FEDDERELECNSEFedders Electric and Engineering LimitedMediumNeutral
Announced Tue, 30 Sept · 18:37 IST

Fedders Electric and Engineering Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 29, 2025. Further, the company has informed the Exchange regarding voting results.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Fedders Electric and Engineering Limited held its 69th AGM on September 29, 2025, where all 5 resolutions were passed unanimously with 100% votes in favor. The resolutions included adoption of audited financial statements for FY ending March 31, 2025, re-appointment of M/s. O. Aggarwal & Co. as Statutory Auditors, re-appointment of Mr. Vishal Singhal as Director (retiring by rotation), appointment of a Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30), and ratification of Cost Auditor remuneration for FY 2025-26. Only 7 shareholders (all from the promoter and promoter group) attended and voted, representing 2,99,99,996 out of 3,00,00,000 total shares. No public shareholders participated in the meeting or through e-voting, and the scrutinizer's report from Chandan J & Associates confirmed the results.

Likely market impact

This is a routine regulatory disclosure confirming standard corporate approvals with no contested items. The absence of public shareholder participation highlights that this is a tightly held promoter-dominated company with negligible free float, which is important context for any retail investor considering the stock.