Latest news with #SonaComstar
NDTV
an hour ago
- Entertainment
- NDTV
After Priya Sachdev, Sunjay Kapur's Stepdaughter Safira Changes Surname. Here's How The Internet Reacted
New Delhi: Businessman and Karisma Kapoor's ex-husband Sunjay Kapur died after suffering a cardiac arrest during a polo match in London on June 12, 2025. But what has caught everyone's attention is the recent developments within the family. One of which is his wife, actress Priya Sachdev, who changed her name and Instagram bio after joining his company's board. He was the chairman of Sona Comstar, a global auto components company based in Gurugram. New reports now suggest that Priya's daughter, Safira Chatwal from her first marriage, has also changed her name. What's Happening After taking over her role on the board of Comstar, Priya Sachdev Kapur changed her Instagram name to 'Priya Sunjay Kapur', to reflect her new position. Now, speculations are rife that her daughter, Safira, from her first marriage to Vikram Chatwal, American hotelier and actor, has followed her mother's footsteps too. This happens amid the ongoing Rs 30,000-crore succession battle between Priya Sachdev and her mother-in-law, Rani Kapur. A Reddit thread went viral on the same, which stated, "The drama is playing out. Priya Sachdev's daughter, whose name on Instagram until last month was Safira Chatwal. Now she suddenly dropped her surname 'chatwal'. Priya went from Priya Sachdev Kapur to Priya Sunjay Kapur. This home wrecker is so cunning. Moved into Sunjay's home with her daughter even before Karisma was divorced. I think Karisma's kids' inheritance is at risk. This woman already has the company's CEO on her side.... even some board members too." Reddit A report by stated that the Internet has been coming up with several theories while the family feud continues. However, there's no official confirmation on Safira's name change yet. As for her Instagram account, she has dropped the surname Chatwal in her bio. How The Internet Reacted Mixed reactions were received online, while some supported Priya Sachdev and her daughter, Safira, a few slammed them. One person commented, "But Sunjay had officially adopted Safira as his daughter. So she's entitled to her share of his property." Another post reads, "Property pe haq toh biological bacchon ka hi banta hai. Also, Priya's first daughter's father himself is super rich." Someone else mentioned, "Sanjay wrecked his home himself. Karishma left him due to torture and abuse, not due to cheating." Another person said, "Priya has been magically appointed as a director of the company at the last AGM. Non-exec directors are paid salaries. She was not one of the board of directors for all of Sunjay's life. This does say a lot about where she stands." About The Ongoing Feud As of the latest updates, Sunjay Kapur's mother, Rani Kapur, has taken steps to stop an Annual General Meeting of the company, Sona BLW Precision Forgings (Sona Comstar). This took place based on her claims that she was "compelled to sign various documents without explanation" while grieving her son's death. In an emotional letter to the Sona Comstar board, she mentioned that she was the major shareholder of the company. "Despite being under immense mental and emotional distress, I was coerced into signing such documents behind locked doors and, though I've repeatedly requested, the contents of such documents have never been revealed to me," Ms Kapur wrote in her letter." "Please also take note, I have been totally denied access to my accounts and have been left to the mercy of a select few for survival. All this, in less than a month of my only son passing away," concluded Rani Kapur. In A Nutshell After Priya Sachdev, her daughter, Safira, has also reportedly changed her name. While there is no official statement issued by the family, Redditors spotted that Safira had dropped "Chatwal" from her surname. Safira Chatwal is Priya Sachdev's daughter with her first husband, Vikram Chatwal.
Time of India
2 hours ago
- Business
- Time of India
Priya Sachdev Steps Into Power After Husband's Death
Priya Sachdev Kapur, wife of the late industrialist Sunjay Kapur has updated her Instagram handle to 'Priya Sunjay Kapur' and revised her bio to feature her role as Non‑Executive Director at Sona Comstar. This move coincides with a highly publicized succession battle worth approximately ₹30,000 crore involving her and Sunjay's mother, Rani Kapur .Rani Kapur alleges she was coerced into signing documents following Sunjay's sudden demise on June 12, 2025 during a polo match in England. She claims the status of majority shareholder and objected to the boardroom changes, including Priya's appointment at the AGM on July 25 .The company asserts that Rani had ceased to be a shareholder since 2019 and that Priya's appointment followed full regulatory compliance.
Economic Times
2 hours ago
- Business
- Economic Times
Sona fires salvo, issues cease-&-desist notice to Rani Kapur
Sona BLW Precision Forgings (Sona Comstar) has cranked up the heat by issuing a cease-and-desist notice to Rani Kapur, mother of Sunjay Kapur, the former chairman of the company, to restrain her from spreading unlawful and defamatory information, said people in the know. Claiming significant reputational and financial damages solely due to her communication, the notice has also asked Rani to withdraw her letter dated July 24th to the company's board, shareholders and various other stakeholders within 24 hours. Failure to comply within 3 days of receiving the notice could result in civil or criminal actions against her and any other person found to be involved with her, the notice has warned. 'Vehemently denying' all the allegations made by her late last week, regarding mismanagement and coercion, the company has claimed the allegations were 'malafide, false, unwarranted and uncorroborated.' Legal sources close to Rani Kapur confirmed that they have received the notice from the company through law firm DSK Legal. They said she is also in the process of filing a reply in due course of time after discussing with her legal counsels. 'The way things are panning out, including blocking of all the information and banks accounts of Rani, she is left with no option to move the National Company Law Tribunal.,' these sources said, adding the NCLT Chandigarh may be the right forum. Rani on Thursday had sought the deferment of the company's annual general meeting (AGM) while alleging that she was 'coerced' into signing documents behind locked doors when she was grieving, and that some people were trying to usurp Kapur family's legacy. The company went ahead with the AGM, after it sought legal advice, claiming Rani was not a shareholder of the company and thus had no legal ground to seek a postponement. Sunjay Kapur passed away at 53 on June 12 after suffering a heart attack in the UK while he was playing polo. On Monday, the company upped the ante by sending the notice to Rani and also sent a copy to the stock market regulator, Sebi, the sources mentioned above notice also questioned the timing of Rani's 'ill-advised and factually wrong' letter, sent just one day prior to the AGM. That, it said, shows motive to cause harm to the company and illegal interference. Rani, the letter reiterated, is not a shareholder and has no role in operations. Neither did she hold any managerial, executive or fiduciary role in the company at least since on the fact that the company has turned around its operations after the death of founder Surinder Kapur largely on account of its 'professionally managed business operations.'Currently 71.98% of the company is held through public shareholders, including institutional shareholders like banks, mutual funds, financial institutions and FIIs. 28.02% of the company is held by the promoters via Aureus Investments Pvt Limited (AIPL) After the sudden death of Sunjay, the company, as per its notice, maintained full transparency and made required public disclosures, appointed a new chairman, and held an AGM. Sunjay's wife Priya Sachdev was appointed a non-executive director of the board based on a nomination received from AIPL. Her appointment was also ratified by shareholders on Friday's AGM. Outcomes of all board meetings have also been informed to the regulatory authorities and are publicly available. The company has therefore described her actions as 'lamentable.'Shares of Sona BLW have been down close to 3 percent over the past five company also issued a public statement on Monday evening to 'protect' shareholders' interest in the middle of the ongoing tussle over family representation on the board, clarifying that Rani has 'no locus standi' on any matter related to the rubbishing claims that Sona is a family run enterprise, the statement said the promoter vehicle Aureus Investments Aureus has no special rights or control, and is represented by only one non-executive board seat since the public issue of the company. The six independent directors and two executive directors currently on board have no relation to the family."The current board of 9 members include two executive directors — both seasoned professionals with no affiliation to the Kapur family — and six independent directors with exemplary reputations and distinguished careers. The promoter entity holds no executive roles and has no involvement in day-to-day management or strategic control of the Company," said the statement. ( Originally published on Jul 28, 2025 )
Time of India
3 hours ago
- Entertainment
- Time of India
"If PM Modi speaks..." Congress Slams PM Modi despite his repeated clarifications on Trump's claim
Reports: Karisma Kapoor Seeks Stake In Sunjay Kapur's ₹30,000 Crore Empire A month after the sudden death of industrialist Sunjay Kapur (chairman of Sona Comstar) on June 12, 2025, his vast estate estimated at ₹30,000 crore is now engulfed in a legal and familial storm. According to reports, his ex-wife Karisma Kapoor has approached the company seeking a share in the inheritance, despite having received ₹70 crore alimony during their divorce in 2016. At the same time, Sunjay's mother Rani Kapur has claimed she is the rightful heir and majority stakeholder in the Sona Group, accusing unnamed parties of 'coercion and estate manipulation'.Karisma has yet to confirm any demand publicly. The drama raises questions about inheritance rights, blended families, and Bollywood‑industrial ties. 59.5K views | 1 day ago
New Indian Express
4 hours ago
- Business
- New Indian Express
Priya Sachdev's Instagram move escalates Rs 30,000 crore succession feud
CHENNAI: Priya Sachdev Kapur, the widow of the late Sunjay Kapur, updated her Instagram identity following her appointment as a non-executive director of Sona Comstar. She changed her handle from "Priya Sachdev Kapur" to "Priya Sunjay Kapur," signaling her alignment with her late husband's legacy. Her updated bio read: 'Mother. Entrepreneur. Investor. Non‑Executive Director, Sona Comstar. Director, Aureus Investment. Carrying forward the vision of @sunjaykapur.' Shortly after making these changes, Priya deleted her Instagram account entirely, sparking speculation and highlighting growing concerns over privacy and control within the ongoing succession dispute. There are also unconfirmed reports that Priya's daughter from her previous marriage, Safira, may have dropped the surname "Chatwal" in favor of "Kapur." Observers believe this move could be linked to inheritance positioning and legal identity in the context of the family feud. Sunjay Kapur, the industrialist and former chairman of Sona Comstar, died suddenly on June 12, 2025, during a polo match in Windsor, UK. Reports suggest he suffered an anaphylactic shock—possibly caused by swallowing a bee—which led to a cardiac arrest. He was 53. His unexpected passing triggered a fierce ₹30,000 crore estate battle between his wife, Priya, and his mother, Rani Kapur, over control of the Sona Group and Sona Comstar. Boardroom rift and legal battle At Sona Comstar's Annual General Meeting on July 25, Priya was formally appointed as a non-executive director, securing 99.44% shareholder approval. However, Rani Kapur strongly opposed the move, alleging she was coerced into signing documents shortly after her son's death. She claims to be the rightful majority shareholder, citing a will dated June 30, 2015. Rani has also raised concerns over the circumstances surrounding Sunjay's death, calling it 'suspicious and unexplained.' She sought to postpone the AGM, but her request was denied, as she has not been a shareholder since 2019. The company now finds itself in the midst of a power struggle marked by legal uncertainty, governance disputes, and intense public scrutiny. The controversy has also sparked wider conversations about inheritance rights, particularly concerning biological versus step or adopted children. What the name change means—and what's next Observers in both corporate circles and on social media believe Priya's online rebranding and her appointment to the board reflect a strategic effort to position herself as the custodian of Sunjay's legacy. Rani Kapur's opposition, meanwhile, could escalate into a protracted legal battle involving wills, board control, and shareholder rights. The deletion of Priya's Instagram account is widely seen as a move to retreat from public attention—possibly a calculated step to manage legal proceedings more discreetly.
