Sona BLW Precision Forgings Limited — Board Meeting, 10-02-2025: Outcome of Board Meeting

The Board has approved amendments to the Business Transfer Agreement (BTA) with Escorts Kubota for acquiring the Railway Equipment Division (RED). Key updates include a revised timeline for the transfer of business-related registrations and a new expected completion date of May 1, 2025. Additionally, the Board greenlit purchasing a land plot of 33,423 square yards for INR 110 Cr, intended for future expansion. This strategic acquisition aligns with the company’s growth plans, allowing for operational synergies in line with the RED business.