- NDR Auto Components approved two business transfers through slump sale transactions.
- The company will invest INR 60 million in its joint venture for expansion and funding needs.
India-based NDR Auto Components Limited has approved the transfer of its Seat Trim business associated with selected vehicle models to its wholly owned subsidiary, NDR Auto Components South Private Limited. The transaction will be executed through a slump sale mechanism at a valuation of INR 94.8 million. According to the company, the process is expected to be completed by May 29, 2026. The move is part of the company’s ongoing business restructuring efforts aimed at streamlining operations and improving segment-focused execution capabilities.
The board of the company also approved the transfer of its Sunshade Manufacturing business to NDR Hayashi Automotive India Private Limited, a joint venture entity. The transfer will also be conducted through a slump sale arrangement at a valuation of INR 94.4 million. Completion of this transaction has been targeted for June 1, 2026. Through this restructuring exercise, the company aims to align manufacturing activities more closely with specialized business entities and strengthen operational efficiency across its automotive components portfolio.
In addition to the business transfers, the company sanctioned a fresh investment of INR 60 million in NDR Hayashi Automotive India Private Limited. The investment will be made through participation in the rights issue of 60 lakh equity shares with a face value of INR 10 per share. The funds raised through the issue are intended to support the joint venture’s working capital requirements and ongoing project funding activities as it expands its manufacturing capabilities and production programs.
NDR Hayashi Automotive India Private Limited was incorporated on October 10, 2025, and operates in the automotive components segment. The company manufactures products including ambient light systems, carpet components, dash inner parts, rear shades, and tonneau covers. The additional capital infusion is expected to support capacity enhancement and operational readiness for future automotive programs. The restructuring and investment approvals collectively indicate NDR Auto Components Limited’s focus on consolidating specialized operations within dedicated entities to improve business scalability and execution efficiency.
Frequently Asked Questions
What business transfers were approved by NDR Auto Components Limited?
NDR Auto Components Limited approved the transfer of its Seat Trim business and Sunshade Manufacturing business through slump sale transactions to separate group entities. The Seat Trim business will be transferred to its wholly owned subsidiary NDR Auto Components South Private Limited, while the Sunshade Manufacturing business will move to NDR Hayashi Automotive India Private Limited. These transactions are aimed at improving operational specialization, enhancing manufacturing efficiency, and supporting focused business management within dedicated automotive component entities.
Why is NDR Auto Components investing in NDR Hayashi Automotive India?
NDR Auto Components Limited approved an investment of INR 60 million in NDR Hayashi Automotive India Private Limited to support the joint venture’s working capital and project funding requirements. The investment will be made through a rights issue involving 60 lakh equity shares. The joint venture manufactures automotive interior and accessory components such as ambient lights, rear shades, carpets, and tonneau covers. The funding is expected to strengthen operational capabilities, support future production expansion, and improve readiness for upcoming automotive business programs.
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