Fedders Electric and Engineering Limited — Others, 17-12-2024: Change in Management

Fedders Electric and Engineering Ltd. has announced a board meeting to appoint M/S O. Aggarwal & Co. as the new statutory auditors for FY 2024-25, following the resignation of M/S Rajiv Malhotra & Associates. This appointment reflects a strategic move to ensure continued oversight without any concerns raised by the outgoing auditors. O. Aggarwal & Co. brings over 30 years of experience in comprehensive financial services. This change may positively influence investor sentiment, signaling stability and a commitment to maintaining robust financial governance.