LEEL Electricals Capital Restructuring Under IBC Process

LEEL Electricals under liquidation since NCLT order dated 06.12.2021, sold as going concern to Krishna Ventures Limited.
Board approved cancellation of erstwhile promoter shareholding and reduction of public shareholding to 1 share per 43 held.
Preferential allotment of 1.02 crore equity shares to acquirer and affiliates to meet minimum public shareholding norms.
Company intimates stock exchanges that share capital audit report for FY26 is deferred pending capital restructuring completion.