Fedders Electric and Engineering Ltd

Management Appointment

• Mrs. Mamata Khandelwal appointed Company Secretary & Compliance Officer effective 11 February 2026.
• She is a qualified Company Secretary, Membership No. ACS-49489.
• Mrs. Khandelwal has experience in compliance for listed and private limited companies.
• No relationships with other directors or management disclosed.
• Appointment approved by the Board of Directors on 11 February 2026.
• Mrs. Khandelwal confirmed no disqualification or legal impediments to act as Company Secretary.

Financial Performance 📊

• Board approved unaudited standalone financial results for Q3 and nine months ended Dec 31, 2025.

Corporate Actions & Governance 📍

• Mrs. Mamata Khandelwal appointed as Company Secretary & Compliance Officer.
• Company filed for delisting from NSE and BSE, approved by NCLT on Oct 16, 2025; minimum public shareholding no longer applicable.

Audit & Compliance ⚠️

• Auditor issued qualified review report citing improper fixed asset records and depreciation estimates.
• Rs 47.65 lakh not transferred to Investor Education and Protection Fund as required.
• Inventory records for scrap from old management not properly maintained per NCLT order.
• Company did not apply Ind AS 109 effective interest method for redeemable preference shares.
• Unsupported credit card travel expenses prevented auditor from verifying accuracy of related costs.
• Trade receivables of Rs 26.44 crore recognized as other income lack adequate documentation.
• Internal audit for period ended Dec 31, 2025, not completed; review subject to internal audit findings.

Financial Provisions

• Provision for 0.50% coupon on convertible preference shares made annually as per management; no provision booked yet.

🗓️ Meeting Details

• Board meeting scheduled for February 11, 2026, at the registered office in Sikandrabad, Uttar Pradesh.

📊 Key Agenda Items

• Consideration and approval of unaudited standalone financial results for quarter and nine months ended December 31, 2025.
• Financial results to be reviewed by the Audit Committee before Board approval.