National Fittings: Merger of Avisa & Banil Castings Approved

National Fittings Ltd's board approved the merger of Avisa Private Limited and Banil Castings Private Limited with National Fittings. The appointed date for the scheme is April 1, 2026. The merger is subject to approvals from BSE, SEBI, NCLT, and shareholders/creditors. As of March 31, 2026, Avisa had assets of ₹4.56 Cr and nil turnover, Banil had assets of ₹78.80 Cr and turnover of ₹62.60 Cr, and National Fittings had assets of ₹119.84 Cr and turnover of ₹96.19 Cr.