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Sona BLW Precision Forgings LimitedDividend/Bonus, 23-01-2025: Dividend

23-01-2025 | 04:05 pm

The Board of Directors of Sona BLW Precision Forgings Ltd has approved an interim dividend of ₹1.60 per equity share for FY 2024-25, with a record date set for February 5, 2025. The dividend will be paid within 30 days from the declaration date. Additionally, the Board approved the appointment of Mr. Vikram Verma Vadapalli as Whole Time Director and Mr. Vineet Mittal as Independent Director, both effective January 24, 2025. The company will also invest USD 4 million in ClearMotion Inc. for convertible preferred stock to enhance its technological capabilities.

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