Fedders Holding Ltd — Important, 11-11-2025: Company Update

Fedders Holding has announced that 9.8 million convertible warrants, issued on a preferential basis, have lapsed as warrant holders did not exercise their conversion option within the stipulated 18-month period. As a result, the company has forfeited an upfront payment of ₹14.01 Cr previously received. This event avoids potential equity dilution from these warrants and directly adds the forfeited amount to the company's funds, impacting its financial position.