Sona BLW Precision Forgings Limited — Board Meeting, 23-10-2024: Outcome of Board Meeting

Sona BLW Precision Forgings Limited announced the approval of its unaudited financial results for Q2 and H1 2024, which showed a profit of ₹1,322.95 million. Additionally, the board approved the acquisition of Escorts Kubota's Railway Equipment Division for ₹1,600 crores. New independent director Mr. Karamendra Daulet Singh was appointed, while independent director Mr. Prasan Firodia resigned. Changes were made to the board committees and the Fair Disclosure Code was updated to meet regulatory requirements.