Shares of Sona BLW Precision Forgings fell over 2% in early trade on Thursday, July 25, 2025, after a fresh controversy surfaced involving the company’s founding family. As of 11:54 AM, the stock was trading at ₹482.40, down ₹8.40 or 1.71%, with an intraday low of ₹481.70. The stock had closed at ₹490.80 in the previous session, and the company’s current market capitalization stood at ₹300.85 billion.
The decline comes after Rani Kapur, the mother of late Sona BLW Chairman Sanjay Kapur, wrote to the company’s board seeking deferment of the July 25 Annual General Meeting (AGM). She has alleged coercion and misuse of documents, and accused the current management of attempting to usurp the family legacy.
The allegations have triggered investor concerns over potential governance issues and boardroom tussles. With a P/E ratio of 48.80 and a dividend yield of 0.66%, the stock has already been under watch due to its premium valuation.
The AGM, which was expected to be a routine annual procedure, now faces uncertainty following the letter from Rani Kapur. The impact of this development on investor sentiment and board decisions remains to be seen.
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