Description

Fedders Electric and Engineering Ltd will be delisted from BSE effective March 02, 2026, pursuant to a Resolution Plan approved by the NCLT Allahabad Bench on October 16, 2025.

Summary

BSE has announced the delisting of Fedders Electric and Engineering Ltd (Scrip Code: 500139) from the Exchange effective Monday, March 02, 2026. The delisting follows the approval of a Resolution Plan by the Hon’ble National Company Law Tribunal (NCLT), Allahabad Bench, vide its order dated October 16, 2025. The company has confirmed compliance with all NCLT requirements for delisting.

Key Points

  • Fedders Electric and Engineering Ltd (Scrip Code: 500139) is being delisted from BSE.
  • Delisting is pursuant to a Resolution Plan approved by NCLT, Allahabad Bench, on October 16, 2025.
  • The company has confirmed full compliance with the NCLT delisting order requirements.
  • Effective date of delisting from BSE records: Monday, March 02, 2026.
  • Trading Members are requested to take note of the delisting.

Regulatory Changes

The delisting is mandated under a court-approved Resolution Plan by the NCLT under the Insolvency and Bankruptcy Code (IBC) framework. This is a compulsory/regulatory delisting, not a voluntary one initiated by the company’s shareholders.

Compliance Requirements

  • Trading Members must take note of the delisting effective date and cease trading in the scrip accordingly.
  • For clarifications, Trading Members may contact Ms. Vaidehi Phatak at Tel. No. 022 – 2272 8646.

Important Dates

  • October 16, 2025: NCLT Allahabad Bench approved the Resolution Plan.
  • February 23, 2026: BSE notice issued.
  • March 02, 2026: Effective date of delisting from BSE records.

Impact Assessment

This delisting has a high impact on existing shareholders and traders holding positions in Fedders Electric and Engineering Ltd (Scrip Code: 500139). Post March 02, 2026, the shares will no longer be tradable on BSE. Investors holding the scrip should be aware that liquidity via the exchange will cease. The NCLT-driven nature of this delisting indicates the company underwent insolvency proceedings, which may have implications for shareholder recovery depending on the terms of the Resolution Plan.

Impact Justification

Permanent removal of a listed security from BSE directly affects all holders of Fedders Electric and Engineering Ltd shares, with a hard effective date of March 02, 2026.