NDR Auto Components Limited – Promoter Shareholding Disclosure (April 2026)

Key Highlights

• Promoter: Rohit Relan Family Trust
• Holding: 1,73,95,361 shares (73.13% of total share capital)
• Encumbrance: None (no pledged or pledged‑against shares)
• Reporting Period: FY ending 31 Mar 2026
• Regulatory Basis: SEBI Regulation 31(4) – Substantial Acquisition of Shares & Takeovers Regulations, 2011

What This Means for Investors

• Strong Control: With over 70% ownership, the Trust controls board appointments and strategic decisions, providing continuity.
• Financial Safety: Absence of pledged shares reduces the risk of forced liquidation or dilution linked to the promoter’s debt obligations.
• Concentration Risk: The high ownership concentration means the company’s fortunes are closely tied to the Trust’s actions and financial health.
• Compliance Assurance: The filing demonstrates adherence to SEBI’s disclosure norms, reflecting good corporate governance.

Strategic Implications

• Stability: No change in promoter stake suggests no imminent equity dilution or major restructuring.
• Potential for Future Actions: While the current stake is stable, any future sale or pledge by the Trust could materially impact share price and control dynamics.

Risks & Opportunities

• Risks: Concentrated ownership, potential for promoter‑driven strategic shifts, and limited market liquidity of the remaining free‑float shares.
• Opportunities: Strong promoter backing may support future capital raising, strategic acquisitions, or operational investments without needing external approval.

Outlook

Given the solid promoter backing and lack of encumbrance, the outlook is moderately positive. Investors should monitor any future changes in the Trust’s shareholding pattern or any pledge activity that could alter the risk profile.

Prepared on 29 April 2026 based on the latest SEBI‑mandated shareholding disclosure.