LEEL Electricals Holds 32nd AGM on Dec 29, 2025, Adopts FY19 Financials
LEEL Electricals Limited (formerly Lloyd Electric & Engineering Limited) held its 32nd Annual General Meeting (AGM) on Monday, December 29, 2025, commencing at 10:00 AM IST through video conferencing....
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Why is LEEL Electricals Limited in the news today?
LEEL Electricals Limited (LEEL) is in the news due to the announcement details the proceedings of an annual general meeting to adopt historical financial statements from prior to the company's acquisition post-insolvency resolution. while the meeting was conducted and a resolution passed, it does not contain new financial performance data or forward-looking guidance.
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LEEL Electricals Holds 32nd AGM on Dec 29, 2025, Adopts FY19 Financials
December 29, 2025, 10:48 AM
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LEEL Electricals Limited (formerly Lloyd Electric & Engineering Limited) held its 32nd Annual General Meeting (AGM) on Monday, December 29, 2025, commencing at 10:00 AM IST through video conferencing. The meeting was chaired by Mr. Neeraj Gupta, the Managing Director.
The primary purpose of the AGM was to adopt the Audited Standalone Financial Statements for the Financial Year ended March 31, 2019, along with the Reports of the Board of Directors and Auditors. This was necessary for compliance with applicable laws, as the company underwent Corporate Insolvency Resolution Process and was acquired by Iftishna Ventures Limited, with new management inducted on July 1, 2024.
The company provided a remote e-voting facility, which commenced on December 26, 2025, and closed on December 28, 2025. Members attending the meeting also had the opportunity to vote electronically. The resolution presented for the adoption of the FY19 financial statements was passed with the requisite majority. The AGM concluded at 10:40 AM IST. The voting results and the Scrutinizer's Report will be published on the company's website and stock exchanges within 48 hours.
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