Announced Tue, 16 Jun · 21:41 IST
Sona Comstar approves ₹62.6 cr capex for robotics; leadership changes
Capex & Operations View source PDF
SONACOMS · price
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AI summary
Board approved ₹626 million capex to manufacture components and systems for the advanced robotics industry, marking a new business line beyond automotive. Interim Company Secretary Suman Poddar and Compliance Officer Arjun Singh resigned effective June 16, 2026. Mr. Pankaj Gupta, a legal and governance veteran with 27+ years of experience across listed Indian groups and MNCs, appointed as new SVP-Legal, Company Secretary and Compliance Officer from June 17, 2026.
Likely market impact
Diversification into robotics opens a new growth avenue beyond auto. New CS/Compliance Officer brings seasoned governance experience, broadly positive.