Ndr Auto Components Limited — Important, 06-03-2025: General Updates

NDR Auto Components Limited has received information regarding the execution of a Memorandum of Family Settlement among its promoters, the Relan Family. This internal agreement, executed on March 3, 2025, aims to resolve potential disputes and maintain family harmony without affecting management or control of the company. The agreement involves the transfer of ownership rights in shares held by the Relan Family to a trust, which will benefit family members. Importantly, the company remains outside the agreement, ensuring no changes in promoter shareholding or management structure, with the Relan Family collectively holding approximately 73.06% of shares. Investors should note that this development appears to reinforce stability in the company's leadership and strategic direction.