The Amalgamated Electricity Company Limited, established on June 17, 1936, offers consultancy and management services primarily focused on electrical power generation, development, and distribution. Over time, the company has diversified its operations to include trading in electrical, electronic, and wireless equipment for various industrial, commercial, and domestic applications.
In 2014, Amalgamated Business Solutions Limited (ABSL), once a subsidiary, issued new equity shares, reducing the parent company's holding to 49.40%, thereby altering ABSL's subsidiary status. This strategic shift highlights Amalgamated Electricity's move towards expanding its market presence in the trading sector while maintaining its foundational energy service offerings.
