Sona BLW Precision Forgings declares INR 1.80 dividend at AGM
Sona BLW Precision Forgings Ltd held its 30th AGM on July 15, 2026, via video conferencing, declaring a final dividend of INR 1.80 per share for FY26. Shareholders approved the adoption of audited financial statements, re-appointed a director, and ratified cost auditor remuneration.

*this image is generated using AI for illustrative purposes only.
Sona BLW Precision Forgings declared a final dividend of INR 1.80 per equity share for the financial year ended March 31, 2026, at its 30th Annual General Meeting (AGM) held on July 15, 2026. The dividend is applicable to shares with a face value of INR 10 each. The meeting was conducted through video conferencing and other audio-visual means in compliance with the Companies Act, 2013, and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Mr. Jeffrey Mark Overly, Chairman of the Company, chaired the meeting, which was attended by 147 members. The proceedings included the adoption of the audited standalone and consolidated financial statements for FY26. The Company Secretary confirmed that the audit reports on these financial statements contained no qualifications, reservations, or adverse remarks.
The shareholders approved five ordinary resolutions during the meeting. These included the re-appointment of Mr. Vikram Verma Vadapalli as a director liable to retire by rotation and the ratification of the remuneration of cost auditors for the financial year 2026-27. Additionally, the meeting approved the payment of remuneration to non-executive directors, including independent and non-independent directors.
Resolutions Passed at the 30th AGM
| Item No. | Description | Resolution Type |
|---|---|---|
| 1 | Adoption of Audited Standalone & Consolidated Financial Statements and Auditor's Reports for FY26 | Ordinary Resolution |
| 2 | Declaration of final dividend of INR 1.80 per equity share for FY26 | Ordinary Resolution |
| 3 | Re-appointment of Mr. Vikram Verma Vadapalli as director, liable to retire by rotation | Ordinary Resolution |
| 4 | Approval of remuneration to Non-Executive Directors | Ordinary Resolution |
| 5 | Ratification of the remuneration of the Cost Auditors for FY27 | Ordinary Resolution |
Remote e-voting for the resolutions was conducted from July 12, 2026, to July 14, 2026, via the NSDL e-voting platform. Members who had not voted remotely were permitted to cast their votes electronically during the meeting. The results of the voting are scheduled to be announced within two working days of the conclusion of the meeting and will be displayed on the Company's website, the NSDL portal, and the stock exchanges.
Historical Stock Returns for Sona BLW Precision Forgings
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.85% | +8.95% | +16.99% | +63.46% | +48.90% | +64.93% |
How will the declared dividend impact Sona BLW's cash flow and future investment plans?
What strategic initiatives is the company likely to prioritize in FY27 following the approval of audited financial statements?
How might the re-appointment of Mr. Vikram Verma Vadapalli influence the company's governance and long-term direction?


































