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Sona Comstar: Priya Sachdev Kapur Takes Board Seat After Husband Sunjay Kapur’s Demise

Written by: Team Angel OneUpdated on: 27 Jun 2025, 8:38 pm IST
Sona Comstar appoints Priya Sachdev Kapur to Board as Non-Executive Director following Sunjay Kapur’s demise; company also names him Chairman Emeritus.
Sona Comstar: Priya Sachdev Kapur Takes Board Seat After Husband Sunjay Kapur’s Demise
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Sona BLW Precision Forgings Ltd, better known as Sona Comstar, recently held a board meeting that marked a poignant turning point for the company. Following the untimely demise of Mr Sunjay Kapur, the company’s esteemed Non-Executive Chairman, a series of significant appointments and acknowledgements were made. 

Sunjay Kapur Designated Chairman Emeritus

The board paid tribute to Mr Sunjay Kapur, recognising his invaluable contributions by posthumously designating him as Chairman Emeritus. Mr Kapur had served as Chairman of Sona Comstar since 2019 and was instrumental in leading the company through a critical phase of global expansion and transformation. 

Under his leadership, the company established its presence across India, the USA, Mexico, China, and Serbia, successfully went public, and made key acquisitions in future mobility domains.

His strategic guidance led to diversification into electric vehicle technologies and non-automotive mobility sectors such as railways. A dedicated advocate for sustainability and corporate governance, Mr Kapur’s legacy is expected to continue inspiring the company in the years to come.

Priya Sachdev Kapur Appointed As Non-Executive Director

In a decision that aligns with both continuity and renewed vision, the board approved the appointment of Mrs Priya Sachdev Kapur as an Additional Non-Executive Director effective 23rd June 2025, subject to shareholder approval.

With a diverse background that spans investment banking, luxury retail, entrepreneurship, and social impact, Mrs Kapur brings a multifaceted perspective to the board. Currently serving as Director at Aureus Investment Pvt Ltd, she has played a key role in identifying and supporting businesses aligned with long-term value creation. Her previous ventures include launching international fashion brands in India and building one of the country’s first luxury e-commerce platforms.

Beyond her corporate credentials, Mrs Kapur is an active philanthropist and wellness advocate, deeply committed to education and support for the visually impaired and underprivileged children.

Jeffrey Mark Overly Appointed New Chairperson

The board also appointed Mr Jeffrey Mark Overly as the new Chairperson. Mr Overly has served as an Independent Director at Sona Comstar since February 2021. Known for his exceptional board participation and deep operational experience, his leadership is expected to offer continuity in the strategic direction of the company.

He brings over four decades of experience in operations and manufacturing, including senior roles at Blackstone Group, General Motors, and Kohler Company. Mr Overly’s reappointment for a second term as an Independent Director (subject to shareholder approval) reinforces the board’s focus on global experience and strong governance.

Key Changes To Committees And Governance Structures

Following the changes in leadership, several board committees were also reconstituted:

  • Corporate Social Responsibility Committee: Mrs Priya Sachdev Kapur has been appointed Chairperson, taking over from Mr Sunjay Kapur.
  • Capex Committee: Mr Vivek Vikram Singh has joined as a member, with Mr Sunjay Kapur’s position being vacated.
  • Environment, Social and Governance Committee: Mrs Priya Sachdev Kapur has been added as a member in place of Mr Sunjay Kapur.

These appointments aim to ensure smooth transition and uphold the company’s commitment to responsible governance.

Sona Comstar Share Price 

Sona Comstar’s share price was trading marginally lower at ₹479.25 as of 3:00 PM on June 27, 2025.

Read More: RattanIndia Enterprises Share Price Jumps 4% as Subsidiary Revolt Motors Launches RV1 and RV1+ in Sri Lanka

Conclusion 

This board meeting represents both a moment of remembrance and a forward-looking pivot for Sona Comstar. The legacy of Mr Sunjay Kapur as Chairman Emeritus, the appointment of Mrs Priya Sachdev Kapur, and the leadership of Mr Jeffrey Overly mark a thoughtful blend of honouring the past while embracing the future. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities are subject to market risks. Read all related documents carefully before investing.

Published on: Jun 27, 2025, 3:08 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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