Voting Results and Scrutinizer s Report of the Extra-ordinary General Meeting held on 01.07.2025
Awaiting price reaction for this filing.
Fedders Electric and Engineering Limited held an Extra-ordinary General Meeting (EGM) on July 1, 2025, at its registered office in Sikandrabad, Uttar Pradesh. The single resolution on the agenda was the regularisation and appointment of Mr. Ankit Mittal (DIN: 07092296) as Executive, Non-Independent Director for a term of five years. The resolution was passed as an Ordinary Resolution with 100% approval — 2 members holding 2,99,99,995 shares voted in favour, with zero votes against and no invalid votes. Remote e-voting was conducted by NSDL between June 28 and June 30, 2025, and Ms. Chetna Bhola, Practicing Company Secretary, served as the Scrutinizer. The results and Scrutinizer's Report have been filed with BSE and NSE and are also available on the company's website.
This is a routine corporate governance disclosure confirming the appointment of a director. The unanimous 100% approval by voting shareholders suggests strong promoter control, and the result is neutral to mildly positive as it removes any governance overhang related to Mr. Mittal's directorship. No material impact on stock price is expected from this filing alone.