Priya Sachdev Kapur was elected to board with overwhelming shareholder support: Sona Comstar 

Sona Comstar , in a more contextualised and detailed rejoinder on Monday, revealed that the appointment of Priya Sachdev Kapur—the widow of the component maker’s late chairman, Sunjay Kapur—as a non-executive director was ratified by an overwhelming majority of shareholders, with her appointment receiving 99.4% shareholder approval. This was seconded only by the re-appointment of Vivek Vikram Singh as a director of the company, which received 99.8% of shareholder approval.

The component maker’s comments follow Rani Kapur, the mother of Sunjay Kapur, appealing to the board to postpone its 29th annual general meeting, as it was taking place at a difficult time for the family, which had been plunged into bereavement following the sudden demise of Sunjay Kapur.

Sona Comstar stated that Rani Kapur had no locus standi—a Latin term meaning the right or capacity to bring an action or appear in court—on any matter related to the company. “Mrs. Rani Kapur has had no role, direct or indirect, in Sona Comstar since at least 2019. She is neither a shareholder, director, nor officer of the company,” reads the statement. Consequently, any insinuation on her part that she was coerced into signing any documents, as alleged by her, or that her consent is required for company affairs, is “completely baseless” and “legally untenable”. The AGM—which was called to consider the annual financial statements and other regular business matters—was conducted on schedule.

In its statement, the company also dispelled the allegations that Sona Comstar is a family-owned business. “The promoter entity holds a stake of 28.02% and exercises no special rights or control. The assertion that the company is a family-run business is factually incorrect and misleading,” the statement added. Since the IPO of Sona Comstar in 2021, the promoter entity, Aureus Investments Private Limited, has held only one non-executive seat on the board. “The promoter entity holds no executive roles and has no involvement in day-to-day management or strategic control of the company,” adds the statement.

In an emotional letter to the board, Rani Kapur claimed that she is the sole beneficiary of her late husband, Surinder Kapur’s, estate, which includes Sona Comstar. “As you are aware, on 12.06.2025, my son, Mr. Sunjay Kapur, tragically passed away under highly suspicious and unexplained circumstances in the United Kingdom. Despite my seeking information, I have been unable to receive any relevant answers and documents explaining the incident and have been confined to the knowledge and version set out by the media,” reads the letter.

Rani Kapur also alleged that some individuals are taking undue advantage of the family’s mourning period by attempting to seize control of the company, thereby usurping the family’s legacy. Several resolutions, according to Kapur, including appointing a director representing the Kapur family—which will be put to a vote during the AGM—without the family’s consent.

The company has also strongly disapproved of the irresponsible statements made in the media. “The continued dissemination of false narratives in the media to pursue personal legal agendas has resulted in the erosion of shareholder value. With over 400,000 public shareholders, such actions are not only reckless but also deeply harmful to the company’s interests. Those responsible for this value destruction must be held accountable,” it added.