LEEL Electricals Limited — Board Meeting, 26-07-2025: Outcome of Board Meeting

LEEL Electricals' board has approved a major capital restructuring as per NCLT orders. All existing promoter shares are cancelled, and public shareholders will receive 1 new share for every 43 held. The company will issue fresh equity shares via preferential allotment at ₹10 per share to new investors, including Krishna Ventures Limited. This will boost the paid-up capital from ₹0.54 Cr to ₹10.80 Cr. Krishna Ventures Limited, along with others, will become the new promoters, marking a significant step in the company's revival.