StockWatch
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Auto Components & Equipments
Board Meeting11 May 2026, 02:00 pm

NDR Auto: FY26 Results Approved, Dividend of ₹4/Share Declared

AI Summary

NDR Auto Components Ltd's Board approved the annual standalone and consolidated financial statements and audited results for the financial year ended March 31, 2026. They also approved a dividend of ₹4 per equity share (40%) and set July 20, 2026, as the record date. The 7th Annual General Meeting will be held on July 27, 2026, via VC or OAVM. Re-appointments of Mr. Pranav Relan, Mr. Ayush Relan, and Mr. Rajat Bhandari as Whole-time Directors were approved, subject to shareholder approval. The board also approved the transfer of Seat Trim and Sunshade businesses via slump sale to subsidiaries and a joint venture, respectively, and an investment of ₹6 crores in NDR Hayashi Automotive India Private Limited.

Key Highlights

  • Approved FY26 standalone and consolidated financial results.
  • Recommended a dividend of ₹4 per share (40%) for FY26.
  • Re-appointed Mr. Pranav Relan, Mr. Ayush Relan, and Mr. Rajat Bhandari as Whole-time Directors, subject to shareholder approval.
  • Approved transfer of Seat Trim business to NDR Auto Component South Private Limited via slump sale.
  • Approved transfer of Sunshade business to NDR Hayashi Automotive India Private Limited via slump sale.