Sona BLW Board Recommends ₹1.80 Dividend, Approves Q4/FY26 Results
Sona BLW Precision Forgings Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board also recommended a final dividend of ₹1.80 per equity share (face value ₹10 each) for FY2025-26. The record date for ascertaining dividend eligibility is fixed as Friday, June 26, 2026. Additionally, the Board approved an investment of USD 6 million in its wholly-owned Mexican subsidiary, SONA BLW eDRIVE MEXICANA, S.A.P.I. DE C.V., and modified the purpose of a corporate guarantee up to USD 10 million for the same subsidiary. A modification in the shareholding percentage for the captive solar power plant investment in Seeyel Renewables Private Limited was also ratified, from 26% to 27.64%, with the investment amount remaining ₹8.30 million.
Key Highlights
- Board approved audited Q4 and FY26 financial results.
- Final dividend of ₹1.80 per equity share recommended for FY26.
- Record date for dividend fixed as June 26, 2026.
- Approved USD 6 million investment in Mexican subsidiary.
- Modified corporate guarantee purpose for Mexican subsidiary.
- Adjusted shareholding for captive solar plant investment.
Price Impact
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