
Board Meeting10 Aug 2026, 01:09 pm
NDR Auto Components declares Q1 FY27 results, approves ESOPs and subsidiary investment
AI Summary
NDR Auto Components Limited announced its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The Board of Directors approved the grant of 66,641 stock options to eligible employees under the ESOP Plan 2024. Additionally, the company will invest ₹8 crore in its wholly-owned subsidiary, NDR Auto Components South Private Limited, by subscribing to its rights issue. The financial results were noted with a limited review report from statutory auditors, which contained no qualifications.
Key Highlights
- Board approved unaudited standalone and consolidated financial results for Q1 FY27.
- Approved grant of 66,641 stock options to employees under ESOP Plan 2024.
- To invest ₹8 crore in wholly-owned subsidiary NDR Auto Components South Pvt Ltd.
- Limited review report on financial results had no adverse remarks.
Price Impact
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