National Fittings Limited received a disclosure from promoter Mr. Anil Kumar Agarwal regarding the acquisition of shares. The disclosure was submitted in Form-C under Regulation 7(2)(a) of the PIT (Prohibition of Insider Trading) Regulations on June 2, 2026. The company informed BSE Ltd. about this transaction, forwarding the document as required under Regulation 7(2)(b) of the PIT Regulations.

Disclosure Details

The disclosure pertains to the acquisition of shares by Mr. Anil Kumar Agarwal, who is a promoter of the company. The filing was made to comply with regulatory requirements governing insider trading and share acquisitions by key personnel.

Regulatory Compliance

The company submitted the enclosed disclosure to the stock exchange for information and record purposes. The communication was addressed to BSE Ltd. at its office in Mumbai. The security code for National Fittings Limited is 531289.

The secretarial audit report for National Fittings Limited for the financial year ended March 31, 2026, confirms the company's adherence to most statutory provisions while noting specific deviations that resulted in regulatory penalties. Conducted by Practising Company Secretary M.R.L. Narasimha, the audit examined compliance with the Companies Act, 2013, and SEBI regulations, including the Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The report highlights that the company has addressed the identified issues by paying the requisite fines.

Regulatory Deviations and Penalties

The audit identified a specific instance of non-compliance regarding the disclosure of voting results. The Bombay Stock Exchange (BSE) levied a fine for the failure to submit these results within the stipulated period under Regulation 44(3) of the SEBI (LODR) Regulations, 2015. The company has since paid the imposed fine to resolve the matter.

Board and Governance Compliance

The report confirms that the Board of Directors is duly constituted with a proper balance of Executive, Non-Executive, Independent, and Women Directors. Changes in board composition during the year were carried out in compliance with the Companies Act, 2013. Adequate notice, including agenda and detailed notes, was provided to directors at least seven days in advance of meetings. The company maintained systems for directors to seek information and confirmed that no dissenting views were required to be recorded during the year.

General Compliance Status

National Fittings Limited maintained compliance with Secretarial Standards issued by the Institute of Company Secretaries of India (ICSI) and ensured all applicable policies under SEBI Regulations were adopted. The audit verified compliance regarding related party transactions, which received prior approval from the Audit Committee. The company confirmed that no additional non-compliances were observed during the review period, and no actions were taken by SEBI or stock exchanges other than those specified in the report.