Gurgaon: Auto technology and mobility solutions provider Sona BLW Precision Forgings Ltd (Sona Comstar) on Friday announced an interim dividend of ₹1.60 per equity share for FY26, alongside approval of its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.
The company said its board has fixed January 30, 2026, as the record date to determine shareholder eligibility for the dividend, which will be paid within 30 days of declaration, in line with regulatory timelines.
In addition, the board approved the issuance of a corporate guarantee of up to $10.9 million (or equivalent Chinese yuan) on behalf of Comstar Automotive (Hangzhou) Co. Ltd, a wholly owned step-down subsidiary, to secure borrowing facilities for working capital requirements. The guarantee will remain valid for a period of five years and will be treated as a contingent liability, with no immediate financial impact on the parent company, Sona Comstar said.
The board meeting, which commenced at 1:53 pm and concluded at 2:54 pm, also took note of limited review reports issued by statutory auditors on both standalone and consolidated financial statements, which carried no material modifications.
Sona Comstar operates across the mobility components and systems segment and has been expanding its global footprint through subsidiaries in China, the US, Europe and Mexico, as part of its strategy to cater to electric vehicle and advanced mobility platforms.