Appointment of Secretarial Auditor
FEDDERSHOL · price
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Fedders Holding Ltd's Board of Directors has approved the appointment of M/s. Chandan J & Associates (Proprietor: CS Chandan Jha) as the Secretarial Auditor of the company. The appointment is for a period of five consecutive years, covering Financial Years 2025-26 through 2029-30. The decision was made at the Board meeting held on August 27, 2025, based on the recommendation of the Audit Committee. The appointment is subject to shareholder approval at the upcoming Annual General Meeting. The new auditor's firm has over five years of experience in corporate secretarial services, SEBI-related matters, and FEMA compliance.
This is a routine corporate governance compliance appointment and is unlikely to have a material impact on the stock price or shareholders. The long five-year tenure suggests continuity in secretarial audit oversight, subject to shareholder confirmation at the AGM.