Sona BLW Precision Forgings Limited has scheduled its 30th Annual General Meeting (AGM) for Wednesday, July 15, 2026, at 12:00 Noon IST via video conference. The meeting will seek shareholder approval for the adoption of financial statements for the financial year ended March 31, 2026, and the declaration of a final dividend of ₹1.80 per equity share. The total dividend for the fiscal year, including an interim dividend of ₹1.60 per share declared earlier, amounts to ₹3.40 per share, representing a payout of 34% on shares with a face value of ₹10 each.

The record date for determining eligibility for the final dividend is Friday, June 26, 2026. Shareholders registered as members or beneficial owners on this date will receive the payout within 30 days of approval at the AGM. The Board of Directors has also recommended the re-appointment of Mr. Vikram Verma Vadapalli, Director liable to retire by rotation, and the ratification of remuneration for cost auditors.

Agenda for the 30th AGM

The AGM will transact ordinary and special business, including the adoption of audited standalone and consolidated financial statements. Shareholders will vote on the payment of remuneration to Non-Executive Directors, capped at 1% of net profits or ₹70,000,000 annually for five financial years starting from 2026-27. The ratification of remuneration for cost auditors, Jayaram & Associates, at ₹375,000 plus applicable taxes for FY27, is also on the agenda.

E-voting and Participation Details

Remote e-voting will commence on Sunday, July 12, 2026, at 9:00 A.M. IST and conclude on Tuesday, July 14, 2026, at 5:00 P.M. IST. The cut-off date for determining eligibility to vote is Wednesday, July 8, 2026. Members can cast their votes through the NSDL e-voting system. Those who have voted via remote e-voting are not eligible to vote again during the meeting.

Key AGM and Dividend Dates

The Board has approved revised commission rates for Non-Executive Directors, subject to shareholder approval. The revised annual commission for Mr. Jeffrey Mark Overly is USD 120,000, while commissions for other Non-Executive Directors such as Mr. Pradip M Kanakia and Mr. Karam Daulet Singh have been increased to ₹9,500,000 and ₹7,000,000 respectively.

Sona BLW Precision Forgings Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 on June 20, 2026. The filing, submitted to BSE Limited and National Stock Exchange of India Limited, outlines the company's environmental, social, and governance performance. The report discloses that the company achieved its target of generating more than 45% of revenue from supplies for Low Carbon Mobility ahead of schedule, driven by electric vehicle components and railway supplies. This milestone underscores the company's commitment to supporting clean transport solutions and sustainable innovation.

Environmental Performance

The company improved its energy intensity by 13% to 9.61 GJ per million rupees of turnover and reduced water intensity by 25% to 3.13 KL per million rupees of turnover. Renewable energy accounted for 4% of total energy consumption, with 16,847 GJ generated from renewable sources. Total energy consumption stood at 4,27,444 GJ, while total water consumption was 1,39,469 kilolitres. The company reported a Zero Liquid Discharge (ZLD) plant at its Gurugram site and recycled or reused 21,413 metric tonnes of waste, with 97% of waste recycled or reused.

Social and Governance Metrics

Sona BLW Precision Forgings reported a total workforce of 6,691, comprising 1,831 employees and 4,860 workers. Women represented 8.3% of employees and 5.9% of workers. The Board of Directors included 3 women out of 9 members. The company spent 0.25% of total revenue on well-being measures for employees and workers. Safety metrics remained robust, with zero Lost Time Injury Frequency Rate (LTIFR), zero fatalities, and zero recordable work-related injuries. The company received reasonable assurance on its sustainability information from Grant Thornton Bharat LLP.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE073K01018/f982f7e849804fb9.pdf