Sona BLW Precision Forgings announced that the Board of Directors of the Company at its meeting held on 23 January 2025, inter alia, have recommended the interim dividend of Rs 1.6 per equity Share (i.e. 16%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of Sona BLW Precision at its meeting held on 23 January 2025 has approved the appointment of Vikram Verma Vadapalli (DIN: 03631259), as an Additional and Whole Time Director of the Company with effect from 24 January 2025. The Board has also appointed Vineet Mittal (DIN:00058552), as an Additional Director in the capacity of the Independent Director of the Company w.e.f. 24 January 2025. Powered by Capital Market - Live News

The Board of Sona BLW Precision Forgings at its meeting held on 23 January 2025 has approved the request received from Singapore VII Topco III Pte. Ltd., �Promoter� of the Company for reclassification to �Public� category.Powered by Capital Market - Live News

The Board of Sona BLW Precision Forgings at its meeting held on 23 February 2025 has approved investment for an amount of USD 4 million in ClearMotion Inc. (ClearMotion) either by the Company or through its wholly owned subsidiary in the form of Convertible Preferred Stock on such mutually agreed terms and condition. Powered by Capital Market - Live News

Net profit of Sona BLW Precision Forgings rose 13.93% to Rs 151.19 crore in the quarter ended December 2024 as against Rs 132.71 crore during the previous quarter ended December 2023. Sales rose 11.01% to Rs 867.91 crore in the quarter ended December 2024 as against Rs 781.80 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales867.91781.80 11 OPM %26.9829.74 - PBDT275.25224.95 22 PBT208.70169.04 23 NP151.19132.71 14 Powered by Capital Market - Live News