Fedders Electric and Engineering Limited — Others, 27-12-2024: Appointment

Fedders Electric and Engineering Ltd. has announced a board meeting to approve the appointment of M/s Punam Kumar Gupta & Associates as the internal auditor for the financial year 2024-25. This decision comes after the resignation of the previous auditor due to other commitments.

The appointment reflects the company's commitment to maintaining robust internal controls and governance standards. This move is likely to foster investor confidence, establishing a positive outlook as the company strengthens its operational oversight during the upcoming fiscal year.