NDR Auto Components Approves ₹18.53 Cr Capex, JV with DYA Co.

NDR Auto Components Limited's Board of Directors, in a meeting held on November 4, 2026, approved unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. The board also sanctioned an additional capital expenditure of ₹18.53 crore (₹11.34 crore for Naviyani, Gujarat and ₹7.19 crore for Kharkhoda, Haryana) for new programs with Maruti Suzuki India Limited and Suzuki Motorcycle India Private Limited. Shareholders' approval will be sought via postal ballot for enhancing the limit of Material Related Party Transactions with Bharat Seats Limited and altering the Memorandum of Association to include consultancy and advisory services. Additionally, the company approved an investment of ₹36.30 Lakhs in a Special Purpose Vehicle for captive solar power sourcing and a Joint Venture with DYA Co., Ltd. of South Korea to design, manufacture, and supply passenger car seats in India, primarily for Kia India and Hyundai India. NDR Auto Components will hold a 51% stake in the proposed JV company, which will become a subsidiary.