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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 Limited has announced plans to apply to the Registrar of Companies for an extension of time to convene its Annual General Meeting for the financial year 2025-26.
Leel Electricals Limited's Board has approved a significant restructuring plan. This involves cancelling the entire equity share capital held by former promoters and reducing public shareholders' equity to 1 share for every 43 shares held, effective from the record date of November 22, 2024, without any payout. Following this, a...