National Fittings Ltd — Important, 22-10-2025: Company Update

National Fittings Limited announced that Mr. A V Palaniswamy, currently classified as a Promoter and holding no equity shares, requested re-classification to the public shareholder category. The company's Board of Directors has approved this request. However, the re-classification is contingent on the transfer of shares from Mr. Palaniswamy to M/s Himgiri Castings Private Limited and its associates, a transfer that was initiated but faced delays. This re-classification also requires the consideration and approval of the company's shareholders and a no-objection from the stock exchange.