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 with immediate effect from 22nd April 2025 (close of business hours). The resignation letter was submitted directly to the Board of Directors, and the company has disclosed this under SEBI LODR Regulation 30. The company has not stated any reason for the resignation in the public disclosure. Mr. Sharma has requested that the Registrar of Companies be notified and the Board be informed at its next meeting. The intimation was signed by Mr. Neeraj Gupta, Director (DIN: 07176093).
The sudden exit of the CFO, a Key Managerial Personnel, could raise short-term governance concerns among investors and may put mild pressure on the stock until a replacement is announced. Shareholders should watch for the company's next update on the appointment of a new CFO, as the finance leadership vacuum can affect continuity in financial reporting and strategic decision-making.