Sona BLW Precision Forgings Limited — Updates, 28-07-2025: Press Release

Sona Comstar has clarified recent market misinformation impacting shareholder value. The company asserts Mrs. Rani Kapur has had no role since 2019. Sona Comstar emphasizes its independent and professional board, with 9 members including 6 independent directors, and the promoter entity holding only one non-executive seat. As a publicly listed company, 71.98% is held by institutional and public investors, refuting claims of being a family-owned business. Key board appointments were compliant and overwhelmingly ratified by shareholders (98.9% and 99.4%). Sona Comstar states continued false narratives are deeply harmful to shareholder interests.