NDRAUTONSENdr Auto Components LimitedMediumPositive
Announced Mon, 11 May · 14:11 IST

Ndr Auto Components Limited has informed the Exchange that Board of Directors at its meeting held on May 11, 2026, recommended Final Dividend of Rs. 4 per equity share.

Corporate Actions View source PDF

NDRAUTO · price

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AI summary

NDR Auto Components Limited held its Board meeting on May 11, 2026 and approved the Annual Financial Statements for FY ended March 31, 2026. The Board recommended a final dividend of Rs. 4 per equity share (40% payout on Rs. 10 face value), aggregating to Rs. 951.41 lakhs, subject to shareholder approval at the 7th AGM on July 27, 2026. The record date for dividend is July 20, 2026. Standalone net profit for FY26 grew 17.7% to Rs. 5,304.94 lakhs from Rs. 4,508.38 lakhs in FY25. Consolidated net profit stood at Rs. 6,194.45 lakhs. The Board also approved business transfers via slump sale (Seat Trim to wholly-owned subsidiary and Sunshade to a joint venture) and Rs. 6 crore investment in the JV via rights issue. Unmodified audit opinion was received.

Likely market impact

The dividend increase (from Rs. 3 per share in prior year) signals financial strength and is positive for shareholder returns. The AGM date and record date give investors a clear timeline to be eligible.