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Rohit Relan family trust to acquire majority stake in NDR Auto

September 22, 2025 at 04:59 AM UTCBy FilingReader AI

The Rohit Relan Family Trust (RR Trust) has announced its intention to acquire 17,395,361 equity shares, representing 73.13% of NDR Auto Components Limited, from existing promoters and promoter group members. This acquisition, scheduled for on or after September 26, 2025, is structured as an inter-se transfer without monetary consideration, with transferors executing gift deeds in favor of the RR Trust.

The Securities and Exchange Board of India (SEBI) granted an exemption for this acquisition from the requirements of SAST Regulations, 2011, via an order on August 13, 2025. This exemption acknowledges the transaction as an internal reorganization for succession planning within the promoter family, with no effective change in control or prejudice to public shareholders' interests.

Post-acquisition, the RR Trust will directly acquire control over NDR Auto Components Limited. The trust's beneficiaries and trustees are individual promoters or their immediate relatives and lineal descendants. The public shareholding of NDR Auto Components Limited, which is INR 23,78,53,040 divided into 23,785,304 equity shares of INR 10/- each, will remain unchanged.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:NDRAUTOBombay Stock Exchange

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