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Sona BLW Chairman Kapur Dies, Shares Slide Over 8%

Sona BLW says operations remain uninterrupted following Kapur’s passing

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Overview

  • Sunjay Kapur, the company’s Chairman and Non-Executive Director, passed away in England on June 13, 2025, after serving on multiple industry boards.
  • Shares of Sona BLW Precision Forgings plunged more than 8% in Friday trading before a partial recovery as investors reacted to the leadership loss.
  • In a BSE filing the company affirmed that its business activities and long-term outlook will not change despite the sudden vacancy at the top.
  • For Q4FY25 Sona Comstar reported revenue of Rs 864.8 crore, down 2.2% year-on-year, while its BEV segment grew 8% to Rs 294.4 crore and now accounts for 35% of total sales.
  • The company projects stronger electric-vehicle demand as battery models near price parity with combustion engines by 2030.