NDR Auto Components shareholders approved all seven resolutions at the company’s 7th Annual General Meeting (AGM) on July 27, 2026, with support exceeding 99.99% across every item. The resolutions included the re-appointment of three wholetime directors—Pranav Relan, Ayush Relan, and Rajat Bhandari—for three-year terms, alongside the adoption of audited financial statements for FY26 and a ₹4 dividend per equity share. The high approval rate underscores strong shareholder confidence in the company’s governance structure and capital distribution strategy.

The formal Scrutinizer’s Report was submitted to the BSE and NSE on July 27, 2026, by Rupinder Singh Bhatia, Company Secretary in Practice (CP No. 2514), appointed under Section 109 of the Companies Act, 2013. The report confirms that the e-voting process, conducted via National Securities Depository Limited (NSDL), was fair and transparent. Voting rights were determined based on a cut-off date of July 20, 2026. The remote e-voting window operated from July 23, 2026, at 09:00 A.M. to July 26, 2026, at 05:00 P.M., while live e-voting occurred during the AGM held via Video Conferencing.

Voting Breakdown by Resolution

The scrutinizer’s report provides a detailed split between remote e-voting and votes cast during the AGM. A total of 146 members voted, representing 1,76,15,466 votes. While 83 members attended the AGM virtually, only 10 cast votes during the meeting; the vast majority of participation occurred through remote e-voting.

Dissenting votes were minimal, ranging from 272 to 341 per resolution, with no dissent recorded during the live AGM session. All dissent originated from the remote e-voting pool.

Director Tenures and Compliance

The Board recommended these reappointments in its meeting on May 11, 2026. Pranav Relan’s term runs from October 27, 2026, to October 26, 2029. Ayush Relan and Rajat Bhandari’s terms begin on January 2, 2027, and end on January 1, 2030. Rajat Bhandari serves as Executive Director and Company Secretary, overseeing compliance matters including this AGM process.

The company complied with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant MCA circulars regarding virtual meetings. Notice of the AGM was dispatched electronically on July 2, 2026, with advertisements published in Financial Express and Jansatta on July 3, 2026. Sanjiv Kapur, Chairman, presided over the meeting. Electronic voting data has been handed over to Rajat Bhandari for safekeeping as per regulatory requirements.

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).