Fedders Electric and Engineering Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on July 01, 2025
Awaiting price reaction for this filing.
Fedders Electric and Engineering Limited held its Extra-Ordinary General Meeting (EGM) on July 1, 2025 at 3:00 PM IST at its registered office in Sikandrabad, Bulandshahr, Uttar Pradesh. The meeting was chaired by Managing Director Mr. Vishal Singhal, with 6 members in attendance and the required quorum present. Only one resolution was transacted — the regularisation and appointment of Mr. Ankit Mittal (DIN: 07092296) as Executive, Non-Independent Director for a term of five years. The ordinary resolution was passed with the requisite majority through remote e-voting, and no shareholder questions were raised. The meeting concluded at 4:00 PM IST.
This is a routine corporate governance update — formalising the position of an existing additional director on the board. No material financial or strategic impact on shareholders or stock price is expected, as it does not involve fundraising, M&A, or changes in capital structure.