Kapur Family Feud Unravels at Sona Comstar AGM
Sona BLW Precision Forgings held its AGM amid a feud within the Kapur family. Rani Kapur requested a postponement of the meeting, citing family mourning and questioning board appointments. She also raised concerns over her son Sunjay's death. However, Sona Comstar proceeded with the AGM, citing regulatory compliance.
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The annual general meeting (AGM) of Sona BLW Precision Forgings proceeded amid a brewing internal family feud. Despite Rani Kapur's request for postponement due to her family's mourning, the company emphasized its commitment to regulatory compliance and went ahead with the scheduled AGM.
Rani Kapur, once at the helm of the Sona group, accused individuals of taking advantage of her son Sunjay's sudden death to push through unauthorized board appointments. She expressed dissatisfaction with the lack of communication and decision-making involvement in matters concerning the Kapur family's interests.
Sona Comstar responded by clarifying the proceedings and denying Rani Kapur's shareholder status. The company emphasized that all board appointments, including Priya Sachdev Kapur's as a non-executive director, were conducted legally and transparently.
(With inputs from agencies.)
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