Ndr Auto Components Limited has informed the Exchange that Record date for the purpose of Dividend is 20-Jul-2026.
NDRAUTO · price
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NDR Auto Components Limited reported strong FY2026 results with standalone revenue growing 15% to Rs. 8,225 lakhs and consolidated net profit rising 16% to Rs. 6,194 lakhs. The Board declared a dividend of Rs. 4 per share (40% on face value of Rs. 10), aggregating to Rs. 951.41 lakhs, subject to shareholder approval at the AGM on July 27, 2026. The record date for dividend eligibility has been set as July 20, 2026. Additionally, the company approved transfer of its Seat Trim business to its wholly-owned subsidiary and Sunshade business to its joint venture, NDR Hayashi Automotive India. The Board also approved investing Rs. 6 crores in the JV through a rights issue.
Consistent dividend payout reflects stable cash flows and earnings growth, which is positive for income-seeking investors. The business restructuring through slump sales to subsidiary and JV indicates strategic consolidation of operations.