NDR Auto Components Limited (“the Company”), is incorporated under the Companies Act, 2013 on March, 2019, having registered office at D – 188, Okhla Phase – I, New Delhi – 110020. The Company operates in the Auto Component industry. The company is engaged in production and manufacturing of Seat Frames and Trims for Four-Wheeler and Two-Wheeler Vehicles and other accessories related to Car Seats.
The Company has been demerged from Sharda Motor Industries Limited vide. the NCLT Order dated 20th February, 2020. The Hon’ble National Company Law Tribunal, New Delhi bench, vide its Order dated February 20, 2020 has approved the Scheme of Arrangement among Sharda Motor Industries Limited and NDR Auto Components Limited and their respective Shareholders and Creditors for demerger and transfer of the “Automobile Seating Undertaking” of Sharda Motor Industries Limited (Demerged Company) into NDR Auto Components Limited (Resulting Company) under sections 230 to 232 of the Companies Act, 2013 read with Section 66 of the Companies Act, 2013.
In accordance with the said Scheme, the equity shares of our Company issued pursuant to the Scheme shall be listed and admitted to trading on the NSE and BSE. Accordingly, the Company was listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on 30th July, 2020.