Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we wish to inform you that Mr. Ankit Sharma, Director and CFO of the Company has tendered his resignation today i.e., 22nd April, 2025
Awaiting price reaction for this filing.
Leel Electricals Limited has informed the stock exchanges that Mr. Ankit Sharma, who served as both Director and Chief Financial Officer (CFO) of the company, has tendered his resignation effective close of business hours on 22nd April 2025. The resignation takes immediate effect, and the company has filed the required disclosure under SEBI Listing Regulations along with the resignation letter. The company has not provided any specific reason for the resignation. No replacement has been announced yet.
The sudden exit of a combined Director and CFO can create short-term uncertainty around financial leadership and continuity, which may be viewed negatively by the market until a successor is appointed. Investors should watch for the company's next update on the appointment of a new CFO.