NDR Auto Components shareholders approved the declaration of a ₹4 dividend per equity share and the re-appointment of three key executives as wholetime directors at the company’s 7th Annual General Meeting (AGM) held on July 27, 2026. The meeting, conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), also saw the adoption of the standalone and consolidated audited financial statements for the financial year ended March 31, 2026.

The requisite quorum was present throughout the proceedings, which commenced at 11:00 a.m. and concluded at 11:25 a.m. E-voting remained open until 11:55 a.m. All resolutions were transacted through remote e-voting and e-voting at the AGM venue. The Chairman declared the voting results based on the scrutinizer’s report.

Ordinary Business Resolutions

Shareholders passed ordinary resolutions to receive, consider, and adopt the standalone and consolidated audited financial statements for FY26, along with the reports of the Board of Directors and Auditors. The Board proposed a dividend at the rate of ₹4 per equity share of ₹10 face value each for the financial year ended March 31, 2026.

Additionally, the meeting addressed the retirement by rotation of two directors. Shareholders approved the re-appointment of:

• Ayush Relan (DIN: 07716326)
• Rajat Bhandari (DIN: 02154950)

Special Business Resolutions

The special business agenda focused on the re-appointment and payment of remuneration to three wholetime directors. The resolutions passed included:

Rajat Bhandari, serving as Executive Director and Company Secretary, signed the outcome letter on behalf of the company. The registered office of NDR Auto Components Limited is located in New Delhi, while its corporate office is in Gurugram, Haryana.

NDR Auto Components inaugurated a new manufacturing facility in Penukonda, Andhra Pradesh on July 10, 2026. The plant, established by its wholly owned subsidiary NDR Auto Components South Private Limited, represents a strategic expansion to increase production capabilities for automotive components. The company has disclosed that this development is price sensitive information under SEBI Insider Trading Regulations.

The new facility is located at 649/1, 7-2A, 7-2B1 and 8-1A, Penukonda, Hindupur, Somandepalli, Gudipalle, Sri Sathyasai, Andhra Pradesh. The inauguration was communicated to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Investment and Capacity

The project entails a total investment of approximately INR 27.29 crores, financed through a mix of loans and equity. The company expects the proposed capacity to be achieved within the next one year.

Production Details

The plant will focus on manufacturing frame structures, seat covers (trims), and other plastic, metal, or polyurethane-based automotive components. The primary rationale for this expansion is to cater to KIA Motors India through Hyundai Transys, which is located in Penukonda (Anantapur district).