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.