Fedders Electric and Engineering Limited — Others, 18-12-2024: Resignation

Ms. Sakshi Goel has resigned from her position as Company Secretary and Compliance Officer at Fedders Electric and Engineering Ltd., effective from the close of business hours. The Board of Directors has accepted her resignation, and formalities will be completed in due course. The resignation is attributed to personal reasons.

This development may induce uncertainty regarding the company's governance, potentially affecting investor sentiment. However, the transition offers an opportunity for new leadership, which could lead to strategic adjustments in the company's operations moving forward.