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Sona BLW Declares Interim Dividend and Backs China Unit with Corporate Guarantee

Story Highlights
  • Sona BLW approved Q3 and nine-month FY26 unaudited results and declared an interim dividend of Rs 1.60 per share.
  • The board cleared a corporate guarantee of up to USD 10.9 million to support working capital borrowings of its China subsidiary.
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Sona BLW Declares Interim Dividend and Backs China Unit with Corporate Guarantee

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An update from Sona BLW Precision Forgings Ltd. ( (IN:SONACOMS) ) is now available.

Sona BLW Precision Forgings Ltd. has approved its unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, reaffirming regulatory compliance and ongoing financial disclosure to the market. The board also declared an interim dividend of Rs 1.60 per equity share for FY 2025-26, with 30 January 2026 set as the record date, signaling continued shareholder payouts, and approved the issuance of a corporate guarantee of up to USD 10.9 million (or equivalent in Chinese yuan) to support working capital borrowing facilities of its wholly owned step-down subsidiary, Comstar Automotive (Hangzhou) Co. Ltd., underscoring the company’s commitment to backing its overseas operations and strengthening its international footprint.

More about Sona BLW Precision Forgings Ltd.

Sona BLW Precision Forgings Ltd. (Sona Comstar) is an India-based automotive technology and component manufacturer specializing in precision-forged components and systems for the automotive sector, supplying to global OEMs and focusing on driveline and powertrain solutions, including for electric and conventional vehicles.

Average Trading Volume: 127,393

Technical Sentiment Signal: Sell

Current Market Cap: 276.6B INR

See more data about SONACOMS stock on TipRanks’ Stock Analysis page.

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