National Fittings Limited has disclosed a property purchase transaction under SEBI Listing Regulations Regulation 30. The company entered into a sale agreement on October 21, 2026, to acquire 4.5 acres (19,020 square meters) of agricultural land located at Mudhela Village, Savli Taluka, Vadodara District, Gujarat (PIN: 391510).
The transaction details from Annexure-1 include:
Counterparties: The land was purchased from four individuals: Girishbhai Ishvarbhai Patel, Milaben Girishbhai Patel, Miteshbhai Girishbhai Patel, and Sumitkumar Girishbhai Patel.
Purchase Consideration: The total transaction value is ₹4,65,00,000 (Rupees Four Crore Sixty Five Lacs only), exclusive of stamp duty, registration charges, and taxes.
Funding Source: The acquisition is funded through internal accruals.
Property Description: The agricultural land parcel is specifically identified as R.S. 302, Khakariya Road, Mudhela Village.
Purpose: The land was purchased for company use, though the specific operational purpose is not detailed beyond "for purchase of land for the Company."
Relationship Disclosure: The counterparties are not related to the promoter/promoter group/group companies of National Fittings Limited. The transaction does not qualify as a related party transaction and is confirmed to be at arm's length.
Management Impact: The transaction has no impact on the management or control of the listed entity.
Additional Disclosures: No potential conflicts of interest, board nominations, or other significant disclosures were noted in the filing.
The intimation was signed by P4 S. Aravinthan, Company Secretary and Compliance Officer, and has been made available on the company's website at www.nationalfittings.com.