Sona BLW Precision Forgings to Announce Q1 FY26 Results on August 4, 2025

2 min read     Updated on 29 Jul 2025, 12:43 PM
scanxBy ScanX News Team
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Overview

Sona BLW Precision Forgings Limited (Sona Comstar) will release its Q1 FY26 financial results on August 4, 2025. An earnings conference call is scheduled for 4:30 PM IST the same day. The company recently clarified its governance structure, emphasizing it's not a family-owned business with 71.98% shareholding held by institutional and public investors. Sona Comstar operates under professional management and an independent board.

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*this image is generated using AI for illustrative purposes only.

Sona BLW Precision Forgings Limited (Sona Comstar), a leading mobility technology company, is set to release its financial results for the first quarter of the fiscal year 2026 on August 4, 2025. The company, known for providing mission-critical systems and components to automotive OEMs and safety systems for railways in India, has scheduled an earnings conference call for the same day.

Financial Results Announcement

Sona Comstar will unveil its quarterly results for the period ended June 30, 2025, on Monday, August 4, 2025. The earnings documents will be made available on the company's official website, www.sonacomstar.com , for investors and analysts to review.

Earnings Conference Call

Following the results announcement, the company will host an earnings conference call at 4:30 PM IST on August 4, 2025. During this call, the management will discuss the company's performance for the quarter ended June 30, 2025, and address questions from participants.

Participation Details

Interested participants can register for the webcast through the provided link. The details for the conference call are as follows:

Item Details
Date and Time August 4, 2025, at 4:30 PM IST
Event Number 2369 998 9607
Password 20252025
Registration Link https://nomura.webex.com/weblink/register/rb417c2e39683518c91de8d09adb6c95e

For those unable to attend the live call, a recording of the webcast will be archived on the company's website for future reference.

Investor Relations Contact

For further information or queries, investors can reach out to:

Mr. Amit Mishra Head of Investor Relations Email: amit.mishra@sonacomstar.com

Recent Clarifications

In a recent press release dated July 28, 2025, Sona Comstar addressed certain market rumors and clarified its governance structure. The company emphasized its commitment to transparency and good governance, stating that it is not a family-owned business as alleged. With approximately 71.98% of its shareholding held by institutional and public investors, and the promoter entity holding a 28.02% stake, Sona Comstar operates under professional management and an independent board.

The company also clarified that Mrs. Rani Kapur has had no role in Sona Comstar since at least 2019 and has no locus standi on any matter related to the company. Furthermore, the company addressed recent board appointments, confirming their compliance with applicable laws and corporate governance norms.

As Sona Comstar prepares to announce its Q1 FY26 results, investors and analysts will be keen to assess the company's performance and future outlook in the dynamic automotive and railway safety systems sectors.

Historical Stock Returns for Sona BLW Precision Forgings

1 Day5 Days1 Month6 Months1 Year5 Years
-2.55%-8.40%-6.61%-10.86%-33.82%+24.46%
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Sona BLW Precision Forgings Refutes Allegations, Emphasizes Professional Governance

2 min read     Updated on 28 Jul 2025, 04:27 PM
scanxBy ScanX News Team
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Overview

Sona BLW Precision Forgings Ltd. has firmly denied allegations made by Rani Kapur, mother of late Sona Comstar chairman. The company clarified it's not a family-run business, with 71.98% shareholding held by institutional and public investors. Sona BLW stated Rani Kapur has no role or shareholding in the company since 2019. The company defended its director appointments, emphasizing compliance with laws and strong shareholder approval. Sona BLW highlighted its professional management structure, independent board, and expressed concern over false narratives affecting shareholder value. The company refused to postpone its AGM following Rani Kapur's request, citing her lack of standing in company affairs.

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*this image is generated using AI for illustrative purposes only.

Sona BLW Precision Forgings Ltd. , a leading auto parts manufacturer, has strongly denied allegations made by Rani Kapur, mother of late Sona Comstar chairman Sunjay Kapur, regarding coercion and unauthorized director appointments. The company has issued a comprehensive clarification, addressing various points of contention and emphasizing its commitment to transparency and good governance.

Denial of Family-Run Business Claims

Sona BLW has categorically stated that it is not a 'family-run' business, contrary to allegations. The company clarified that approximately 71.98% of its shareholding is held by institutional and public investors, with the promoter entity holding only a 28.02% stake. This ownership structure underscores the company's status as a professionally managed, publicly listed entity.

Rani Kapur's Role and Shareholding

The company has firmly stated that Rani Kapur has not held any direct or indirect role in Sona Comstar since at least 2019. According to official records, she is neither a shareholder, director, nor officer of the company. Sona BLW described her claims of being coerced to sign documents as 'legally untenable' and emphasized that she has no locus standi on any matter related to the company.

Board Appointments and Shareholder Approval

Addressing concerns about director appointments, Sona BLW defended the reappointment of Jeffrey Mark Overly as an Independent Director and the appointment of Priya Sachdev Kapur as a Non-Executive Director. The company stated that these appointments were fully compliant with all applicable laws and corporate governance norms. Notably, both appointments received overwhelming shareholder approval, with 98.90% and 99.40% votes in favor, respectively.

Professional Management and Board Composition

Sona BLW highlighted its professional management structure and independent board governance. The company's board consists of nine members, including:

  • Two executive directors with no affiliation to the Kapur family
  • Six independent directors
  • One non-executive board seat held by the promoter entity

The company emphasized that the promoter entity has no involvement in day-to-day management or strategic control.

Concerns Over False Narratives

The company expressed deep concern over the dissemination of false narratives in the media, describing such actions as 'reckless' and 'deeply harmful' to company interests. Sona BLW stated that these unfounded allegations have resulted in erosion of shareholder value, affecting over 400,000 public shareholders.

AGM Postponement Request

After receiving Rani Kapur's request to defer the Annual General Meeting (AGM), the company sought legal advice. Sona BLW concluded that it could not postpone the meeting since Rani Kapur is not a shareholder and has no standing in company affairs.

In conclusion, Sona BLW Precision Forgings has strongly refuted all allegations, emphasizing its commitment to professional management, transparent governance, and the protection of all stakeholders' interests. The company urges stakeholders to rely solely on verified information and official company disclosures filed with stock exchanges and regulatory authorities.

Historical Stock Returns for Sona BLW Precision Forgings

1 Day5 Days1 Month6 Months1 Year5 Years
-2.55%-8.40%-6.61%-10.86%-33.82%+24.46%
Sona BLW Precision Forgings
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