Sona BLW Precision Forgings Executes ₹24.60 Crore NSE Block Trade at ₹478 Per Share

1 min read     Updated on 30 Dec 2025, 09:36 AM
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Overview

Sona BLW Precision Forgings Ltd. conducted a significant block trade on the National Stock Exchange (NSE). The transaction involved 514,661 shares at ₹478.00 per share, totaling ₹24.60 crores. This large-scale trade in the auto ancillaries sector suggests continued institutional interest in the precision engineering company.

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Sona BLW Precision Forgings Ltd. has executed a substantial block trade on the National Stock Exchange (NSE), marking a significant transaction in the auto ancillaries sector. The large-scale trade demonstrates continued institutional interest in the precision engineering company.

Block Trade Details

The transaction involved considerable volume and value, reflecting substantial market activity in the company's shares.

Parameter Details
Total Transaction Value ₹24.60 crores
Number of Shares 514,661 shares
Price Per Share ₹478.00
Exchange National Stock Exchange (NSE)

Market Significance

Block trades of this magnitude typically indicate institutional investor activity, such as mutual funds, insurance companies, or foreign institutional investors making strategic portfolio adjustments. The execution at ₹478.00 per share represents a significant single transaction that could influence the stock's trading dynamics.

Company Context

Sona BLW Precision Forgings operates in the auto ancillaries sector, specializing in precision engineering and forging solutions. The company serves as a key supplier to the automotive industry, providing critical components for various vehicle applications.

Transaction Impact

The ₹24.60 crore block trade represents substantial value movement in a single transaction. Such large-scale trades often occur when institutional investors are rebalancing portfolios, executing strategic investments, or when there are significant ownership changes among major stakeholders. This particular trade, involving 514,661 shares at ₹478.00 per share, indicates substantial institutional activity and may have implications for the company's stock performance and investor sentiment.

Historical Stock Returns for Sona BLW Precision Forgings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.02%-0.15%-4.94%+1.28%-19.42%+33.28%
Sona BLW Precision Forgings
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Sona BLW Shareholders Approve Performance Share Plan 2025 for Managing Director

2 min read     Updated on 17 Nov 2025, 08:29 PM
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Reviewed by
Riya DScanX News Team
Overview

Sona BLW Precision Forgings has received shareholder approval for its Performance Share Plan 2025 through postal ballot voting concluded on December 19, 2025. The plan addresses compensation benchmarking disparities for MD Vivek Vikram Singh, offering performance-based equity shares tied to EBITDA growth targets over a five-year implementation period.

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Sona BLW Precision Forgings Limited has successfully secured shareholder approval for its Performance Share Plan 2025 (PSP 2025) for Managing Director and Group CEO Vivek Vikram Singh. The special resolution was passed through postal ballot voting, with results announced on December 20, 2025.

Postal Ballot Results

The company conducted the voting process through remote e-voting from November 20, 2025, to December 19, 2025. The scrutinizer report confirms that the special resolution received the requisite majority from shareholders.

Voting Details: Results
Resolution Type: Special Resolution
Voting Method: Remote e-voting through NSDL
Voting Period: November 20 - December 19, 2025
Outcome: Passed with requisite consent
Scrutinizer: Nitesh Latwal, PI Associates

Key Details of the Performance Share Plan 2025

The approved PSP 2025 aims to address the current below-market compensation of Mr. Singh, which was revealed in a recent benchmarking study. The plan includes:

Plan Parameters: Details
Total Shares: Up to 1.50 million equity shares over 5 years
Eligibility: Exclusively for Vivek Vikram Singh, MD & Group CEO
Performance Metric: Based on year-on-year growth in consolidated EBITDA
Implementation Period: Financial Years 2025-26 to 2029-30
Lock-in Period: 1 year from allotment date for each tranche

Compensation Benchmarking Results

An independent professional firm conducted a compensation benchmarking study, which revealed a significant disparity:

Metric: Industry Average Current Compensation
% of PAT: 2.91% 0.57%

This disparity prompted the Board to take action to bring Mr. Singh's compensation in line with industry standards.

Performance-Based Share Allocation

The number of shares to be offered each year will be determined by the company's EBITDA growth:

Y-o-Y Consolidated EBITDA Growth: Number of Shares Offered
<5%: 0
5%: 100,000
>5% but <35%: 100,000 + 8,333 shares per % growth above 5%
35% or more: 350,000

Company Performance Under Singh's Leadership

Since Mr. Singh's appointment as MD and Group CEO in 2019, Sona BLW Precision Forgings has demonstrated strong growth:

Performance Metric: Growth Rate
Revenue Growth: 31%
Profit After Tax Growth: 35%

Regulatory Compliance

The PSP 2025 adheres to all regulatory requirements, being compliant with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. The total remuneration, including PSP 2025, will remain within the 5% limit of net profits as per Companies Act, 2013.

With shareholder approval now secured, Sona BLW Precision Forgings can proceed with implementing the performance share plan, demonstrating the company's commitment to retaining top talent and aligning executive compensation with company performance and shareholder interests.

Historical Stock Returns for Sona BLW Precision Forgings

1 Day5 Days1 Month6 Months1 Year5 Years
-1.02%-0.15%-4.94%+1.28%-19.42%+33.28%
Sona BLW Precision Forgings
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