LEEL Electricals Limited — Others, 09-07-2025: Certificate under SEBI (Depositories and Participants) Regulations, 2018

Leel Electricals has announced a board meeting on its capital restructuring plan following National Company Law Tribunal orders. The entire equity holding of the erstwhile promoter group will be cancelled without payout, while public shareholders’ equity will be reduced to 1 share for every 43 shares held as of the record date. Corporate action for these changes is underway with the depositories. This significant equity reduction impacts shareholders by drastically lowering their shareholding, reflecting a major shift in the company’s capital structure.