BSEFedders Electric and Engineering LtdLowNeutral
Announced Wed, 3 Sept · 18:52 IST

Notice of 69th Annual General Meeting of the Company

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

Awaiting price reaction for this filing.

AI summary

Fedders Electric and Engineering Limited has issued the notice for its 69th Annual General Meeting scheduled for Monday, September 29, 2025 at 3:00 PM (IST) at the company's registered office in Sikandrabad, Uttar Pradesh. The AGM will cover five items: (1) adoption of audited standalone financial statements for FY 2024-25, (2) re-appointment of M/s. O. Aggarwal & Co. as statutory auditors for the next term until the 74th AGM, and (3) re-appointment of Mr. Vishal Singhal (DIN: 03518795), Managing Director, who retires by rotation. The special business includes (4) appointment of M/s. Chandan J & Associates as secretarial auditor for five years from FY 2025-26 to FY 2029-30, and (5) ratification of Rs. 1,20,000 plus taxes as remuneration for M/s. Jain Sharma & Associates as cost auditor for FY 2025-26. Remote e-voting via NSDL will be open from September 26 (9:00 AM) to September 28, 2025 (5:00 PM), with a cut-off date of September 22, 2025. The register of members will be closed from September 23 to September 29, 2025.

Likely market impact

This is a routine AGM notice with no major corporate actions like fundraising, mergers, or dividend changes. Shareholders should note the September 22, 2025 cut-off date for e-voting eligibility. The resolutions are largely procedural — auditor re-appointments and director re-appointment by rotation — and are unlikely to materially affect the stock price.