Leel Electricals Ltd

Leel Electricals Limited has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in effect from July 1, 2026, and will remain open 48 hours after the conclusion of the Board Meeting scheduled to approve the financial results for the period and quarter ending June 30, 2026. The exact date of the Board Meeting will be communicated later. The company also noted that trading in its shares is already suspended due to a corporate action.

Leel Electricals Ltd's board meeting on May 14, 2026, approved the annual audited financial results for the year ended March 31, 2026. The company reported revenue from operations of ₹2,910.28 lakhs for FY26. The board also approved a change in the address where books of accounts are kept. The meeting commenced at 01:15 pm and concluded at 06:25 PM.

Leel Electricals Ltd's Board of Directors approved the annual audited financial results for the year ended March 31, 2026, in a meeting held on May 14, 2026. The board also took note of director disclosures, declarations of independence, and compliance with the code of conduct. Additionally, the board approved a change in the address where the company's books of accounts are kept. The meeting commenced at 01:15 pm and concluded at 06:25 PM. Statutory Auditors issued an Audit Report with unmodified opinion on the results.

Leel Electricals Ltd has rescheduled its Board of Directors meeting to May 14, 2026, to consider and approve the Annual Audited Standalone Financial Results for the financial year ended March 31, 2026. The meeting was initially scheduled for an earlier date but was postponed due to unavoidable circumstances. The trading window, which has been closed since April 1, 2026, will remain closed until 48 hours after the declaration of the financial results. The company's shares are currently suspended from trading.

Leel Electricals Ltd has scheduled a Board of Directors meeting on May 11, 2026, to consider and approve the Audited Financial Results for the year ended March 31, 2026. The trading window is closed from March 31, 2026, until 48 hours after the declaration of financial results. Trading of the company's shares is currently suspended.

Leel Electricals Ltd. is shifting its manufacturing facility from Greater Noida to Pant Nagar, Rudrapur, Uttarakhand. The company also plans to increase its production capacity to ₹300 Crores from the existing ₹100 Crores. This expansion is expected to be completed by May 2028, with an investment of ₹80-100 Crores, financed through equity and debt, to support business growth.

Leel Electricals Ltd. announced a major capital restructuring following its acquisition by Krishna Ventures Limited (KVL) as a going concern, approved by NCLT. The restructuring includes the cancellation of all erstwhile promoter shares and a reduction of public shareholding to 1 share for every 43 held, both without payout. To meet minimum public shareholding, 5,43,011 equity shares will be allotted to eligible public shareholders. Additionally, 1,02,60,000 equity shares will be preferentially issued to KVL and its affiliates. These steps are part of the post-acquisition process, with filings underway.

LEEL Electricals Limited, in accordance with Regulation 31(4) of SEBI (SAST) Regulations, 2011, has disclosed a declaration made by its promoters regarding encumbrance in the company's equity shares. The company is under liquidation proceedings initiated by the Hon’ble Company Law Tribunal Allahabad Bench (NCLT) on 06.12.2021. The NCLT approved the sale of the company as a going concern to Krishna Ventures Limited (KVL/Acquirer) on 21.03.2024. The Liquidator issued the Sale Certificate on 12.06.2024. The Board of Directors has approved the cancellation and extinction of the existing equity share capital, reducing the shareholding of the erstwhile promoters/promoter group to zero. The existing public shareholders' shareholding will be reduced to 1 (ONE) equity share against every 43 (FORTY-THREE) shares held. The company will allot 5,43,011 equity shares to eligible public shareholders and preferentially issue and allot 1,02,60,000 equity shares to the Acquirer & its Affiliate/Nominee/Strategic Investors. The listing and dematerialization of the equity shares are under process.

Leel Electricals Ltd has announced the closure of the trading window for insiders in accordance with Security Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, and the 'Code of conduct to Regulate, Monitor and Report Trading by Designated Persons and their immediate relatives'. The window will remain closed from April 1, 2026, till 48 hours after the conclusion of the Board Meeting for the approval of the Audited Financial Results for the period ending March 31st, 2026. The date of the Board Meeting will be informed in due course. The trading of the company's shares is already suspended due to the Corporate Action.

Leel Electricals Ltd. announced its quarterly financial results for the period ended 31.12.2025, during a Board Meeting on 09th February 2026. The company reported a revenue from operations of 572.65 crores and a profit before tax of 42.75 crores. The Board discussed, considered, took note, and approved the financial results in accordance with the SEBI regulations. The meeting commenced at 02:00 PM and concluded at 03:11 PM.