National Fittings Limited , a prominent player in the fittings industry, has announced significant changes to its leadership structure, appointing new directors and reshuffling key positions. The company's Board of Directors, acting on recommendations from the Nomination and Remuneration Committee, has approved these appointments, which are set to take effect from October 18, 2025, subject to shareholder approval at the upcoming Annual General Meeting.

New Appointments and Roles

Father-Son Duo Joins the Board

The appointment of Mr. Anil Kumar Agarwal and his son, Mr. Arpit Agarwal, brings a wealth of experience in foundry management to National Fittings Limited. Both father and son have backgrounds in mechanical engineering and have held leadership positions at Himgiri Castings Private Limited.

Professional Backgrounds

Mr. Anil Kumar Agarwal

• Designated as Non-Executive Non-Independent Director
• Extensive experience in foundry management
• Mechanical engineering background

Mr. Arpit Agarwal

• Appointed as Managing Director for a five-year term
• Mechanical engineering background
• Experience in foundry management
• Previously held leadership roles at Himgiri Castings Private Limited

Mr. Jayaram Govindarajan

• Appointed as Joint Managing Director for a three-year term
• Over 20 years of experience in manufacturing and operations
• Holds director positions in multiple companies, including Shiva Texyam Limited

These strategic appointments aim to strengthen National Fittings Limited's leadership team, potentially bringing fresh perspectives and extensive industry experience to guide the company's future growth and operations. Shareholders will have the opportunity to approve these appointments at the forthcoming Annual General Meeting, marking a new chapter in the company's corporate governance structure.

As National Fittings Limited prepares for this transition in leadership, the market will be watching closely to see how these changes may impact the company's strategic direction and performance in the coming years.

National Fittings Limited (NFL), a company listed on the Bombay Stock Exchange, has announced significant changes to its board of directors, marking a notable shift in its leadership structure.

New Appointments

The company has appointed two additional directors, effective October 18, 2025, subject to shareholder approval:

1. Mr. Anil Kumar Agarwal - Appointed as Non-Executive Non-Independent Director
2. Mr. Arpit Agarwal - Appointed as Managing Director

Both new appointees bring substantial experience to their roles:

It's worth noting that the newly appointed directors are father and son, both with backgrounds in mechanical engineering and foundry management. The company has confirmed that neither Mr. Anil Kumar Agarwal nor Mr. Arpit Agarwal has been debarred from holding director positions by SEBI or other authorities.

Resignations

Concurrent with these appointments, National Fittings Limited has also announced the resignation of two directors:

1. Mr. A V Palaniswamy - Ceased to be a Director as of October 18, 2025
2. Mrs. Panath Anitha - Ceased to be a Director as of October 18, 2025

Both directors cited personal reasons for their resignations. In their respective resignation letters, they expressed gratitude for the cooperation extended during their tenure and confirmed that there were no material reasons for their resignations other than those mentioned.

Implications

These changes represent a significant reshuffling of National Fittings Limited's board. The introduction of the Agarwals, with their extensive experience in production, marketing, and foundry management, may signal a strategic shift or reinforcement of the company's operational focus.

The company has duly informed the Bombay Stock Exchange of these changes, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

As National Fittings Limited navigates this transition in leadership, stakeholders will be keen to observe how these changes may influence the company's direction and performance in the coming months.