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NDR Auto Components Limited Capital/Financing Update 2025

Jul 7, 2025

59373_rns_2025-07-07_5e380c0c-296f-4132-88ec-da4446c681f6.pdf

Capital/Financing Update

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NDR AUTO COMPONENTS LIMITED

Corporate office: Plot No.1, Maruti Joint Venture Complex, Gurugram, Haryana-122015 CIN: L29304DL2019PLC347460 Website: www.ndrauto.com Email id : [email protected] Phone No. : 9643339870-74

July 07, 2025

BSE Limited
Corporate Relationship Deptt.
PJ Towers, 25thFloor, Dalal Street,
Mumbai – 400 001
ScripCode: 543214
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G-Block,
Bandra Kurla Complex, Bandra (East),
Mumbai – 400 051
ScripCode: NDRAUTO

Sub: Intimation of Credit Rating under Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Dear Sir/ Madam,

Pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that ICRA Limited, (credit rating agency) has assigned the following Credit Rating for the below mentioned instruments on July 07, 2025:

S.
No.
Instrument Rated Amount (Rs. crore) Rating Action
1 Long-term
-
fund
based
-
Dropline
overdraft
20.00 [ICRA]A+ (Stable); assigned
2 Long term/short-term-
Fund based/ non fund
based

working
capital
15.00 [ICRA]A+ (Stable)/ [ICRA]A1+;
assigned
3 Long
term/Short
term–Unallocated
65.00 [ICRA]A+ (Stable)/ [ICRA]A1+;
assigned
Total 100

The letter of ICRA is enclosed. Kindly take the same on your record.

Thanking You For NDR Auto Components Limited

Rajat Digitally signed by Rajat Bhandari Bhandari Date: 2025.07.07 15:34:45 +05'30'

Rajat Bhandari Executive Director and Company Secretary DIN: 02154950 Encl: a/a

Registered office: Level-5, Regus Caddie Commercial Tower, Hospitality District Aerocity, IGI Airport, New Delhi 110037 Tel.: +91 011-6654 4976

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ICRA Limited

ICRA/NDR AUTO COMPONENTS LIMITED/07072025/1

Date: July 07, 2025

Mr. Vikram Krishan Rathi

CFO

NDR AUTO COMPONENTS LIMITED

Maruti Suzuki Joint Venture Complex Gurgaon- 122002

Dear Sir,

Re: ICRA’s Credit Rating for below mentioned Instruments of NDR AUTO COMPONENTS LIMITED

As per the Rating Agreement/Statement of Work executed with ICRA Limited, ICRA’s Rating Committee has taken the following rating actions for the mentioned instruments of your company.

Instrument Rated Amount
(Rs. crore)
Rating Action1
Long-term-fund based- Dropline overdraft 20.00 [ICRA]A+ (Stable); assigned
Long term/short-term- Fund based/ non fund based – working capital 15.00 [ICRA]A+ (Stable)/ [ICRA]A1+; assigned
Long term/Short term–Unallocated 65.00 [ICRA]A+ (Stable)/ [ICRA]A1+; assigned
Total 100.00

The aforesaid rating(s) will become due for surveillance within one year from the date of rating communication letter. However, ICRA reserves the right to review and/or, revise the above rating(s) at any time based on new information becoming available, or the required information not being available, or other circumstances that ICRA believes could have an impact on the rating(s). Therefore, request the lenders and investors to visit ICRA website at www.icra.in for latest rating(s) of the company.

The rating(s) are specific to the terms and conditions of the instruments as indicated to us by you, and any change in the terms or size of the same would require a review of the rating(s) by us. In case there is any change in the terms and conditions or the size of the rated instrument, the same must be brought to our notice before the instrument is used by you. In the event such changes occur after the rating(s) have been assigned by us and their use has been confirmed by you, the rating(s) would be subject to our review, following which there could be a change in the rating(s) previously assigned. Notwithstanding the foregoing, any change in the over-all limit of the instrument from that specified in this letter, would constitute an enhancement that would not be covered by or under the said Rating Agreement.

The rating(s) assigned must be understood solely as an opinion and should not be treated, or cause to be treated, as recommendation to buy, sell, or hold the rated instrument availed/issued by your company.

You are also requested to forthwith inform us about any default or delay in repayment of interest or principal amount of the instrument rated, as above, or any other debt instruments/ borrowing and keep us informed of any other developments which may have a direct or indirect impact on the debt servicing capability of the company including any proposal for re-schedulement or postponement of the repayment programmes of the dues/ debts of the company with any lender(s) / investor(s), or occurrence of any significant development that could impact the ability of the company to raise funds such as restriction imposed by any authority from raising funds through issuance of debt

1 Complete definitions of the ratings assigned are available at www.icra.in.

Building No. 8, 2[nd] Floor, Tower A DLF Cyber City, Phase II Gurugram – 122002, Haryana

Tel.: +91.124 .4545300 CIN: L749999DL1991PLC042749

Website: www.icra.in Email: [email protected] Helpdesk: +91 9354738909

Registered Office: B-710, Statesman House, 148, Barakhamba Road, New Delhi 110001. Tel.: +91.11.23357940-41

R A T I N G ● R E S E A R C H ● I N F O R M A T I O N

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securities through electronic bidding system. Further, you are requested to inform us immediately as and when the borrowing limit for the instrument rated, as above, or as prescribed by the regulatory authority(ies) is exceeded.

We look forward to your communication and assure you of our best services.

With kind regards, Yours sincerely, For ICRA Limited

SRI KUMAR KRISHNAMURTHY

Digitally signed by SRI KUMAR KRISHNAMURTHY Date: 2025.07.07 10:55:56 +05'30'

Srikumar Krishnamurthy Senior Vice President [email protected]

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Annexure

Details of Bank Limits Rated by
(Rated on Long-Term Scale)
ICRA Amount (Rs. crore) Rating Rating Assigned On Rating Assigned On
Dropline Overdraft
HDFC Bank Limited 20.00 [ICRA]A+ (Stable) July 01, 2025
Total 20.00
Details of Bank Limits Rated
by ICRA (Rated on Long-Term
and Short-Term Scale)
Amount (Rs. crore) Rating Rating Assigned On
Fund/Non-Fund based Limits -
Working Capital Facilities
ICICI Bank Limited 10.00 [ICRA]A+(Stable)/ [ICRA]A1+ July 01, 2025
YES Bank Limited 5.00 [ICRA]A+(Stable)/ [ICRA]A1+ July 01, 2025
Unallocated Limits
Not Applicable 65.00 [ICRA]A+(Stable)/ [ICRA]A1+ July 01, 2025
Total 80.00