Latest news with #SonaBLWPrecisionForgingsLimited
India.com
24-06-2025
- Business
- India.com
Sunjay Kapoor's third wife Priya Sachdev gets a big position in his Rs 31000 crore business empire, post is…
After the death of Bollywood actress Karisma Kapoor's ex-husband Sunjay Kapur, his company has got a new chairman. Neither Sunjay's sisters nor his children have any role in his company Sona Comstar. Rather, his third wife Priya Sachdev has been given a big responsibility. Meanwhile, Karisma Kapoor reached Delhi with her children, Samaira and Kiaan. Ever since Sunjay Kapur's death, people wanted to know about the person who took over his company. Now, his third wife Priya Sachdev has been given an important responsibility in Sunjay's Rs. 31,000 crore company Sona BLW Precision Forgings Limited (Sona Comstar). She has been made the additional non-executive director of the company. About Priya Sachdev's professional life Priya Sachdev started her career as an M&A analyst at Credit Suisse First Boston in London. Along with this, she has also worked as an investment banker. Priya has worked in automotive retail, insurance and fashion fields. Now she will play an important role as an additional non-executive director in her late husband Sunjay Kapur's company. Karisma Kapoor reached Delhi with her children On one hand, Priya Sachdev got a big responsibility in Sunjay Kapur's company, on the other hand, Sunjay's ex-wife Karisma Kapoor reached Delhi today with her children Samaira and Kian. Actually, today (on 24 June) a prayer meet was organized for Sunjay Kapur in Delhi, in which the actress attended with her children. Sunjay Kapur's company gets a new chairman Let us tell you that after the death of Sunjay Kapur, a new chairman of his company Sona Comstar has also been elected. Jeffrey Mark Overly has been made the new chairman of the company. Jeffrey was working as an independent director of the company since February 12, 2021 and will now take charge of the company.
India.com
15-06-2025
- Automotive
- India.com
Who will inherit Sunjay Kapur's Rs 390000000000 business empire? Not Karisma Kapoor or his other ex-wives, the heir is...
Sunjay Kapur, the ex-husband of Karisma Kapoor, died of a heart attack on June 12. He was 53. (File) Sunjay Kapur, the ex-husband of actor Karisma Kapoor, who passed away at the age of 53 due to a heart attack in the UK on Thursday (June 12), was a veteran business tycoon who served as the Chairman and non-executive director of Sona Comstar, formerly known as Sona BLW Precision Forgings Limited– a leading auto parts manufacturer. Kapur left behind an expansive business empire valued at a whopping $4.7 billion (about Rs 30,000 crore), and speculations are rife about who would lead Sona Comstar following his demise. Who would inherit Sunjay Kapur's Rs 39,000 crore business empire? Sunjay Kapur took over as the Managing Director of Sona Comstar after his father's demise in 2015, took the company to new heights. Under Kapur's leadership, the company expanded its presence across the globe, building manufacturing plants in the United States, Mexico, Serbia, and China. Sunjay Kapur was married thrice, with his marriage to Bollywood actor Karisma Kapoor being the one which is most known for obvious reasons. Sunjay and Karisma tied the knot in 2003, and later divorced in 2016. The union produced two kids, Samaira and Kiaan. Later, Kapur married Priya Sachdev, and has son with her named Azarias. He was also the father of Sachdev's child from her first marriage. However, neither Karisma Kapoor, nor any of Sunjay Kapur's ex-wives are expected to inherit Sona Comstar. Instead, it is believed that his sister, Superna Kapur Motwane and Mandira Kapur Koirala– both well-settled professionals in their respective careers– are likely to lead the company, according to media reports. Superna Kapur Motwane is a editor for a well-known magazine, while Mandira Kapur Koirala runs Sona Mandira Pvt Ltd (SMPL), an auto parts maker similar to Sona Comstar. Notably, Sunjay and Mandira were once involved in a legal dispute over who had rights to the 'Sona' brand name, which was established by their late father Dr Surinder Kapur. Sunjay Kapur net worth According to reports, Sunjay Kapur had a net worth pegged at around $1.2 billion (approximately Rs 10,300 crore). Meanwhile, the ace businessman has left a healthy amount for his children, which includes a Rs 14 crore bond he purchased for Samaira and Kiaan after divorcing Karisma Kapoor in 2016. The bond generates a monthly interest of Rs 10 lakh, which is meant to cover the daily expenses of his two kids with Karisma. Additionally, his house in Khar is also registered in their names. Sunjay Kapur death Sunjay Kapur, the ex-husband of famous Bollywood actress Karisma Kapoor, died of a heart attack while playing a polo match in the United Kingdom on June 12. At first, it was believed that the 53-year-old had died due to a sudden heart attack, but later reports emerged that he had reportedly swallowed a bee by accident, and its sting caused an allergic reaction, triggering a cardiac arrest that led to his demise. 'It is with deep sorrow that we inform that Sunjay Kapur, Chairman and Non-Executive Director of Sona Comstar, passed away on 12 June 2025 in England, UK due to a heart attack at the age of 53. As a visionary leader, Kapur played a key role in building Sona Comstar into a global mobility technology company based on innovation, stability and purpose. His inspiration, vision and dedication to excellence inspired us all,' Sona Comstar said in an official release. 'Apart from his professional contributions, Sunjay Kapur was a devoted father, a mentor to many, and a strong supporter of India's manufacturing and mobility sector. His demise is a huge loss to the industry and the Sona family,' the release added.
India.com
14-06-2025
- Automotive
- India.com
China had recently dealt a major blow to Sunjay Kapur's company due to...; know what Kapur's Sona Comstar manufactures, its related to...
Sunjay Kapur (File) Sunjay Kapur, the ex-husband of actor Karisma Kapoor, who passed away at the age of 53 due to a heart attack in UK on Thursday (June 12), was a veteran business tycoon who served as the Chairman and non-executive director of Sona Comstar, formerly known as Sona BLW Precision Forgings Limited– a leading auto parts manufacturer. Sona Comstar, which manufactures crucial parts for both electric and conventional vehicles, had recently received a heavy blow to its operations after China banned the import of rare earth magnets to India following last month's India-Pakistan military conflict. What does Sunjay Kapur's Soma Comstar manufacture? Sona Comstar is auto parts manufacturing giant based in Gurugam, which manufactures key components for electric vehicles (EVs), hybrids, as well as a conventional cars that run of diesel and petrol. The company manufactures traction motors and starter motors for EVs and hybrid vehicles. and its world's largest manufacturer of differential gears that help in the smooth movement of wheels. The firm also makes transmission gears used by top Indian carmakers, and had recently ventured in the manufacture of sensors and spare parts for trains. Sunjay Kapur, who took over as the Managing Director of Sona Comstar after his father's demise in 2015, took the company to new heights. Under Kapur's leadership, the company expanded its presence across the globe, building manufacturing plants in the United States, Mexico, Serbia, and China. How China dealt a blow to Sona Comstar's operations? Sona Comstar faced a major operational hurdle after China imposed restrictions on exports of rare earth magnets. The company had applied to export the key raw material from China, but the application was rejected by Beijing. The auto parts maker has filed another application which is reportedly under consideration. As per reports, Sona Comstar is the first Indian firm whose application has been rejected by the Chinese. Sona Comstar specializes in making parts for electric vehicles, which accounts for nearly 29 percent of its overall business. The company supplies parts for electric and hybrid vehicles to automaking giants like Maruti Suzuki, Bajaj Auto, and TVS Motors. Sona Comstar has a market cap of Rs 31,760.46 crore, with its shares trading at 500.10 apiece on Friday, down 2.07 percent. The company's stock prices dipped by 8 percent after Sunjay Kapur passed away. Sunjay Kapur death Sunjay Kapur, the ex-husband of famous Bollywood actress Karisma Kapoor, died of a heart attack in the United Kingdom on June 12. He was 53. 'It is with deep sorrow that we inform that Sunjay Kapur, Chairman and Non-Executive Director of Sona Comstar, passed away on 12 June 2025 in England, UK due to a heart attack at the age of 53. As a visionary leader, Kapur played a key role in building Sona Comstar into a global mobility technology company based on innovation, stability and purpose. His inspiration, vision and dedication to excellence inspired us all,' Sona Comstar said in an official release. 'Apart from his professional contributions, Sunjay Kapur was a devoted father, a mentor to many, and a strong supporter of India's manufacturing and mobility sector. His demise is a huge loss to the industry and the Sona family,' the release added.
