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Sona BLW Declares Interim Dividend, Extends Corporate Guarantee to Chinese Subsidiary

Story Highlights
  • Sona BLW approved Q3 FY26 results and declared an interim dividend of Rs. 1.60 per share, with 30 January 2026 as the record date.
  • The board authorized a corporate guarantee of up to USD 10.9 million to support working-capital borrowings of its Chinese step-down subsidiary.
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Sona BLW Declares Interim Dividend, Extends Corporate Guarantee to Chinese Subsidiary

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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 and declared an interim dividend of Rs. 1.60 per equity share for the financial year 2025-26, with 30 January 2026 set as the record date for determining shareholder entitlement and payment to be completed within 30 days of declaration. The board has also cleared the issuance of a corporate guarantee of up to USD 10.9 million, or equivalent Chinese yuan, to support the working capital borrowing facilities of its wholly owned step-down subsidiary, Comstar Automotive (Hangzhou) Co. Ltd., underscoring ongoing support for its Chinese operations and potential expansion of its international business footprint.

More about Sona BLW Precision Forgings Ltd.

Sona BLW Precision Forgings Ltd., also known as Sona Comstar, operates in the automotive components industry, manufacturing precision-forged and engineered components for vehicle and mobility applications. The company serves global original equipment manufacturers and related automotive markets from its facilities in India and through overseas subsidiaries, including its step-down subsidiary in China, Comstar Automotive (Hangzhou) Co. Ltd.

Average Trading Volume: 127,393

Technical Sentiment Signal: Sell

Current Market Cap: 276.6B INR

For an in-depth examination of SONACOMS stock, go to TipRanks’ Overview page.

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