FilingReader Intelligence

Rohit Relan family trust takes control of NDR Auto Components

October 1, 2025 at 05:49 AM UTCBy FilingReader AI

The Rohit Relan Family Trust has acquired 17,395,361 equity shares, representing 73.13% of NDR Auto Components Limited, from various members of the promoter and promoter group. This inter-se transfer, structured as a gift without consideration, aims to reorganize shareholding and streamline succession planning within the promoter family. The acquisition was granted an exemption from open offer requirements by SEBI on August 13, 2025.

Prior to the acquisition, the total promoter shareholding was 17,395,361 shares, or 73.13% of the company's equity. Following the transfer, the individual promoter holdings will become nil, with the Rohit Relan Family Trust holding the entire 73.13% stake. The total equity share capital of the company, INR 23,78,53,040 divided into 23,785,304 shares, remains unchanged, and there will be no alteration in public shareholding.

The transaction, a non-commercial internal reorganization, ensures no effective change of control or ownership of voting rights occurs outside the promoter group. The acquirer trust has confirmed compliance with SEBI's exemption conditions, including the irrevocability of the trust and restrictions on beneficial interest transfers.

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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