Ndr Auto Components Limited has informed the Exchange regarding Change in Director(s) of the company.
NDRAUTO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NDR Auto Components Limited reported strong FY2026 results with standalone revenue of Rs. 822.5 crore (up 15% YoY) and profit after tax of Rs. 530.5 crore (up 18% YoY). Consolidated PAT stood at Rs. 619.4 crore. The Board recommended a 40% dividend (Rs. 4 per share) with record date July 20, 2026. Three Whole-time Directors — Pranav Relan, Ayush Relan, and Rajat Bhandari — were re-appointed for additional 3-year terms, subject to shareholder approval. The Board also approved transferring the Seat Trim business to its wholly-owned subsidiary and the Sunshade business to its Joint Venture (NDR Hayashi Automotive India) via slump sale, and investing Rs. 6 crore in the JV via rights issue. Auditors S.R. Batliboi & Co. issued an unmodified opinion. Cash and cash equivalents declined to Rs. 1,333.58 lakh from Rs. 5,080.06 lakh, reflecting significant capex and investment activity.
Solid financial performance with healthy profit growth and shareholder-friendly dividend. Business transfers to subsidiaries/JV indicate strategic restructuring. Re-appointments maintain continuity in leadership with no governance red flags.