National Fittings Limited (BSE:531289) agreed to acquire Interfit India Ltd. on January 17, 2018. Under the terms of the transaction, 3 equity shares of National Fittings Limited will be issued for 2 equity shares of Interfit India Limited. For the year end March 31, 2017 Interfit India reported total revenue INR 215.9 million and net worth of INR 183.37 million. The transaction is subject to approval of the shareholders, creditors, Chennai Bench of National Company Law Tribunal and all other regulatory approvals. The transaction was unanimously approved by the Board of Directors of National Fittings Limited. The transaction has been approved by the shareholders of National Fittings Limited on December 5, 2018. The transaction has been approved by the Chennai Bench of National Company Law Tribunal on March 25, 2019. Vivro Financial Services Private Limited acted as the fairness opinion provider to National Fittings Limited.