Rohit Relan Family Trust to Acquire 73.13% Stake in NDR Auto Components
The Rohit Relan Family Trust is set to acquire a 73.13% stake in NDR Auto Components Limited (NDRAUTO) on or after September 26, 2025. This internal reorganization involves transferring 1,73,95,361 equity shares from existing promoters to the family trust via gift deeds, without monetary consideration. SEBI has granted an exemption from open offer requirements. The transaction will not alter the overall promoter group shareholding of 73.13% or public shareholding of 26.87%. The move aims to streamline succession planning within the promoter family.
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NDR Auto Components Limited (NDRAUTO) is set for a significant ownership restructuring as the Rohit Relan Family Trust prepares to acquire a 73.13% stake in the company. This move, scheduled for September 26, 2025 or later, is part of an internal reorganization within the promoter family, aimed at streamlining succession planning.
Key Details of the Acquisition
The Rohit Relan Family Trust will acquire 1,73,95,361 equity shares, representing 73.13% of NDR Auto Components' total share capital. This transaction involves the transfer of shares from existing promoters, including Rohit Relan, Ritu Relan, Ayush Relan, Pranav Relan, and Rishabh Relan, to the family trust without any monetary consideration through gift deeds.
Regulatory Approval and Exemptions
The Securities and Exchange Board of India (SEBI) has granted an exemption from open offer requirements under order WTM/KCV/CFD/02/2025-26 dated August 13, 2025. This exemption recognizes the transaction as an internal reorganization for succession planning within the promoter family.
Trust Structure and Control
The Rohit Relan Family Trust, established on March 5, 2025, is an irrevocable, discretionary private trust. Its trustees and beneficiaries comprise family members and their lineal descendants, ensuring that control remains within the promoter family.
Shareholding Impact
Post-acquisition, the promoter group's shareholding will remain unchanged at 73.13%, with public shareholding steady at 26.87%. The transaction will not alter the company's total equity share capital or affect the minimum public shareholding requirements.
| Shareholder Category | Pre-Acquisition | Post-Acquisition |
|---|---|---|
| Promoter Group | 73.13% | 73.13% |
| Public | 26.87% | 26.87% |
About NDR Auto Components
NDR Auto Components, incorporated in March 2019, operates in the auto components sector.
Implications and Compliance
This transaction is characterized as a non-commercial, internal reorganization that does not affect public shareholders' interests. The company will maintain compliance with minimum public shareholding requirements under SEBI regulations.
The Rohit Relan Family Trust is required to file a report with SEBI within 21 days of the acquisition and must complete the transaction within one year from the date of SEBI's exemption order.
This strategic move by the Rohit Relan family underscores a trend in corporate India towards structured succession planning, ensuring seamless transition and continuity in family-owned businesses.
Historical Stock Returns for NDR Auto Components
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.12% | -6.40% | +4.20% | +36.19% | +8.24% | +2,924.24% |
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