Two MoUs entered to acquire about 4.5 acres of land for approx Rs 4.65 crores near existing Vadodara site
2 MoUs entered on October 13, 2026 to acquire about 4.5 acres (19,020 Sq. meters) of land.
By ScoutQuest · · 1 min read
- Land Area Acquired
- about 4.5 acres (19,020 Sq. meters)
- Land Cost
- approx Rs 4.65 crores
- Funding Source
- met from internal accruals
What the company informed the exchange
National Fittings Limited has informed the stock exchange that it has entered into 2 Memorandum of Understanding (MoU) on October 13, 2026, to acquire a land parcel measuring approximately 4.5 acres (19,020 Sq. meters).
The land is located adjacent to the company's existing leased premises at R.S. 314/315, Khakariya Road, Mudhela Village, Savli Taluka, Vadodara District – 391510, Gujarat, where the company is currently constructing its new manufacturing facility.
What it costs and how it is funded
- Land cost: approximately Rs 4.65 crores
- Funding: being met from internal accruals
- Approval: the proposal for the said acquisition was approved by the Board of Directors by Circular Resolution 1/26-27 dated 13.10.2026
How to read this
- An MoU is an understanding to take the land acquisition forward; the update states the company has entered into the MoUs to acquire the land parcel.
- The numbers shared are stated as approximate figures — about 4.5 acres, about 19,020 Sq. meters and a cost of approximately Rs 4.65 crores.
- The land is next to the company's existing leased premises where a new manufacturing facility is under construction, so the acquisition relates to land around that site.
- The payment is from internal accruals, as stated in the update.
The intimation was made under Regulation 30 of the SEBI (LODR) Regulations, 2015.
Also from National Fittings
Board meeting on 30 October 2026 to consider and approve un-audited results for quarter ended 30.09.2026
23 Oct 2026
Promoter group member reports change in shareholding via market purchase
21 Oct 2026
Sale agreement signed to buy 4.5 acres of land for Rs. 4.65 crores
21 Oct 2026
More numbers
- Land parcel size4.5 acres
- Land parcel size19,020 Sq. meters
- Land costRs 4.65 crores
- Number of MoUs entered into2
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