Sona BLW Precision Forgings Limited, known as Sona Comstar, recently saw its Non-Executive Director, Priya Kapur, conduct a two-day visit to the company's Chennai manufacturing plant and R&D centre. This visit comes at a time when the company is navigating through a complex family inheritance dispute.

Facility Visit Highlights

During her visit, Priya Kapur engaged with leadership, engineers, and shop-floor employees, emphasizing the importance of people and their dedication to the company's progress. The Chennai facility, which has evolved from a single-product unit, now serves as an innovation hub covering:

• Internal-combustion systems
• Hybrid powertrain systems
• Electric powertrain systems

Kapur reaffirmed the company's commitment to sustainable mobility platforms during the visit.

Ongoing Family Dispute

The visit occurs against the backdrop of a boardroom and inheritance dispute. Key points of the dispute include:

• Allegations by Rani Kapur of coercion
• Questions raised about board appointments and shareholding changes
• Sona Comstar's stance that the allegations are baseless and legally untenable

Company's Position

Sona Comstar has issued statements addressing the dispute:

• The company maintains that Rani Kapur has held no shareholding or directorship since 2019
• All governance processes are stated to comply with regulatory norms
• The board is described as consisting of professional management and independent directors
• The promoter entity is said to hold only non-executive nomination rights

Financial Performance

In its recent financial results for Q2 FY2026, Sona Comstar reported:

The company's performance shows robust growth despite the ongoing corporate challenges.

Investor Communication

Following the release of its Q2 results, Sona Comstar held an investor call. The company has made the audio/video recording of this call available on its website, demonstrating its commitment to transparency and shareholder communication.

As Sona Comstar continues to navigate through these corporate governance challenges, the company's operational performance and commitment to innovation remain strong. The ongoing dispute underscores the importance of clear succession planning and robust corporate governance structures in family-led businesses.

In a surprising turn of events, the family of the late Sunjay Kapur has discovered they no longer hold any shares in Sona Comstar, the company built by Sunjay's parents, Surinder and Rani Kapur. This revelation comes in the wake of Sunjay Kapur's untimely death, adding a layer of complexity to the family's grief and raising questions about the company's ownership structure.

Family Left in the Dark

Mandhira Kapur, Sunjay's sister, disclosed that the family recently learned of their loss of ownership in Sona Comstar. She expressed shock at the discovery that their mother, Rani Kapur, who served as the chairperson of Sona Comstar, no longer holds shares in the company she co-founded with her late husband.

"Everything we owned was placed into a trust," Mandhira stated, highlighting the family's current struggle to reclaim what they view as their father's legacy. She further emphasized that the family has been kept uninformed about numerous matters related to the company and their holdings.

Mysterious Circumstances Surrounding Sunjay's Death

Adding to the family's distress is the lack of clarity surrounding Sunjay Kapur's death. Initially thought to be caused by a bee sting, this theory was not supported by the post-mortem report. Mandhira revealed that the family was not provided with the post-mortem report directly and had to obtain it through media sources, further complicating their understanding of the situation.

Leadership Changes at Sona Comstar

In the aftermath of Sunjay Kapur's passing, Sona Comstar's board took swift action to appoint new leadership. On June 23, Jeffery Mark Overly was named as the new chairman of the company, marking a significant change in the organization's top management.

A Family's Fight for Legacy

The Kapur family now finds themselves in a challenging position, fighting for what they believe is rightfully theirs while grappling with the loss of a family member and the sudden discovery of their changed financial status. This situation raises important questions about corporate governance, family-owned businesses, and the complexities of generational wealth transfer.

As this story continues to unfold, stakeholders and industry observers will be watching closely to see how the dispute over Sona Comstar's ownership is resolved and what implications it may have for the company's future operations and leadership.