Sona BLW Precision Forgings Ltd conducted its Annual General Meeting on Friday after receiving legal guidance regarding a deferment request. Rani Kapur, mother of deceased Chairman Sunjay Kapur, had demanded the company postpone the meeting and halt director appointments. The board consulted prominent legal counsel before determining they could legally proceed with the scheduled assembly. Company records show Kapur holds no shareholding position since at least 2019. The firm emphasized its commitment to corporate governance standards and regulatory compliance.
Kapur alleged family members faced coercion to sign documents that others might misuse for company control. She claimed majority ownership rights through her late husband Dr Surinder Kapur's estate documents. The company stated it obtained no paperwork from Kapur following her son's death. Sona Comstar operates as a public entity with 71.98 percent public ownership and 28.02 percent held by corporate promoter Aureus Investments Private Limited. Management appointed Priya Sachdev Kapur as Non-Executive Director through proper nomination procedures.
Kapur alleged family members faced coercion to sign documents that others might misuse for company control. She claimed majority ownership rights through her late husband Dr Surinder Kapur's estate documents. The company stated it obtained no paperwork from Kapur following her son's death. Sona Comstar operates as a public entity with 71.98 percent public ownership and 28.02 percent held by corporate promoter Aureus Investments Private Limited. Management appointed Priya Sachdev Kapur as Non-Executive Director through proper nomination procedures.
