Sona BLW Precision Forgings Share Price Today

Sona BLW ends Chennai solar project over unmet agreement terms

Sona BLW Precision Forgings has terminated its solar power project located in Chennai. The termination was driven by changed power requirements within the company. Unfulfilled terms of the agreement with Seeyel Renewables and CSE Development also contributed to the decision.

Sona BLW shareholders approve related party deal with 94.49% votes

Ordinary resolution to ratify material related party transactions with Sona Comstar eDrive Private Limited passed with 94.49% votes in favour. Institutional investors voted on 91.64% of their shares, showing 94.43% support for the resolution. Retail non-institutional shareholders supported the deal with 99.88% votes in favour. Promoter and promoter group abstained from voting on the matter.

CAFE-III norms from FY28 award 3x super-credit to BEVs

CAFE-III norms effective from FY28 will award a 3x super-credit to battery electric vehicles (BEVs). The super-credit incentivises OEMs to expand BEV portfolios to meet fleet-average fuel efficiency compliance targets. Higher OEM focus on BEVs is expected to accelerate demand for EV drivetrains and components. Sona BLW Precision Forgings, as an EV drivetrain and component supplier, is positioned within this regulatory shift.

Sona BLW shares investor deck from Jefferies 5th India Forum

Sona BLW Precision Forgings shared its investor deck post-Jefferies forum. FY26 revenue reached ₹44,752 million, up from ₹35,545 million in FY25. Q1FY27 actual revenue stood at ₹13,104 million. Strategy focuses on robotics, physical AI, and global partnerships.

Sona BLW Precision Forgings seeks approval for related party transactions

Postal ballot initiated for related party transactions with Sona Comstar E-Drive. Remote e-voting open from September 4, 2026, to October 3, 2026. Cut-off date for eligibility set at August 28, 2026. NSDL engaged to provide secure e-voting facility. Results to be declared within two working days of voting closure.

Sona BLW Precision Forgings faces ₹2.15 Cr GST order

Sona BLW Precision Forgings Limited disclosed a GST order dated July 31, 2026, demanding INR 2,15,03,832 for Input Tax Credit reversal and a penalty of INR 21,05,192. Issued by the Chennai tax authority, the order cites excess GST charged by suppliers between April 2022 and March 2024. The company plans to appeal and expects no material adverse impact.