Corporate Action30 Apr 2026, 04:51 pm
Sona BLW Board Approves Q4 FY26 Results, Recommends ₹1.80 Dividend
AI Summary
Sona BLW Precision Forgings Ltd's Board of Directors approved the audited standalone and consolidated financial results for Q4 and the financial year ended March 31, 2026. The Board also recommended a final dividend of ₹1.80 per equity share for FY 2025-26, setting June 26, 2026, as the record date. Additionally, the Board approved a USD 6 million investment in its wholly-owned Mexican subsidiary and modified the purpose of a USD 10 million corporate guarantee for the same subsidiary. A modification in the shareholding percentage for an investment in a captive solar power plant SPV was also ratified.
Key Highlights
- Board approved Q4 and FY2026 audited financial results.
- Recommended a final dividend of ₹1.80 per equity share for FY26.
- Approved USD 6 million investment in SONA BLW eDRIVE MEXICANA.
- Modified purpose of USD 10 million corporate guarantee for Mexican subsidiary.
- Ratified change in shareholding for captive solar plant investment.
Price Impact
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