Sona Blw Precision Forgings Limited has informed the Exchange about Scrutinizer Report and voting result for Shareholders meeting
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Awaiting price reaction for this filing.
Sona BLW Precision Forgings held its 29th AGM on 25th July 2025, and all 9 resolutions placed before shareholders were passed with the requisite majority. Key items approved include the adoption of audited financial statements for FY25, a final dividend of ₹1.60 per equity share of ₹10 face value, and the re-appointment of Mr. Vivek Vikram Singh as director liable to retire by rotation. Shareholders also approved the re-appointment of Mrs. Shradha Suri and Mr. Jeffrey Mark Overly as Independent Directors, appointment of Mrs. Priya Sachdev Kapur as Non-Executive Director, appointment of Secretarial Auditors, ratification of Cost Auditor remuneration for FY26, and alteration of the Object Clause of the Memorandum of Association. Voting participation was about 87.3% of total shares, with promoters and promoter group voting 100% in favour of all resolutions.
Routine procedural clearance with no material surprises; the ₹1.60 dividend confirms shareholder returns and the MOA object clause change gives the company more operational flexibility. The re-appointment of Shradha Suri as Independent Director saw relatively higher dissent (~11% against), though it comfortably cleared the special resolution threshold, and is unlikely to move the stock.