Sona BLW Precision Forgings Forms ₹1,750 Crore EV Joint Venture With DENSO

22 July 2026

Sona BLW Precision Forgings Ltd.

Board approved carve-out of 2/3-wheeler EV business via slump sale at ₹893.2 Cr, with DENSO to take 49% stake at enterprise value of ₹1,750 Cr. Second JV with DENSO for 4-wheeler EV motors, Sona holding 49% with ₹26.2 Cr investment.