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NDR Auto Component operates in the auto components industry and manufactures seat frames and trims for four-wheelers and two-wheeler vehicles and other accessories relating to car seatsIt was incorporated and listed in 2019 as a part of Rohit Relan Group. It was listed post demerger of the automobile seating business from Sharda Motor Industries Ltd
NDR Auto Components' subsidiary opened a new plant, investing ~INR 27.29 Cr. This boosts capacity by 50,000 frame sets and 28,000 seat cover sets, strategically targeting KIA Motors India demand through Hyundai Transys.
NDR Auto Components is launching new projects to manufacture Seat Belt Reminder Systems (1.5M units/yr) in Gujarat with Fujikura Ltd (Rs 7.43 Cr investment) and seating latches (3M units/yr) in Gurugram with Fisher Dynamics Corp (Rs 17.43 Cr investment). Target completion is Jan 2027.
NDR Auto Components' board approved new tech tie-ups: with Fujikura Ltd for Seat Belt Reminder Systems (₹7.43 Cr) and Fisher Dynamics Corp for seating latches (₹17.43 Cr). Aim: boost product offerings & market presence. Also, ₹3 Cr invested in its subsidiary for a seat fabric project.
NDR AUTO greenlit Q2/H1 results and strategic expansion. It's investing Rs. 7.43 Cr with Fujikura for 1.5M seat belt reminders & Rs. 17.43 Cr with Fisher Dynamics for 3M seating latches, targeting Jan 2027. Also, Rs. 3 Cr infusion into a subsidiary for seat fabric.
Ndr Auto Components Limited has informed the Exchange about Agreements