proportion 1:6 Equity/Preference.
1947
- 13,758 Right Equity shares were issued at par in proportion 1:6 Equity/Pref.
1948
- 31,250 Right Equity shares were issued at par in the proportion 5:14.
1950
- 31,250 Right Equity shares were issued at par.
1951
- 5,400 Pref. (5.5%), 5,000 Pref. (5%) and 2,65,948 No. of Equity shares were allotted to shareholders.
1952
- Unissued 11,250 Pref. (5%) shares and 59,000 No. of Equity shares were issued at par.
1954
- 12,500 Right Pref. (5.5%) and 1,25,000 Right Equity shares were issued at par.
1960
- 90,625 Right Equity shares were issued in the proportion 1:8 Equity.
1961
- 84,375 Right Equity shares were offered at par in the proportion 1:10 Equity.
1962
- 2,86,300 Right Equity shares were offered at par in proportion 1:3 Equity.
1964
- 25,000-10% Right Pref. shares were issued in proportion 1:4 Equity.
1971
- 16,135-10% Pref. shares were redeemed during the year.
1972
- 8,865 10% Preference shares were redeemed.
1975
- 5.5% Pref. and 5% Pref. shares were converted into 3.3% and 3% unsecured bonds respectively.
1976
- 3,47,064 Bonus Equity shares were issued in proportion 1:3.
1978
- Future Electronics Pvt. Ltd. became a subsidiary of the Company.
1981
- The licences were gradually taken over by various State Electricity Boards.
1983
- The plant could be operated only for about four months due to non-availability of raw materials and unremunerative selling prices.
1984
- The working results continued to suffer.
1985
- The working results showed reduced losses as compared to the previous year.
1987
- The computer division continued to operate under severe competitive conditions.
1988
- The Company embarked upon new lines of activities, including upgrading the computer division.
1989
- The Company proposed to divert its activities into leasing business, hire purchase business and exports of commodities.
1992
- The Company held 132 equity shares of its subsidiary.
2014
- The Registered Office of the Company was shifted from Dena Bank Building to Bhupen Chambers.
2019
- The Company split its face value from Rs. 10 to Rs. 5.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800