Fedders Holding Ltd — Updates, 13-05-2025: Company Update

Fedders Holding Limited has announced the resignation of Mr. Akshay Parmar as an Independent Director, effective from the close of business hours on May 12, 2025. Mr. Parmar cited preoccupations and other professional commitments as reasons for stepping down. He will also relinquish his roles as Chairperson and member of the Audit Committee, and member of the Nomination & Remuneration and Stakeholders Relationship Committees. Mr. Parmar confirmed no other material reasons for his resignation and holds no directorships in other listed entities. This change impacts the company's board composition and committee leadership.