StockWatch
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Auto Components & Equipments
Board Meeting11 May 2026, 02:07 pm

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

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 recommended a dividend of ₹4 per equity share of ₹10 each, subject to shareholder approval, with a record date of July 20, 2026. The board also approved the re-appointment of Mr. Pranav Relan, Mr. Ayush Relan and Mr. Rajat Bhandari as Whole-time Directors, transfer of Seat Trim business to NDR Auto Component South Private Limited and Sunshade business to NDR Hayashi Automotive India Private Limited. Additionally, they approved an investment of ₹6 crores in NDR Hayashi Automotive India Private Limited.

Key Highlights

  • Approved FY26 standalone and consolidated financial results.
  • Recommended dividend of ₹4 per share (40%) for FY26.
  • AGM scheduled for July 27, 2026, via VC or OAVM.
  • 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 and Sunshade businesses via slump sale.