We are submitting the open offer completion certificate dated 13.10.2025 1issued by the Merchant Banker M/s Keynote Financial Services Limited Mumbai in respect of the Open offer by Himgiri ....
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National Fittings Limited has submitted the Open Offer Completion Certificate dated October 13, 2025, issued by Merchant Banker Keynote Financial Services Limited. The certificate confirms the successful completion of the open offer made by acquirer Himgiri Castings Private Limited along with Persons Acting in Concert (Anil Agarwal, Babita Agarwal, Arpit Agarwal, and Arushi Agarwal). The open offer was conducted under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, following the Share Purchase Agreement dated May 22, 2025. All statutory and regulatory requirements have been complied with and the offer process is now formally closed. The Board of Directors noted this at their meeting held on October 15, 2025.
This marks the formal closure of the takeover process of National Fittings Limited by Himgiri Castings. Shareholders who tendered shares have already been paid, and the acquirer group has now completed all regulatory obligations. Going forward, expect changes in shareholding pattern disclosures and potential board-level changes as the new promoter group consolidates control.