LEEL Electricals Limited — Others, 26-03-2025: Trading Window

Leel Electricals Limited has announced a board meeting to consider the audited financial results for the quarter and financial year ending March 31, 2025. The trading window will be closed for insiders from April 1, 2025, until 48 hours post-meeting, reflecting ongoing corporate restructuring due to its acquisition under liquidation by Krishna Ventures Limited. Notably, the equity share capital held by the former promoters has been fully cancelled, and public shareholders’ stakes have been dramatically reduced to one share for every 43 shares held as of the November 22, 2024 record date, without compensation.

This update highlights significant changes in the company's equity structure, which could impact investor confidence, creating a mix of risk and opportunity as shareholders adjust to the new reality.