Proceedings of 37th AGM held on 29.12.2025 at 04:00 PM (IST) through video conferencing
Awaiting price reaction for this filing.
Leel Electricals held its 37th Annual General Meeting on December 29, 2025, via video conferencing, chaired by Managing Director Mr. Neeraj Gupta. The only business item considered was the adoption of Audited Standalone Annual Financial Statements for the financial year ended March 31, 2021, along with the Board's and Auditor's reports for that period. The meeting was held specifically to complete pending compliance related to the pre-acquisition period, as the company had undergone the Corporate Insolvency Resolution Process (CIRP) under the IBC, 2016, and was acquired by Krishna Ventures Limited as the successful resolution applicant, with new management inducted on July 1, 2024. Remote e-voting was open from December 26–29, 2025, and the resolution was passed with the requisite majority. The meeting lasted only 20 minutes, and two Independent Directors (Mrs. Namrata Sharma and Mr. Kanwar Nitin Singh) were absent due to personal reasons.
This is largely a procedural/cleanup AGM, closing old books for FY2020-21 under the new management's watch. Shareholders should note that substantive business updates, new financial results, or forward-looking plans were not part of this meeting, so there is no immediate material impact on the stock from this filing itself.