Sona BLW Board approves Q4/FY26 results, ₹1.80 dividend, $6M Mexico investment

Sona BLW Precision Forgings Ltd's Board of Directors approved audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board recommended a final dividend of ₹1.80 per equity share for FY 2025-26, fixing June 26, 2026, as the record date for eligibility. Additionally, the Board approved a USD 6 million investment in its wholly-owned subsidiary, SONA BLW eDRIVE MEXICANA, S.A.P.I. DE C.V., to support capex, operational expenditure, and working capital. The purpose of a previously approved corporate guarantee of up to USD 10 million for the Mexican subsidiary was modified to include securing both fund-based and non-fund-based borrowing facilities. Lastly, the Board ratified a change in the shareholding percentage for the Chennai captive solar power plant investment from 26% to 27.64%, while the investment amount of ₹8.30 million remains unchanged.