Intimation regarding Shareholding Pattern as per regulation 31(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the period and quarter ended 30.09.2025
Awaiting price reaction for this filing.
Leel Electricals (formerly Lloyd Electric & Engineering) is informing exchanges that the regular shareholding pattern filing under SEBI's Regulation 31(1)(b) cannot be meaningfully submitted yet. The company went through NCLT-initiated liquidation in December 2021, and was sold as a going concern to Krishna Ventures Limited (KVL) in June 2024, with new management taking over from July 1, 2024. The Board approved extinguishment and reduction of share capital on December 24, 2024 (with November 22, 2024 fixed as the record date), and the related corporate action is still under process. Until capital restructuring is completed and new shareholding data is received, filing a current quarter shareholding pattern would serve no purpose. The company has committed to file the pattern as soon as updated data is available.
Existing shareholders should expect significant changes in their shareholding and the overall capital base once the IBC-driven capital restructuring is finalized — shares may be extinguished or reduced, and Krishna Ventures Limited's stake will be reflected once filings resume. The delay in filing is procedural and not a negative signal in itself, but investors should watch for the actual restructured shareholding pattern once it is published.