LEEL Electricals Limited holds 38th AGM on Dec 29, 2025, passes all resolutions
LEEL Electricals Limited (formerly Lloyd Electric & Engineering Limited) held its 38th Annual General Meeting (AGM) on December 29, 2025, commencing at 05:00 PM IST through video conferencing. The mee...
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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 is a routine update about the annual general meeting proceedings and the outcome of voting on various resolutions. while the passing of all resolutions is positive, it reflects standard corporate governance and does not indicate a significant positive or negative development for the company's operations or financials.
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LEEL Electricals Limited holds 38th AGM on Dec 29, 2025, passes all resolutions
December 29, 2025, 12:31 PM
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LEEL Electricals Limited (formerly Lloyd Electric & Engineering Limited) held its 38th Annual General Meeting (AGM) on December 29, 2025, commencing at 05:00 PM IST through video conferencing. The meeting was chaired by Mr. Neeraj Gupta, the Managing Director, except for specific agenda items where Mr. Bhoopendra Gaur presided.
The company announced that all resolutions placed before the members for consideration and approval were passed with the requisite majority. These included the adoption of audited standalone financial statements for the Financial Year ended March 31, 2025, re-appointment of Mr. Durgesh Kumar, and ratification/appointment of statutory auditors. Special business items also saw approval, including the appointment of a Secretarial Auditor, regularization of Mr. Bhoopendra Gaur and Mr. Kanwar Nitin Singh as directors, ratification of the Managing Director's appointment, and matters related to borrowings, investments, loans, guarantees, and security.
The AGM also involved remote e-voting, which commenced on December 26, 2025, and concluded on December 28, 2025. Members attending the meeting had the opportunity to vote electronically if they had not already done so. The company underwent corporate insolvency resolution process and was acquired by Krishna Ventures Limited, with new management inducted on July 1, 2024.
The meeting concluded at 05:29 PM IST. The voting results and the scrutinizer's report will be placed on the company's website and the stock exchanges within forty-eight hours.
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