Multicarft Group SE agreed to acquire LEEL Coils Europe s.r.o, Noske-Kaeser Rail & Vehicle New Zealand Limited, LEEL Services s.r.o form LEEL Electricals Limited (BSE:517518) on February 11, 2020. LEEL Coils Europe s.r.o, Noske-Kaeser Rail & Vehicle New Zealand Limited, LEEL Services s.r.o reported the sale of INR 2.5 billion for the financial year 2019. Kavita Shrivastav is appointed as non-executive director as Independent director and Arushi Bhardwaj as the company secretary and compliance officer of LEEL Electricals Limited. The deal is subject to approval from the members of LEEL Electricals Limited and board of LEEL Electricals approved the deal. The deal is expected to be completed within the period of 6-10 months subject to receipt of requisite approvals. Multicarft Group SE cancelled the acquisiton of LEEL Coils Europe s.r.o, Noske-Kaeser Rail & Vehicle New Zealand Limited, LEEL Services s.r.o form LEEL Electricals Limited (BSE:517518) on February 11, 2021.