Latest news with #SonaComstar
India.com
a day ago
- Business
- India.com
THIS Man Will Now Lead Sunjay Kapur's Rs 30,000 Crore Empire— Not Karishma Kapoor,Priya Sachdev, His Children Or Sister
photoDetails english 2923131 After the sudden passing of industrialist Sunjay Kapur, Sona Comstar—the Rs 30,000 crore automotive tech company he led—has named a new chairperson. Surprisingly, it's not his ex-wife Karisma Kapoor, his current wife Priya Sachdev, or any of his children or family members. The company has officially appointed Jeffrey Mark Overly, an Independent Director since 2021, as the new Chairperson. Updated:Jun 27, 2025, 04:22 PM IST Sunjay Kapur's Sudden Death 1 / 8 Sunjay Kapur, Chairman of Sona BLW Precision Forgings Ltd—popularly known as Sona Comstar—passed away on June 12 while playing a polo match in England. The 53-year-old industrialist reportedly suffered a heart attack during the game. His untimely death left behind a huge leadership gap in the company he built and nurtured. The final rites were performed at the Lodhi Road cremation ground in Delhi. Who Will Lead Now? 2 / 8 With Sunjay's sudden passing, speculation grew around who would now take over the reins of his ₹30,000 crore empire. Many expected a family member—perhaps his ex-wife Karisma Kapoor, his sister, his current wife Priya Sachdev, or even one of his children—to step in. But Sona Comstar took a different route and handed over leadership to someone else entirely. Company Announces Jeffrey Mark Overly as New Chairperson 3 / 8 On June 23, Sona Comstar made an official announcement through a stock exchange filing. It stated, 'The Board of Directors of the Company appointed Mr. Jeffrey Mark Overly as the Chairperson of the Board of Directors of the Company.' Jeffrey had been serving as an Independent Director on the board since February 12, 2021. His re-appointment for a second five-year term (till February 11, 2031) was approved by the board in April and awaits shareholder approval. A Leader with Global Experience & Trusted Insight 4 / 8 Jeffrey Mark Overly wasn't just a silent member of the board—he played an active role in guiding Sona Comstar's decisions. Despite working from a different time zone, he attended all board and committee meetings and contributed meaningfully to key discussions. His consistent involvement and deep understanding of the company's vision made him the natural choice to step into the chairman's role. Who is Jeffrey Mark Overly? 5 / 8 Jeffrey brings with him over four decades of global operational experience. He earned a Bachelor of Science in Industrial Management from the University of Cincinnati and a Master's degree in Business from Central Michigan University. Professionally, he served as an Operating Partner in Blackstone's Corporate Private Equity Group in New York. Before that, he was Vice President of Global Fixture Operations at Kohler Company and held senior roles in engineering and operations at General Motors and Delphi Corporation for over 25 years. About Sona Comstar – A Global Auto-Tech Powerhouse 6 / 8 Sona BLW Precision Forgings Ltd (Sona Comstar), founded in 1995, is headquartered in Gurugram and has a global presence with operations in the USA, Mexico, Serbia, and China. As of June 22, 2025, the company is valued at around ₹30,000 crore. Known for its innovation in the auto-tech sector, Sona Comstar specializes in manufacturing and R&D for electric mobility and precision components. Company to Continue Sunjay Kapur's Vision 7 / 8 Despite Sunjay's absence, the company remains committed to his long-term vision. Under Jeffrey Overly's leadership, Sona Comstar aims to continue its focus on expanding in electric vehicle components and other cutting-edge technologies. The appointment reflects a commitment to stable, experienced leadership during this transition phase. A Legacy Beyond Business 8 / 8 Sunjay Kapur's legacy isn't limited to boardrooms. He was widely known as the ex-husband of Bollywood actress Karisma Kapoor, with whom he shared two children. He later married Priya Sachdev and had a son with her. Even with his high-profile personal life, Sunjay chose to remain a private individual in his business affairs—quietly building one of India's most valuable automotive technology companies. His passing marks the end of an era, but his legacy will now continue through professional stewardship. (Images credit: englandgifmeme/X, @sbajpai2811/X, @Enter_tainment9, @shilpa_cn/X)
India Gazette
2 days ago
- Entertainment
- India Gazette
Karisma Kapoor shares first post after ex-husband Sunjay Kapur's death
Mumbai (Maharashtra) [India], June 26 (ANI): Actor Karisma Kapoor has shared her first message on social media following the death of her ex-husband, businessman Sunjay Kapur. Taking to her Instagram Story on Thursday, Karisma thanked everyone who sent her 'warm wishes and support,' just a day after her 51st birthday. 'Thank you, everyone, for your warm wishes and support,' wrote the Dil To Pagal Hai actress. Take a look: Earlier on Wednesday, Bebo also took to her Instagram account to post a heartfelt birthday wish for her sister. As it was Karisma's birthday on Wednesday, Kareena penned an uplifting note for 'Lolo,' giving her strength. 'This is my most favorite picture of you both. To the strongest and best girl in the universe... It's been a tough year for us, but you know what? As they say, tough times don't last, but the toughest sisters do. To my sister, my mother, my best friend... Happy birthday, my Lolo @therealkarismakapoor,' she captioned the post. Along with the heartfelt note, Kareena shared a candid picture of her husband, Saif Ali Khan, and Karisma. Sunjay Kapur reportedly died after suffering a heart attack while playing polo in London, United Kingdom, on June 12. Kapur's final rites were performed at the Lodhi Road Cremation Ground in South Delhi on June 19, with family and close associates present. Sunjay Kapur was the chairman of Sona Comstar. He married Karisma Kapoor in 2003. The couple became parents to daughter Samaira in 2005 and son Kiaan in 2011. In 2014, Karisma and Sunjay filed for divorce by mutual consent, and their divorce was finalised in 2016. After the separation, Sunjay married Priya Sachdev. The couple welcomed a son, Azarias, after their marriage. (ANI)
Time of India
2 days ago
- Entertainment
- Time of India
Karisma Kapoor drops FIRST post after ex-husband Sunjay Kapur's untimely demise: 'Thank you everyone for...'
Karisma Kapoor, celebrating her 51st birthday, expressed gratitude for the support she received following the death of her ex-husband, Sunjay Kapur, who passed away on June 12 due to a heart attack during a polo match. Kareena Kapoor shared a touching birthday tribute to her sister, acknowledging the difficult year they've faced together and highlighting Karisma's strength. Karisma Kapoor marked her 51st birthday with a quiet moment of gratitude, breaking her silence for the first time since the untimely death of her ex-husband, Sunjay Kapur. In a heartfelt note shared on social media, the actor thanked fans and friends for their support during what has been an emotionally trying time. Sunjay's sudden passing on June 12 cast a shadow over the celebrations, but Karisma's quiet strength and her family's support, especially sister Kareena Kapoor 's touching tribute, stood out amid the grief. Taking to her Instagram Stories on Thursday, Karisma wrote a sombre note, which read, 'Thank you everyone for ur warm wishes and support (red heart and folded hands emoticons).' This is the first time Karisma has shared a note after the death of Sunjay Kapur. Check out her post here: On Wednesday, Kareena Kapoor shared a heartfelt birthday note for her sister Karisma, acknowledging not just the celebration but also the challenging times they've recently faced together. She wrote, 'This is my most favourite picture of you both (heart emoji)... To the strongest and the bestest girl in the universe… It's been a tough year for us'. She went on to add, 'But you know what … as they say tough times don't last … the toughest sisters do…To my Sister ,my mother ,my best friend … Happy birthday My Lolo (heart emoji) @therealkarismakapoor.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like NOVA Android Pro 14 Tablet 10,1 inča Allress Saznajte više Undo Sunjay Kapur passed away on June 12 during a polo match in England. According to his friend and business associate Suhel Seth, Sunjay suffered a heart attack, reportedly after swallowing a bee mid-game. His company, Sona Comstar, confirmed the cause of death as a heart attack in an official statement but did not share further details. Sunjay Kapur married actor Karisma Kapoor in 2003, and the couple had two children—Samaira, now 19, and Kiaan, 13. In 2014, they filed for divorce by mutual consent, and the separation was officially finalised in 2016.
India.com
2 days ago
- Automotive
- India.com
After Sanjay Kapur's death, company takes BIG decision, starts preparations to double revenue in Japan and…, appoints new…
Auto parts manufacturer Sona Comstar plans to diversify its operations after rising geopolitical tensions in the West and wants to double its revenue share from markets like Japan, China, and India to 50%. To reduce risks associated with Western geopolitical tensions, Sona Comstar is strategically diversifying its operations, targeting a 50:50 revenue split between Eastern and Western markets. The company is focused on doubling its revenue from markets like Japan, China, and India. Sona Comstar Appointed New Chairperson Auto component company Sona Comstar on Monday appointed Jeffrey Mark Overly as the new Chairperson, days after the untimely demise of Sunjay Kapur. Jeffrey Mark Overly, is an Independent Director of the Company, since February 12, 2021 and his re-appointment as the Independent Director is approved by the Board in their meeting held on April 30, 2025, for the second term of 5 consecutive years, till 11th February, 2031, which is subject to approval of shareholder in the ensuing AGM of the Company. 'Overly has been on the board of the Company for almost 5 years now and has an excellent attendance record all (100 per cent) the Board and Committees meetings held during his tenure, contributing significantly to the deliberations and decision making of the Board and its committees, despite being in a different time zone,' the company informed stock exchanges. Sunjay Kapur As Chairman Emeritus Further, in recognition of his unparalleled contributions and enduring impact, the Board of Directors unanimously designated Late Sunjay Kapur as Chairman Emeritus of the Company. The Board of Directors, on the recommendation of the Nomination and Remuneration Committee (NRC), also approved the appointment of Priya Sachdev Kapur — Sunjay Kapur's wife — as an Additional Non-Executive Director of the Company, subject to approval of the shareholders of the Company. The Board expressed grief over the untimely passing of Sunjay Kapur, Non Executive Chairman. 'The visionary leadership, unwavering commitment and exemplary guidance of Mr Kapur has left an indelible mark on the Board and Company. Throughout his tenure, Mr Kapur was instrumental in steering the Company through significant milestones. His strategic insights and ethical values served as the foundation of corporate governance and set the course for sustained growth and innovation for the Company,' the company noted. (With Inputs From ANI)
India.com
2 days ago
- Automotive
- India.com
After Sanjay Kapur's death, company takes BIG decision, starts preparations to double…, appoints new…
Auto parts manufacturer Sona Comstar plans to diversify its operations after rising geopolitical tensions in the West and wants to double its revenue share from markets like Japan, China, and India to 50%. To reduce risks associated with Western geopolitical tensions, Sona Comstar is strategically diversifying its operations, targeting a 50:50 revenue split between Eastern and Western markets. The company is focused on doubling its revenue from markets like Japan, China, and India. Sona Comstar Appointed New Chairperson Auto component company Sona Comstar on Monday appointed Jeffrey Mark Overly as the new Chairperson, days after the untimely demise of Sunjay Kapur. Jeffrey Mark Overly, is an Independent Director of the Company, since February 12, 2021 and his re-appointment as the Independent Director is approved by the Board in their meeting held on April 30, 2025, for the second term of 5 consecutive years, till 11th February, 2031, which is subject to approval of shareholder in the ensuing AGM of the Company. 'Overly has been on the board of the Company for almost 5 years now and has an excellent attendance record all (100 per cent) the Board and Committees meetings held during his tenure, contributing significantly to the deliberations and decision making of the Board and its committees, despite being in a different time zone,' the company informed stock exchanges. Sunjay Kapur As Chairman Emeritus Further, in recognition of his unparalleled contributions and enduring impact, the Board of Directors unanimously designated Late Sunjay Kapur as Chairman Emeritus of the Company. The Board of Directors, on the recommendation of the Nomination and Remuneration Committee (NRC), also approved the appointment of Priya Sachdev Kapur — Sunjay Kapur's wife — as an Additional Non-Executive Director of the Company, subject to approval of the shareholders of the Company. The Board expressed grief over the untimely passing of Sunjay Kapur, Non Executive Chairman. 'The visionary leadership, unwavering commitment and exemplary guidance of Mr Kapur has left an indelible mark on the Board and Company. Throughout his tenure, Mr Kapur was instrumental in steering the Company through significant milestones. His strategic insights and ethical values served as the foundation of corporate governance and set the course for sustained growth and innovation for the Company,' the company noted. (With Inputs From ANI)
