LEEL Electricals Limited — Board Meeting, 12-05-2025: Outcome of Board Meeting

LEEL Electricals has announced a board meeting on 10 May 2025, approving its FY25 audited results reflecting a net loss of ₹86.86 lakh. The company is launching a new factory with a ₹20 Cr investment, targeting ₹75 Cr turnover in FY26. Key approvals include borrowings, inter-corporate loans, and investments. Management sees changes as the Company Secretary and CFO resigned, with Mr. Bhoopendra Gaur joining as Additional Executive Director and CFO. New internal and secretarial auditors were also appointed. LEEL is steadily navigating its turnaround under fresh leadership post-liquidation.