In continuation of open offer being ended on 13.10.2025 the acquisition of shares by M/s Himgiri Castings Private Limited with persons acting in concert was completed on 23.10.2025, details ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved in line with Nifty Microcap 250 and 0.3 pts less than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Himgiri Castings Private Limited along with persons acting in concert have completed the acquisition of 30,92,093 equity shares (34.04%) of National Fittings Limited from existing promoter Mr. A V Palaniswamy on 23.10.2025. The individual buyers are Anil Kumar Agarwal (10.89%), Arpit Agarwal (9.53%), Himgiri Castings (6.13%), Babita Agarwal (6.13%) and Arushi Agarwal (1.36%). The open offer for this acquisition had ended on 13.10.2025. This effectively results in a change of control at the promoter level of the company.
This marks a complete change in the promoter group of National Fittings, with the Agarwal family entities now collectively holding 34.04% through direct acquisition and open offer. Shareholders should expect new promoter-driven strategic decisions, and stock may see re-rating or volatility based on the new management's plans for the company.