Businessman Sunjay Kapur's passing triggers power struggle and familial discord
Rani Kapur, the late Sunjay Kapur's mother and former majority shareholder of the Sona Group, has raised concerns over the recent happenings at Sona Comstar. In a series of events, Rani Kapur has accused the company's board of coercing her into signing critical documents shortly after her son's demise in June 2025, without giving her the chance to read or understand them.
Rani Kapur claims that these documents are now being misused to push for a power grab at Sona Comstar. She has questioned the legitimacy of board appointments, including her daughter-in-law, Priya Sachdev Kapur, who is now representing herself as the largest shareholder and has been appointed as a Non-Executive Director.
However, Sona Comstar has firmly rejected these allegations. The company stated that Rani Kapur has not been a shareholder since 2019 and has not signed any documents post Sunjay Kapur's demise. The company also pointed out that the majority stake is held by the public and a corporate promoter, Aureus Investments Private Limited (AIPL), which nominated Priya Sachdev Kapur to the board.
The 29th AGM, which was scheduled for 1 pm on July 25, 2025, took place as scheduled, despite Rani Kapur's request for a two-week postponement. The board also emphasized compliance with all legal and regulatory norms surrounding the AGM and shareholder representation.
This dispute indicates a serious family and corporate succession conflict following the sudden passing of Sunjay Kapur. There are conflicting claims over shareholder status, board legitimacy, and document authenticity. Rani Kapur has expressed her concerns about her enemies trying to usurp her family's legacy while she mourns her son.
[1] Sona Comstar AGM Scheduled for July 25, 2025 [2] Rani Kapur Writes Letter to Sona Comstar Board [3] Sona Comstar Responds to Rani Kapur's Allegations [4] Priya Sachdev Kapur Appointed as Non-Executive Director at Sona Comstar
- Rani Kapur, in her recent letter to the Sona Comstar board, has expressed her concerns about the involvement of finance and business matters in the industry, alleging that her opponents are exploiting her son's demise to grab power through questionable means and manipulate documents related to the company.
- Amid the ongoing family succession conflict at Sona Comstar, Rani Kapur has questioned the legitimacy of her daughter-in-law, Priya Sachdev Kapur, who serves as a Non-Executive Director, and the authenticity of the documents she has been accused of misusing for financial gain and control over the business, thus challenging the current dynamics of the entire industry.
