LEEL Electricals announced the resignation of Ramesh Kumar Vasudeva due to his personal reasons as Non-Executive Independent Director with effect from 07 January 2019. Further, Achin Kumar Roy (DIN: 01475456) has resigned due to his personal reasons as Wholetime Director with effect from 08 January 2019.

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Net loss of LEEL Electricals reported to Rs 2.96 crore in the quarter ended September 2018 as against net profit of Rs 731.01 crore during the previous quarter ended September 2017. Sales declined 37.08% to Rs 202.92 crore in the quarter ended September 2018 as against Rs 322.51 crore during the previous quarter ended September 2017.

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Star Paper Mills Ltd, Nahar Industrial Enterprises Ltd, Nila Infrastructures Ltd and CMI Ltd are among the other losers in the BSE's 'B' group today, 15 November 2018.

LEEL Electricals Ltd tumbled 12.61% to Rs 67.2 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 62768 shares were traded on the counter so far as against the average daily volumes of 29390 shares in the past one month.

Star Paper Mills Ltd crashed 11.24% to Rs 158.4. The stock was the second biggest loser in 'B' group.On the BSE, 38994 shares were traded on the counter so far as against the average daily volumes of 10915 shares in the past one month.

Nahar Industrial Enterprises Ltd lost 11.18% to Rs 60. The stock was the third biggest loser in 'B' group.On the BSE, 25990 shares were traded on the counter so far as against the average daily volumes of 7102 shares in the past one month.

Nila Infrastructures Ltd fell 10.35% to Rs 8.75. The stock was the fourth biggest loser in 'B' group.On the BSE, 1.21 lakh shares were traded on the counter so far as against the average daily volumes of 3.43 lakh shares in the past one month.

CMI Ltd slipped 10.04% to Rs 133. The stock was the fifth biggest loser in 'B' group.On the BSE, 3481 shares were traded on the counter so far as against the average daily volumes of 5138 shares in the past one month.

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Leel Electricals will hold a meeting of the Board of Directors of the Company on 14 November 2018.

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