Sona Blw Precision Forgings Limited has informed the Exchange regarding 'Corrigendum to 29th AGM Notice of the Company'.
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Sona BLW Precision Forgings has issued a corrigendum to its 29th Annual General Meeting (AGM) Notice and Annual Report for FY 2024-25 to correct a typo error. The correction relates to the remuneration of Mr. Jeffery Mark Overly (DIN: 09041143), an Independent Director proposed for re-appointment under Item No. 5 of the AGM Notice. His remuneration was incorrectly stated as USD 1 million on pages 414-415 of the Annual Report and pages 21-22 of the AGM Notice Annexure A; the correct figure is USD 0.1 million (USD 100,000). The company has asked shareholders to read the AGM Notice and Annual Report along with this corrigendum.
This is a minor administrative correction that significantly reduces the disclosed remuneration figure (from USD 1 million to USD 0.1 million). It has no material impact on the company's financials, business, or shareholder value — it only fixes a typographical error in the AGM documents.