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LEEL Electricals manufactures evaporators and condenser coils for air conditioners, and heat exchangers/radiators. The Company provides consumer durable segment, heat exchanger and components, and original equipment manufacturer (OEM) segment and packaged air conditioning.
LEEL Electricals board approved financial results for the quarter ended June 30, 2026. Revenue stood at Rs 12.82 Cr, with a profit of Rs 0.96 Cr. Significantly, the company has been sold as a going concern to Krishna Ventures following NCLT-initiated liquidation proceedings.
LEEL Electricals, now under Krishna Ventures, is undergoing capital restructuring. Erstwhile promoter shares are cancelled, and public shares reduced 1:43. New shares are allotted to public shareholders to meet minimum public holding and preferentially issued to the acquirer. These corporate actions are currently being processed.