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Sona BLW Precision Forgings informs about updates

18 Sep 2023 Evaluate

Pursuant to Regulation 30 and Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sona BLW Precision Forgings has informed that United Auto Workers (UAW) in the United States of America went on strike at some of the plants of three Original Equipment Manufacturer (OEMs) on 15th September, 2023. The Company supplies to these three OEMs in the United States, directly or indirectly. The company is monitoring the situation closely. There is minimal impact on the sales of the Company currently, but there may be higher potential impact if this strike persists for long or extends to the other plants. This communication is for information purpose only. The details of above said are also made available at the Company’s website www.sonacomstar.com.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
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