Fedders Electric and Engineering Limited has informed the Exchange regarding Outcome of Board Meeting held on November 05, 2025.
Awaiting price reaction for this filing.
Fedders Electric and Engineering Limited's Board of Directors, at a meeting held on November 5, 2025, approved a proposal to delist the company's equity shares from both NSE and BSE. The delisting is being pursued pursuant to an order passed by the NCLT Allahabad bench on October 16, 2025. The company will comply with SEBI (Delisting of Equity Shares) Regulations, 2021 and file the necessary applications with both stock exchanges in due course. The board meeting lasted from 11:40 AM to 12:10 PM.
Existing shareholders should brace for an exit opportunity, as the company is moving towards getting its shares removed from the exchanges. The delisting price and timeline will be key for investors, who may need to tender their shares at the determined exit price once the formal process begins.