The Board of Directors of the Company has approved the proposal for delisting of securities of the company from all stock exchanges i.e. National Stock Exchange of India Limited ('NSE') ....
Awaiting price reaction for this filing.
The Board of Directors of Fedders Electric and Engineering Ltd approved a proposal on November 5, 2025, to delist the company's equity shares from both NSE and BSE. The delisting follows an NCLT Allahabad bench order dated October 16, 2025, and will be carried out under SEBI's Delisting of Equity Shares Regulations, 2021. The company will file the necessary applications with both stock exchanges in due course. The meeting ran from 11:40 AM to 12:10 PM.
Shareholders should expect the stock to eventually stop trading on NSE and BSE once delisting is completed. The process is driven by a court (NCLT) order, so minority investors may have limited say. Investors should watch for details on any exit opportunity or price discovery mechanism as the delisting application progresses.