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Sona BLW Precision Forgings Allots Over 10 Lakh Equity Shares Under ESOP Plan 2023

Issued and paid-up equity share capital rises to Rs. 625.18 crores following allotment on October 27, 2026

Sona BLW Precision Forgings Limited allotted 10,07,121 equity shares to employees under the ESOP Plan 2023, raising its issued and paid-up share capital from Rs. 624.17 crores to Rs. 625.18 crores as of October 27, 2026. The new shares rank equally with existing shares, including dividend rights.

1 day ago|SONACOMS-0.67%
Sona BLW Precision Forgings Limited543300SONACOMSCorporate Action

Sona BLW Precision Forgings Limited

Corporate Action

Sona BLW Precision Forgings Limited allotted 10,07,121 fully paid-up equity shares of Rs. 10 each to eligible employees under its ESOP Plan 2023, increasing the company’s paid-up equity share capital to Rs. 625.18 crores as of October 27, 2026.

The shares allotted under the ESOP Plan 2023 carry equal rights with the existing equity shares including dividend entitlement.

Before this allotment, the company's issued and paid-up equity share capital stood at Rs. 624.17 crores comprising 62,41,70,274 equity shares of face value Rs. 10 each.

Post-allotment, the total number of equity shares increased to 62,51,77,395 shares with a face value of Rs. 10 each, resulting in a paid-up capital of Rs. 625.18 crores.

The Nomination and Remuneration Committee approved the allotment on October 27, 2026 to employees who exercised their vested options under the ESOP Plan 2023.

Highlights

  • Allotment date: 27th October 2026
  • Number of shares allotted: 10,07,121 equity shares
  • Face value per share: Rs. 10
  • New issued and paid-up equity share capital: Rs. 625.18 crores
  • Total equity shares after allotment: 62,51,77,395 shares
  • Shares allotted rank pari passu with existing shares, including dividend rights

Key Data Snapshot

Date of allotment27th October 2026
Number of equity shares allotted under ESOP Plan 202310,07,121
Face value per equity shareRs. 10
Issued and paid-up equity share capital before allotmentRs. 6,24,17,02,740
Number of equity shares before allotment62,41,70,274
Issued and paid-up equity share capital after allotmentRs. 6,25,17,73,950
Number of equity shares after allotment62,51,77,395

What happened

  • Sona BLW Precision Forgings allotted 10,07,121 equity shares fully paid-up to eligible employees under the ESOP Plan 2023 as approved by the Nomination and Remuneration Committee on October 27, 2026.
  • The new shares issued have equal rights and dividend entitlement as the existing equity shares.

Key details

  • The face value of each equity share is Rs. 10.
  • This allotment increased the paid-up equity share capital from Rs. 624.17 crores to Rs. 625.18 crores.
  • The total number of equity shares increased to 62,51,77,395 shares after allotment.

Regulatory and governance context

  • The allotment was conducted in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The Nomination and Remuneration Committee of the Board of Directors approved the allotment decision.

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Sona BLW Precision Forgings Allots Over 10 Lakh Equity | Stockk News