Voting Results & Scrutinizers Report - 38th AGM - FY 2024-25

Leel Electricals held its 38th Annual General Meeting on December 29, 2025, between 5:00 PM and 5:29 PM, via video conferencing. A total of 14 resolutions were put to vote and all of them were passed with overwhelming support (over 99.98% in favour on every item). Voting turnout was 72.88%, with 7,873,533 votes polled out of 10,803,011 outstanding shares. Key items approved include adoption of FY25 audited financial statements, re-appointment of Mr. Durgesh Kumar (retiring by rotation), appointment of statutory and secretarial auditors, appointment of Mr. Bhoopendra Gaur as Executive Director and Mr. Kanwar Nitin Singh as Independent Director, ratification of Managing Director terms, expanded borrowing limits under Section 180(1)(c), authority to sell or dispose of undertakings under Section 180(1)(a), higher Section 186 investment/loan limits, and ratification plus approval of related-party transactions. Only 39 shareholders attended the live video meeting out of 30,680 shareholders on the record date. The scrutinizer was Aakash Goel of G Aakash & Associates.