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The latest announcement is out from NDR Auto Components Ltd. ( (IN:NDRAUTO) ).
NDR Auto Components Ltd. has notified the stock exchanges that it has received appellate orders from the Income Tax Department, specifically from the Office of the Commissioner of Income Tax (Appeals) in New Delhi. The orders, issued under Section 250 of the Income Tax Act 1961 for assessment years 2021-22, 2023-24 and 2024-25, were dated 24 April 2026 and received by the company on 27 April 2026.
The company has disclosed these developments under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements, indicating their material nature for shareholders and other stakeholders. While the disclosure confirms receipt of the appellate orders, it notes that details of any violations or contraventions are not applicable at this stage, suggesting the matter is procedural and focused on tax assessments rather than confirmed non-compliance.
More about NDR Auto Components Ltd.
NDR Auto Components Ltd. operates in the automotive components industry, supplying parts and systems to vehicle manufacturers from its corporate base in Gurugram and registered office in New Delhi. The listed company focuses on serving the Indian automotive market and is traded on BSE and NSE under the symbol NDRAUTO.
Average Trading Volume: 1,740
Technical Sentiment Signal: Sell
Current Market Cap: 17.24B INR
For a thorough assessment of NDRAUTO stock, go to TipRanks’ Stock Analysis page.