Outcome of the Board Meeting held on Wednesday, 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 follows an order passed by the NCLT Allahabad bench dated October 16, 2025, and will be carried out under SEBI's Delisting Regulations, 2021. The company stated it will file the necessary applications with both stock exchanges in due course. The board meeting ran from 11:40 AM to 12:10 PM.
For shareholders, this signals that the company is moving toward exiting the stock exchanges, which may affect liquidity and the ability to trade shares publicly. The exit price and timeline will depend on the forthcoming application and SEBI-mandated delisting process, so investors should watch for further disclosures on the delisting price.