06-Oct-2026 15:17:19
SONA COMSTAR : SELLS POWER PLANT PROJECT
• Sona BLW Precision Forgings Limited has mutually agreed to terminate the Power Purchase Agreement, Share Subscription Agreement, Shareholders' Agreement and all ancillary agreements with Seeyel Renewables Private Limited and CSE Development (India) Private Limited. • The termination of the Project is effective from September 25, 2026, pursuant to a mutual termination letter accepted on October 5, 2026. • Reasons for termination include a review of business strategy, changes in power requirements, and non-satisfaction of conditions precedent within stipulated timelines. • The termination will have no impact on the company's operations or financial position. Impact: Neutral (Project termination, no material financial impact stated)
Sona BLW Precision Forgings Limited
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