LEEL Electricals Holds 33rd AGM on Dec 29, 2025, Adopts FY20 Audited Financials
LEEL Electricals Limited held its 33rd Annual General Meeting (AGM) on December 29, 2025, commencing at 11:00 A.M. IST via video conferencing. The meeting was convened to adopt the Audited Standalone ...
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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 reports on a routine agm for the adoption of historical financial statements from before the company's acquisition. there are no new financial results or forward-looking statements presented, making the sentiment neutral.
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LEEL Electricals Holds 33rd AGM on Dec 29, 2025, Adopts FY20 Audited Financials
December 29, 2025, 11:08 AM
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LEEL Electricals Limited held its 33rd Annual General Meeting (AGM) on December 29, 2025, commencing at 11:00 A.M. IST via video conferencing. The meeting was convened to adopt the Audited Standalone Annual Financial Statements for the Financial Year ended March 31, 2020, along with the Directors' and Auditors' reports.
This AGM was specifically held to comply with applicable laws, as the company underwent Corporate Insolvency Resolution Process and was acquired by Krishna Ventures Limited. The new management was inducted on July 1, 2024. The financial statements being adopted pertain to the period prior to the company's acquisition.
The resolution for the adoption of the Audited Standalone Annual Financial Statements for FY 2019-20 was placed before the members and passed with the requisite majority. The company provided members with a remote e-voting facility, and those attending the meeting also had the opportunity to vote electronically. The voting results and the Scrutinizer's Report will be made available on the company's website and stock exchanges within 48 hours of the AGM's conclusion. The AGM concluded at 11:31 A.M. IST.
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