Purpose | AGM Date | Announcement Date |
---|---|---|
AGM | 28 Jun 2024 | 4 Jun 2024 |
AGM 28/06/2024 Annual Report (As Per BSE Announcement Dated on: 04/06/2024) Proceeding of 28th AGM of the Company held on 28th June, 2024. (As per BSE Announcement Dated on 28/06/2024) Scrutinizer report along with e-voting results for 28th AGM (As Per BSE Announcement Dated on 02.07.2024) |
Sona BLW has agreed to acquire Escort Kubota's 'Railway Equipment Division' company as a going concern on a slump sale basis.
The QIP proceeds will strengthen the company's capital structure to support its organic and inorganic growth goals.
Sona BLW Precision Forgings is an Indian-based worldwide automotive systems and components manufacturer with ten sites in India, China, Mexico, and the United States.
The fund raising committee (FRC) approved the QIP's opening on September 4, 2024, which is also the "relevant date" for the issue.
Here are some of the stocks that may see significant price movement today: Reliance Industries, Suzlon Energy, Century Textiles & Industries.
The company also stated that the cash will allow them to evaluate the best financing structure for growth ambitions.
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