Ndr Auto Components Limited has informed the Exchange about transfer of business by way of slump sale as a going concern
NDRAUTO · price
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NDR Auto Components Limited held its Board meeting on May 11, 2026, approving multiple business items. The company reported standalone revenue of Rs 8,225.38 lakhs for FY2026, up from Rs 7,127.79 lakhs in FY2025, with net profit of Rs 530.49 lakhs and EPS of Rs 22.30. The board approved two slump sale transfers: Seat Trim business (certain models) to wholly owned subsidiary NDR Auto Component South Private Limited, and Sunshade business to Joint Venture NDR Hayashi Automotive India Private Limited. Additionally, the board approved investing Rs 6 crores in the JV via a Rights Issue. The board also recommended a dividend of Rs 4 per share (40%) with record date July 20, 2026.
The slump sale transfers are internal restructuring moves transferring business segments to subsidiary and JV entities rather than external divestitures. The company continues to retain these businesses within its group structure. The financial results show strong 15% revenue growth and improved profitability, while the Rs 6 crore JV investment signals commitment to the joint venture partnership.