Re-appointment of Statutory Auditors, Internal Auditor, and Cost Auditor
Awaiting price reaction for this filing.
The Board of Directors of Fedders Electric and Engineering Ltd, at its meeting on August 13, 2025, approved the re-appointment of three auditors. M/s. O. Aggarwal & Co., Chartered Accountants, has been re-appointed as Statutory Auditor for five consecutive years covering FY 2025–26 to FY 2029–30, subject to shareholder approval at the ensuing AGM. M/s. Punam Kumar Gupta & Associates has been re-appointed as Internal Auditor for FY 2025–26. M/s. Jain Sharma & Associates has been re-appointed as Cost Auditor for FY 2025–26. All re-appointments were made on the recommendation of the Audit Committee.
This is a routine compliance filing confirming continuity in the company's audit arrangements, with no change in auditors. It signals stable governance and has no material impact on shareholders or the stock price.