BSELeel Electricals LtdMediumNeutral
Announced Tue, 7 Apr · 16:22 IST

Promoters declare no new encumbrances on Leel Electricals shares for FY26

Promoter Stake BuyOwnership Changes View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Promoters Neeraj Gupta, Durgesh Kumar, acquirer Krishna Ventures (KVL), Freshplate Agro Foods and Ashva Energy have declared no new pledges or encumbrances on Leel Electricals shares for FY26, beyond those already disclosed. Filing follows the company's capital restructuring under IBC, where NCLT approved sale of Leel as a going concern to KVL. Old promoter shares were cancelled to zero; public shareholders received 1 share per 43 held; KVL was allotted 1.02 crore shares via preferential issue.

Likely market impact

Confirms no new pledges created. Reflects post-IBC change of control with new promoter KVL holding ~95% via preferential allotment.