Ndr Auto Components Limited has informed the Exchange about Annual General Meeting and Dividend
NDRAUTO · price
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NDR Auto Components Limited's Board has recommended a dividend of Rs. 4 per share (40% payout) for FY2026, totaling Rs. 951.41 lakhs, subject to shareholder approval at the 7th AGM on July 27, 2026. The record date for dividend eligibility is July 20, 2026. For FY2026, standalone revenue grew 15% to Rs. 8,225 lakhs and profit after tax rose 18% to Rs. 5,305 lakhs. Consolidated PAT stood at Rs. 6,194 lakhs, up 16% from the previous year. The company also approved transferring its Seat Trim business to its wholly-owned subsidiary and Sunshade business to its joint venture through slump sales, and plans to invest Rs. 6 crores in the joint venture through a rights issue.
Shareholders can expect dividend credit around July-August 2026. The consistent dividend payout and strong profit growth signal financial stability, though the business transfers indicate restructuring that investors should monitor.