Meeting Details

The 30th Annual General Meeting of Sona BLW Precision Forgings Limited will be held on Wednesday, 15th July 2026 at 12:00 Noon (IST) through Video Conference/Other Audio-Visual Means. The deemed venue is the Registered Office at Sona Enclave, Village Begumpur Khatola, Sector 35, Gurugram 122004, Haryana.

Ordinary Business Items

Item 1: Adoption of Financial Statements

To consider and adopt the Audited Standalone and Consolidated Financial Statements for the financial year ended 31st March 2026, along with Reports of Board of Directors and Auditors.

Item 2: Declaration of Final Dividend

To declare a final dividend of ₹1.80 (One Indian Rupee and Eighty Paisa only) per equity share of face value ₹10 each for FY26, as recommended by the Board at its meeting held on Thursday, 30th April 2026. This is in addition to the interim dividend of ₹1.60 per share declared on 23rd January 2026, making the total dividend for FY26 ₹3.40 per share (34%).

Item 3: Re-appointment of Director

To re-appoint Mr. Vikram Verma Vadapalli (DIN: 03631259) as director liable to retire by rotation. Mr. Vadapalli is Whole Time Director and CEO of Driveline Business, holding 311,042 equity shares in the company. He was first appointed on 6th September 2011 and currently serves on boards of two subsidiaries: Sona Comstar eDrive Private Limited and Sona BLW eDrive Mexicana S.A.P.I.DE.C.V.

Special Business Items

Item 4: Remuneration to Non-Executive Directors

To approve payment of remuneration by way of Commission to Non-Executive Directors (including Independent and Non-Independent Directors) not exceeding 1% of net profits calculated under Section 198 of Companies Act, with an overall annual cap of ₹70,000,000 for five financial years from 2026-27 to 2030-31.

The notice discloses revised commission amounts for non-executive directors:

  • Mr. Jeffrey Mark Overly: USD 100,000 → USD 120,000
  • Mr. Pradip M Kanakia: ₹5,500,000 → ₹9,500,000
  • Mr. Karam Daulet Singh: ₹5,500,000 → ₹7,000,000
  • Mr. Vineet Mittal: ₹5,500,000 → ₹7,000,000
  • Mrs. Manisha Girotra: ₹5,500,000 → ₹7,000,000
  • Mrs. Shradha Suri: ₹5,500,000 → ₹7,000,000
  • Mrs. Priya Sachdev Kapur: ₹5,500,000 → ₹7,000,000

Item 5: Ratification of Cost Auditor Remuneration

To ratify remuneration of ₹375,000 plus applicable taxes and out-of-pocket expenses payable to Jayaram & Associates, Cost Accountants (Firm Registration No. 101077) for conducting cost audit for FY26-27.

Voting Arrangements

Cut-off Date

Wednesday, 8th July 2026 for determining members entitled to vote

Remote E-voting Period

Commences: Sunday, 12th July 2026 at 9:00 AM (IST)

Ends: Tuesday, 14th July 2026 at 5:00 PM (IST)

E-voting Service Provider

National Securities Depository Limited (NSDL)

Dividend Distribution Details

Record Date

Friday, 26th June 2026 for final dividend payment

Payment Timeline

Dividend to be paid within 30 days from shareholder approval at AGM

Tax Deduction at Source

Dividend income taxable in shareholders' hands with TDS applicable:

  • 10% for resident shareholders with valid PAN
  • 20% for resident shareholders without PAN
  • Exemption available for dividend amount not exceeding ₹10,000 per financial year for resident individuals
  • Detailed TDS procedures provided for resident and non-resident shareholders

Additional Information

Scrutinizer Appointment

Mr. Nitesh Latwal (ACS 32109; CP 16276) and failing him Mr. Ajay Khandelwal (FCS 12387; CP 18606) of PI & Associates appointed as scrutinizer for e-voting process.

Document Availability

AGM notice and Annual Report available on company website (www.sonacomstar.com) and stock exchange websites (BSE and NSE). Register of Directors, Key Managerial Personnel shareholding, and other statutory documents available for electronic inspection by members.

Shareholder Communication

Members requested to update email addresses, bank mandates, and KYC details with their Depository Participants for electronic communication and dividend payment.

Rationale for Special Business

For Item 4: Company revenue grew from ₹15,663 million to ₹44,494.60 million and PAT from ₹2,151.65 million to ₹6,291.90 million over 5 years, while overall remuneration cap remains unchanged at ₹70 million.

For Item 5: Cost auditor remuneration remains unchanged from previous financial year.