Re-appointment of Statutory Auditors of the Company
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 M/s. O. Aggarwal & Co., Chartered Accountants (Firm Registration No. 005755N) as Statutory Auditors of the Company. The re-appointment is for a period of five consecutive years, covering financial years 2025-26 to 2029-30, from the conclusion of the 69th AGM to the 74th AGM, subject to shareholder approval. The firm, established in 1985 and based in Delhi, has over three decades of experience in statutory audit, tax audit, internal audit, and advisory services. The decision was taken on the recommendation of the Audit Committee.
This is a routine governance disclosure confirming continuity of the existing statutory auditor for another five-year term. It is neutral for shareholders and unlikely to have any material impact on the stock price.