LEEL Electricals Limited — Important, 10-05-2025: Commencement of commercial production/operations

LEEL Electricals has announced a board meeting to approve the financial results for the quarter and half-year. Mr. Bhoopendra Gaur joins as Additional Executive Director and CFO, succeeding the previous CFO and Company Secretary. Operations began at the Greater Noida plant with a ₹20 Cr investment, targeting ₹75 Cr turnover by FY26. The company reported a net loss of ₹86.86 lakhs for the year amid restructuring after acquisition by Krishna Ventures Limited. The new management focuses on operational turnaround and finalizing the takeover.