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 company also sanctioned additional capital expenditure of ₹11.34 crore for its Naviyani plant and ₹7.19 crore for its Kharkhoda plant, supporting new programs from Maruti Suzuki and Suzuki Motorcycle. Shareholder 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. Furthermore, NDR Auto Components approved an investment of ₹36.30 Lakhs in a Special Purpose Vehicle for captive solar power sourcing and a Joint Venture with South Korea's DYA Co., Ltd. to design, manufacture, and supply passenger car seats in India, with NDR holding a 51% stake in the JV, which will become a subsidiary.