BSEFedders Electric and Engineering LtdLowNeutral
Announced Tue, 30 Sept · 18:28 IST

Voting Results and Scrutinizer''s Report of the 69th Annual General Meeting.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Fedders Electric and Engineering Limited held its 69th AGM on September 29, 2025, from 3:00 PM to 3:40 PM at its registered office in Sikandrabad, Uttar Pradesh. All 5 ordinary resolutions were approved by shareholders with 100% votes in favour and zero votes against. The resolutions covered adoption of audited financial statements for FY ending March 31, 2025, re-appointment of M/s O. Aggarwal & Co. as statutory auditors, re-appointment of Mr. Vishal Singhal as director (retiring by rotation), appointment of a secretarial auditor for a 5-year term (FY2025-26 to FY2029-30), and ratification of cost auditor remuneration for FY2025-26. The company has an extremely narrow shareholder base with only 7 shareholders on record date, all belonging to the promoter group, holding 3 crore shares in total.

Likely market impact

No material impact on shareholders or stock price — these are routine AGM approvals passed unanimously. However, investors should note the company appears to be entirely promoter-held with effectively zero public float or institutional participation, which means very low trading liquidity in the stock.