Fedders Electric and Engineering Limited — Board Meeting, 13-08-2025: Outcome of Board Meeting

Fedders Electric & Engineering's board approved the financial results for the quarter, reporting standalone revenue of Rs 77.36 Cr and Profit After Tax of Rs 16.60 Cr. Key re-appointments of Statutory, Internal, and Cost Auditors for upcoming periods were also approved. Importantly, the auditors noted concerns like public shareholding below SEBI norms, trading suspension on exchanges, and Rs 0.48 Cr not transferred to the Investor Education Protection Fund. The company is actively pursuing delisting from stock exchanges, pending NCLT approval.