Fedders Holding Ltd

This is to inform you that the Board of Directors of the Company at its meeting held today has inter alia considered and approved the following which shall be subject to the approval of shareholders of the Company and applicable regulatory authorities as the case may be:a) The Board has accorded its consent for transfer of registered office of the company from the State of National Capital Territory of Delhi to State of Uttar Pradesh subject to approval of shareholders of the Company through Postal Ballot and subject to approval from applicable regulatory authorities as the case may be in accordance with applicable laws.