Ndr Auto Components Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting

NDR Auto Components' board has approved its Q1 financial results. The company is making strategic moves, including setting up a new manufacturing facility in Anantapur, Andhra Pradesh, for automotive components like frame structures and seat covers. This Rs. 27.29 Cr investment over two years will be via a new 100% subsidiary. The board also approved a Space/Sub-License Agreement for a new corporate office in Aerocity, Delhi, involving a payment of Rs. 11.25 Cr. Additionally, a CSR Trust will be created with Bharat Seats Limited. These steps align with the company's growth and expansion strategy.