Sona BLW Precision Forgings Limited has approved a capital expenditure of Rs 62.60 crore for manufacturing components and systems for the robotics industry, including advanced robotics. The board approved the investment at its meeting held on June 16, 2026, based on the recommendation of the Capex Committee.
The foray into robotics components marks a new line of business for the automotive components manufacturer. Sona BLW expects this to provide access to new end markets and application areas beyond the automotive industry, to broaden the product portfolio, and to create long-term growth opportunities.
The board also accepted the resignation of Ms. Suman Poddar as Company Secretary and Mr. Arjun Singh as Compliance Officer, effective from the close of business hours on June 16, 2026. Both were serving in interim capacities.
Mr. Pankaj Gupta has been appointed as Senior Vice President (Legal), Company Secretary and Compliance Officer, effective June 17, 2026. The appointment was made on the recommendation of the Nomination and Remuneration Committee. Mr. Gupta is a qualified Company Secretary with over 27 years of experience across listed Indian groups and multinational corporations in the manufacturing and automotive sectors.
The board meeting commenced at 4:11 p.m. IST and concluded at 7:33 p.m. IST on June 16, 2026.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.