The Board of Fedders Electric & Engineering at its meeting held on 29 November 2018 approved the resignation of Rajeev Bansal as CFO of the company with effect from 23 November 2018. The Board has appointed Neeraj Gupta as CFO of the company with effect from 29 November 2018.

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Fedders Electric & Engineering has appointed Satya Narayan Gupta (DIN: 06571433) as the Non-Executive Independent Director of the Company with effect from 8 October, 2018, subject to the approval of Members in the General Meeting.

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Arihant Superstructures Ltd, Aanchal Ispat Ltd, AXISCADES Engineering Technologies Ltd and Sasken Technologies Ltd are among the other losers in the BSE's 'B' group today, 27 June 2018.

Fedders Electric & Engineering Ltd crashed 20.00% to Rs 35.6 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 59266 shares were traded on the counter so far as against the average daily volumes of 15889 shares in the past one month.

Arihant Superstructures Ltd lost 19.96% to Rs 85.4. The stock was the second biggest loser in 'B' group.On the BSE, 40865 shares were traded on the counter so far as against the average daily volumes of 14345 shares in the past one month.

Aanchal Ispat Ltd tumbled 16.22% to Rs 11. The stock was the third biggest loser in 'B' group.On the BSE, 16293 shares were traded on the counter so far as against the average daily volumes of 7711 shares in the past one month.

AXISCADES Engineering Technologies Ltd plummeted 15.60% to Rs 91.45. The stock was the fourth biggest loser in 'B' group.On the BSE, 84800 shares were traded on the counter so far as against the average daily volumes of 23213 shares in the past one month.

Sasken Technologies Ltd dropped 13.09% to Rs 860. The stock was the fifth biggest loser in 'B' group.On the BSE, 15207 shares were traded on the counter so far as against the average daily volumes of 3736 shares in the past one month.

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Fedders Electric & Engg. will hold a meeting of the Board of Directors of the Company on 30 May 2018.

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