Fedders Electric and Engineering Limited has informed the Exchange regarding Change in Auditors of the company.
Awaiting price reaction for this filing.
Fedders Electric and Engineering Limited has re-appointed M/s. O. Aggarwal & Co., Chartered Accountants (Firm Registration No. 005755N) as its Statutory Auditors. The re-appointment is for a period of five consecutive years, covering financial years 2025-26 to 2029-30, from the conclusion of the 69th Annual General Meeting to the 74th Annual General Meeting. The decision was taken by the Board of Directors on August 13, 2025, on the recommendation of the Audit Committee, and is subject to shareholder approval at the upcoming AGM. O. Aggarwal & Co., established in 1985 and based in Delhi, has over three decades of experience in statutory audit, tax audit, internal audit, and compliance services.
This is a routine re-appointment, not a change driven by any disagreement or governance issue. No material impact on shareholders is expected, and the stock price is unlikely to be affected.