Voting results & Scrutinizers Report - 35th AGM - FY 2021-22
Awaiting price reaction for this filing.
LEEL Electricals Limited held its 35th Annual General Meeting on December 29, 2025, which was completed in just 21 minutes. Only one resolution was put to vote: the adoption of the Audited Standalone Annual Financial Statements for the financial year ended March 31, 2022, along with the Board and Auditor's reports. Out of 7,872,743 total votes polled, 7,872,210 voted in favour (99.99%) and just 533 voted against. Promoters (holding 74,70,000 shares) voted entirely in favour, while public non-institutional shareholders saw a low turnout of around 12%, with 4,02,210 in favour and 533 against. Scrutiniser Aakash Goel of G Aakash & Associates certified the results on December 30, 2025.
The resolution was passed overwhelmingly and is largely procedural, so no major share-price impact is expected from the vote itself. However, shareholders should note that the company is only now (late 2025) approving the audited financial statements for FY ending March 2022, a delay of roughly 3.5 years, which may signal serious historical governance, audit, or operational issues at the company.