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- Financial Update
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LEEL Electricals, previously undergoing liquidation proceedings, has been sold as a going concern to Krishna Ventures, as approved by the NCLT. New management has taken over the Board. The company is now focused on capital restructuring, which includes the extinguishment and reduction of share capital, stemming from NCLT directives. Consequently, the regular shareholding pattern submission is currently deferred, as it would not accurately reflect the ongoing changes. The updated pattern will be filed once the capital restructuring is complete.