Fedders Holding Ltd

Fedders Holding Ltd Technicals

Fedders Holding Ltd Financials

Fedders Holding Ltd Shareholding Pattern

About Fedders Holding Ltd

Fedders Holding Limited was initially incorporated as public limited company in the name of 'Brescon Corporate Advisors Limited' in October, 1991. The name of the Company was changed to 'Brescon Advisors & Holdings Limited' on 29 March, 2012 and further to 'IM+ Capitals Limited' on July 18, 2013. Again, the name of the Company was changed to Fedders Holding Limited dated 19.06.2024. The Company is primarily engaged in the business of Investment, Finance and Consultancy. FHL is a leading Corporate and Transaction Advisory Company with special focus on Real Estate sector and distress debt resolution advisory Company, to manage all types of business complexities & is majorly operating in the business of financial advisory, Asset Management and management consultancy since 1991. The Company's strategy is to provide one stop solution by offering diverse range of service like fund raising consultancy, Asset Management service, Transaction Advisory, Sales, Marketing Advisory and in some suitable cases by making finance and continue expanding geographic presence throughout India. Its services include debt solution, debt syndication, real estate, recapitalization, mergers and acquisitions, and private equity. Some of the landmark projects undertaken by the Company include Paarth Aadyant & Arka at Lucknow, Tulsiani Grace at Allahabad, NMBPL Tower with OYO at Lucknow, and Paarth NU at Lucknow where it has a tie-up with Clarks Group of Hotels to maintain and provide services for s ...tudio apartments etc. Formed in 1991 as Brescon Advisors & Holdings Ltd and taken over by REPL in 2014, the Company got its shares listed on Bombay Stock Exchange (BSE). The Company has Rudrabhishek Enterprises Ltd. (REPL) as the technical partners who bring on board the comprehensive domain expertise in real estate; infrastructure design, development and implementation. In 2011-12, the erstwhile Brescon Advisors & Holdings Ltd had transferred its Advisory Business to its wholly owned subsidiary Brescon Corporate Advisors Pvt Ltd as a going concern through slump sale with effect from 02.07.2012. During the year 2012-13, Brescon Corporate Advisors Pvt. Ltd.(BCAPL) ceased to be a subsidiary of the Company w.e.f. September 20, 2012 . During year 2012-13, the Company received open offer from M/s. Nusarwar Merchants Pvt Ltd to acquire the majority of the shareholding of the Company from Brescon Consultants Pvt Ltd & I Tenable India Ltd. through Share Purchase Agreement and from public through open offer, which got completed on 08.02.2013 and M/s. Nusarwar Merchants Private Limited became the New Promoter of the Company upon acquisition of 11,81854 (33.75%) equity shares through the Share Purchase Agreement dated 29th September, 2012 and 1,99,716 (5.70%) through open offer, Consequently, the management control of the Company was vested in M/s. Nusarwar Merchants Private Limited effective from 14.02.2013 and existing promoters were ceased to be the Promoters of the Company. During 2022-23, the Company acquired M/s Fedders Electric and Engineering Limited (FEEL) through Corporate Insolvency Resolution Process (CIRP) on 06th October, 2021 and it became the subsidiary of the Company.

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