The Sona Group has signed an agreement to acquire the entire stake of its Japanese partner Mitsubishi Materials Corporation in Sona BLW Precision Forgings Limited (SBPFL).
Sona Autocomp Holding Limited, led by Mr. Sunjay J Kapur, today, has entered into an agreement, with its long standing technical and financial collaborator JTEKT Corporation, to sell its entire stake in SKSSL.
The Board of Directors of Sona Koyo Steering Systems, at its meeting held on 30 May 2014, inter alia, has recommended the dividend for the year ended 31 March 2014 at the rate of 80% on 19,87,41,832 nos. of Equity Shares of Re 1 each for the year ended 31 March 2014.
Sona Koyo Steering Systems consolidated Mar '14 sales at Rs 391.66 crore
Sona Koyo Steering Systems net profit declined 8.87% in Q4 2014 quarter
Auto components maker Sona Koyo Steering Systems today reported a big jump in consolidated net profit at Rs 12.62 crore for the second quarter ended September 30, 2013-14.
With domestic demand on a slump, auto component major Sona Koyo Steering Systems is looking to increase exports, mainly to the US to cash in on the rupee depreciation.
Sona Koyo Steering Systems, which manufactures steering systems for passenger cars and utility vehicles, has received the Bronze Trophy for Excellence in Technology (large category) from ACMA at the association’s 53rd Annual Session
Sona Group, one of India’s oldest auto parts suppliers, will soon start a training institute for skills development for the manufacturing industry. Located in Gurgaon, Sona Skill Development Institute is expected to launch in September or early October.
Dr. Surinder Kapur, Founder Chairman of Sona Group shares his Success Mantras with HT team. This article includes excerpts of this exclusive interview in which he defines,"A leader must have selfless agenda"
Dr. Kapur, Chairman, Sona Group accompanied PM of India, Dr. Manmohan Singh, as a representative of Manufacturing sector to participate in IJBLF discussions with Japanese PM and other business leaders in Tokyo, Japan (May, 2013)