Leel Electricals Ltd
📊 Leel Electricals Ltd. Submits SEBI Certificate Following Capital Restructuring
• Submitted SEBI Regulation 74(5) certificate for FY ended March 31, 2026.
• Capital restructuring executed per NCLT orders dated March 21, 2024, and October 23, 2024.
• Public shareholders' equity reduced to 1 share for every 43 held as of November 22, 2024, with no payout.
• Promoter equity fully cancelled and reduced to zero with no payout.
• Allotted 543,011 equity shares to eligible public shareholders in a 1:43 ratio to meet 5% minimum public shareholding.
• Preferential issue of 10,260,000 equity shares to acquirer, affiliate, nominee, or strategic investors.
• Corporate action forms and listing applications filed and under process.
• No physical share certificates received for dematerialization in Q4 FY2026.
• Total dematerialized shares as of April 21, 2026: 40,119,390, with zero physical shares outstanding.