National Fittings
171.60
+13.60(+8.61%)
Market Cap₹155.85 Cr
PE Ratio7.18
Company Performance:
1D+8.61%
1M+2.08%
6M-4.53%
1Y+31.04%
5Y+345.14%
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More news about National Fittings
07Jan 26
National Fittings Limited Initiates Postal Ballot for Registered Office Shift to Gujarat
National Fittings Limited has launched a postal ballot process to obtain shareholder approval for relocating its registered office from Coimbatore, Tamil Nadu to Halol, Gujarat. The company has scheduled e-voting from January 14 to February 12, 2026, with NSDL providing remote voting facilities and results expected on February 13, 2026.
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24Oct 25
National Fittings Limited Reshuffles Board Committees Following Director Changes
National Fittings Limited has reconstituted its board committees following director changes. The Audit, Nomination and Remuneration, and Shareholders Relationship Committees have new compositions. The company's board now includes Arpit Agarwal as Managing Director and Jayaram Govindarajan as Joint Managing Director. Additionally, Himgiri Castings Private Limited and associated parties acquired a 34.04% stake from the former promoter, marking a significant ownership change.
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24Oct 25
National Fittings: Himgiri Castings and Associates Complete 34.04% Stake Acquisition
Himgiri Castings Private Limited and persons acting in concert have acquired a 34.04% stake in National Fittings Limited. The acquisition, completed on October 23, 2025, involved multiple parties purchasing shares from the promoter, A V Palanismamy. Following the acquisition, changes in board composition and committee structures were implemented. Mr. A V Palaniswamy and Mrs. Panath Anitha resigned, while Mr. Anil Kumar Agarwal and Mr. Arpit Agarwal were appointed to the board. Key committees, including the Audit Committee, Shareholders Relationship Committee, and Nomination & Remuneration Committee, were reconstituted.
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22Oct 25
National Fittings Limited: Promoter A V Palaniswamy Seeks Reclassification to Public Category
A V Palaniswamy, promoter of National Fittings Limited, has requested reclassification from 'promoter' to 'public' shareholder category. The Board approved the request on October 18, 2025, subject to share transfer to Himgiri Castings Private Limited and regulatory approvals. Palaniswamy currently holds zero equity shares. The reclassification process, initiated on October 17, 2025, faces delays due to Diwali holidays. The company emphasizes compliance with SEBI regulations and has informed the BSE of this development.
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22Oct 25
National Fittings Limited Appoints New Directors, Including Father-Son Duo in Key Leadership Roles
National Fittings Limited has announced significant changes to its leadership structure. The Board of Directors has approved new appointments, effective from October 18, 2025, subject to shareholder approval. Mr. Anil Kumar Agarwal joins as Additional Director (Non-Executive Non-Independent), while his son Mr. Arpit Agarwal is appointed as Additional Director and Managing Director for a 5-year term. Mr. Jayaram Govindarajan takes on the role of Joint Managing Director for 3 years. These appointments bring extensive experience in foundry management and manufacturing operations to the company.
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19Oct 25
National Fittings Limited Announces Board Reshuffling with New Appointments and Resignations
National Fittings Limited (NFL) has appointed two new directors: Anil Kumar Agarwal as Non-Executive Non-Independent Director and Arpit Agarwal as Managing Director, effective October 18, 2025. Both bring extensive experience in mechanical engineering and foundry management. Simultaneously, A V Palaniswamy and Panath Anitha have resigned from the board citing personal reasons. This leadership change may signal a strategic shift for the company.
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15Oct 25
National Fittings Limited Reports Strong Q2 FY2026 Results with 26% Revenue Growth
National Fittings Limited, a pipe fittings manufacturer, announced unaudited Q2 FY2026 results. Net sales increased 26.02% to ₹2,354.29 lakhs, while net profit surged 119.71% to ₹184.07 lakhs compared to Q2 FY2025. EPS improved to ₹2.03 from ₹0.92. For H1 FY2026, net sales reached ₹4,422.48 lakhs with a net profit of ₹446.31 lakhs. The company maintained strong liquidity with ₹4,581.85 lakhs in cash and equivalents. The Board approved these results on October 15, 2025, after review by the Audit Committee and statutory auditors.
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08Sept 25
National Fittings Limited's Independent Directors Recommend Open Offer by Himgiri Castings
National Fittings Limited's Independent Directors Committee met on September 6, 2025, to provide recommendations on the open offer by Himgiri Castings Private Limited. The committee evaluated the offer and pricing of equity shares. The company published advertisements in four newspapers on September 8, 2025, to disseminate this information widely. National Fittings has informed the Bombay Stock Exchange about this development through a formal communication submitted by Company Secretary S. Aravinthan.
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National Fittings
171.60
+13.60
(+8.61%)
1 Year Returns:+31.04%
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