Leel Electricals Ltd

Leel Electricals Limited: Trading window closed from 01 October 2026 till 48 hours after Board Meeting for financial results for period and half year ending September 30, 2026.

AGM extension filing

• Board resolution on Sep 10, 2026 to seek ROC extension for AGM of FY 2025-26.
• Intends to file extension request with ROC Uttar Pradesh II.
• No immediate operational or financial changes disclosed.
• Process status: extension request under consideration by ROC.

AGM extension filing

• Board approved filing with ROC UP II seeking extension to convene AGM for FY 2025-26.

BLW approved vendor inclusion

• LEEL included in BLW's Approved Vendor List.
• BLW assessed capability and capacity of LEEL's new facility at Plot 5-6-7, IIE SIDCUL, Pant Nagar.

Financial highlights

• Revenue from operations: 1,281.71 lacs in Q1 FY27.
• Total income: 1,281.99 lacs in Q1 FY27.
• Profit after tax: 96.01 lacs in Q1 FY27.
• Purchase of stock-in-trade: 1,133.03 lacs.
• Changes in inventories: (113.65) lacs.
• Employee benefits expense: 57.75 lacs.
• Depreciation and amortization: 44.47 lacs.
• Total expenses: 1,185.98 lacs.
• Board approved unaudited results; results reviewed by audit committee.
• EPS (basic): Rs 0.89; EPS (diluted): Rs 10.00.
• One business segment; no segment reporting.
• NCLT liquidation proceedings initiated; sale of going concern approved.
• Sale certificate dated 12.06.2024; Krishna Ventures Limited to take over.
• Shareholding data being updated with RTA.
• Ind AS compliance; Limited Review report issued.

Going concern & regulatory status

• NCLT liquidation proceedings initiated in 2021; sale of going concern approved in 2024.
• Sale certificate dated 12.06.2024; acquirer Krishna Ventures Limited taking over.

Meeting Details

• Meeting on Aug 13, 2026 at 11:00 AM; Plot No. 5, 6-7, Sector-4, SIDCUL, Pant Nagar, Rudarpur.

Key Agenda Items

• Discuss, consider and approve financial results for period and quarter ended 30.06.2026.

Other Notes

• Trading window closed from 30.06.2026 to 48 hours after results; shares already suspended.

Capital restructuring and governance

• NCLT approved sale of the company as a going concern to Krishna Ventures Limited.
• New management inducted on the board effective 01.07.2024.
• Cancellation and extinguishment of existing equity capital for promoters; public equity reduced to 1 for 43.
• Record date 22.11.2024 fixed for determining eligible public shareholders.
• Pro-rata allotment of 5,43,011 equity shares at 1:43 to eligible public shareholders.
• Aiming to achieve minimum public holding of 5% post-issue.
• Preferential issue and allotment of 1,02,60,000 equity shares to the Acquirer and affiliates on 26.07.2025.
• Filing of Corporate Action Forms and Listing Applications with depositories and exchanges; process ongoing.
• Disclosures for quarter ended 30.06.2026 will be moot until capital restructuring is updated.

Overall Compliance Status

• Entity complied with applicable SEBI LODR requirements; no regulatory actions reported.

Key Non-Compliances

• XBRL filing for annual secretarial report not filed due to technical validation error.

Remedial Actions

• Remedial actions include rectifying XBRL filing issue and ensuring timely future disclosures.

Board and Committee Composition

• Board composition changed; new management appointed; prior directors ceased during proceedings; no disqualification.

Website and Disclosure Practices

• Maintains a functional website with timely disclosures and accurate governance links.

Subsidiary Compliance

• Subsidiary disclosures are not applicable; no material subsidiaries identified in this report.

Regulatory Actions

• No SEBI or stock exchange actions reported during the year.

Special Situations

• Underwent CIRP; sale as going concern; management change; restructuring; preferential allotment to acquirer; listing application filed.