Sona Comstar partners with DENSO for joint ventures in electric and hybrid powertrains
Sona BLW Precision Forgings · Auto Components
Key highlights
- Sona Comstar and DENSO signed agreements on July 22, 2026, to form two joint ventures for electric and hybrid powertrain systems.
- One JV targets liquid-cooled systems for four-wheelers with DENSO holding 51% and Sona Comstar 49%; the other focuses on air-cooled systems for two- and three-wheelers with DENSO acquiring 49% after a slump sale of Sona's existing business.
- The transaction values one entity at INR 175 crore (INR 17,500 million), subject to regulatory approvals and customary closing conditions.
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Sona BLW Precision Forgings
- Financial resultsNotableSona BLW Q1 consolidated profit 1,785.13 million; signs DENSO EV JV agreements
- Acquisition / mergerNotableSona BLW Precision Forgings approves carve-out of EV Business and new JV with Denso
- Dividend / buyback / bonusNotableSona Comstar Q4 standalone profit 2,073.41 million; final dividend Rs. 1.80 proposed
- Financial resultsNotableSona Comstar gets unmodified audit opinion on FY2025-26 results; updates Seeyel stake
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Potential multibaggers · Q2 FY27
Potential multibaggers in Auto Components
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.