Regularisation and Appointment of Mr. Ankit Mittal (DIN: 07092296) as Executive, Non-Independent Director for a Term of Five Years
Awaiting price reaction for this filing.
Fedders Electric and Engineering Ltd has regularised the appointment of Mr. Ankit Mittal (DIN: 07092296) as Executive, Non-Independent Director for a five-year term starting 4th April 2025. He was first inducted as an Additional Director on 4th April 2025, and the board on 9th June 2025 approved his regularisation, which now requires shareholder approval at the EGM scheduled for 1st July 2025. Mr. Mittal is an MBA from Dr. A.P.J. Abdul Kalam Technical University with experience in finance and banking. The company confirmed he has not been debarred from holding a director position by any SEBI order.
This is a routine board-level appointment with no immediate material impact on shareholders. Investors should watch the 1st July 2025 EGM for shareholder approval and any further clarity on his executive responsibilities.