Announced Tue, 16 Jun · 21:51 IST
Capex approved for robotics; new Compliance Officer appointed
SONACOMS · price
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Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹599.30
prior close
₹604.90
base price
After-mkt
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AI summary
Sona Comstar's board approved INR 626 million capex to manufacture components and systems for advanced robotics, a new line beyond autos. Separately, interim Company Secretary Suman Poddar and Compliance Officer Arjun Singh resigned effective 16 June 2026, replaced by Pankaj Gupta as SVP Legal, Company Secretary and Compliance Officer from 17 June. Poddar was only interim since 16 April 2026.
Likely market impact
Robotics entry could open new growth avenues. The resignations are a routine interim to permanent transition with successor in place.