Sona Comstar announced on Friday, July 25, that shareholders have approved the appointment of Priya Sachdev Kapur as a Non-Executive Director with 99.44% votes. All resolutions proposed during the AGM were passed with the requisite majority. Priya Sachdev Kapur was inducted onto the board in June 2025 as an additional Non-Executive Director following the sudden demise of the company’s Chairman, Sunjay Kapur, who was also her husband.
However, Rani Kapur who was the former chairperson of Sona Comstar and wife of the company’s late founder, raised objections to the timing of the AGM. In a letter addressed to the board on Friday, she urged the company to postpone the shareholders’ meeting by at least two weeks.
She alleged that there had been coercion and misrepresentation in the lead-up to the AGM, following her son Sunjay Kapur’s passing. Despite the objections, the AGM proceeded as scheduled, and Priya Sachdev Kapur’s appointment received overwhelming support from shareholders.
Who is Priya Sachdev Kapur?
Priya has led several business ventures and co-founded Rock N Shop, one of India’s early luxury e-commerce platforms. She currently serves as a Director at Aureus Investment. Before establishing herself in the business world, Priya had a brief stint in the entertainment industry, appearing in the 2005 film Neal ’n’ Nikki and featuring alongside Kareena Kapoor in a television commercial.
An alumna of University College London, she holds a degree in Mathematics and Business Management. Priya began her career in mergers and acquisitions at Credit Suisse First Boston in London. Her previous marriage to Vikram Chatwal ended in divorce after a custody battle.Later, in 2017, Priya married Sunjay Kapur.
What is the controversy around Sona Comstar?
Regardless of Rani Kapur’s request, Sona Comstar conducted its Annual General Meeting on Friday. To clarify, the company also released a statement saying Rani Kapur has not been a shareholder of Sona Comstar since at least 2019, and therefore her request to postpone the AGM held no legal standing. It also added that no documents were signed or obtained from her following the demise of Sunjay Kapur. Sona Comstar, which is 71.98% publicly held and 28.02% owned by corporate promoter Aureus Investments Pvt Ltd, clarified that Priya Sachdev Kapur was appointed as an Additional Non-Executive Director based on a nomination from Aureus Investments. Her appointment was subsequently approved by the company’s Nomination and Remuneration Committee.