Archive · 25 Jul 2025
Sona BLW Proceeds With AGM Amidst Family Dispute After Sunjay's Death
Imagine a family-owned company, Sona BLW.
After the boss died, his mother, Rani Kapur, wanted to delay a big meeting.
She said she was the main owner and had been tricked into signing papers.
The company said she wasn't a shareholder anymore, and they went ahead with the meeting anyway.
The company explained who really owned the shares and said they followed all the rules.
The late boss's wife was also appointed to the board of directors after being reviewed by the board.
Rani Kapur, mother of the late Sunjay Kapur, sought to postpone Sona BLW's AGM.
The company, Sona BLW, stated Rani Kapur is not a shareholder since 2019 and proceeded with the AGM.
Rani Kapur questioned the appointment of Priya Sachdev Kapur as director and alleged coercion.
The company clarified that Sunjay Kapur was identified as the sole beneficial owner in 2019.
The AGM was held as scheduled after seeking legal counsel.
- Who
- Rani Kapur, Sunjay Kapur's mother; Sona BLW Precision Forgings Ltd.
- What
- Dispute over shareholder rights and company governance at Sona BLW.
- When
- AGM scheduled for July 25, 2025, after Sunjay Kapur's death on June 12, 2025.
- Where
- India; Company is Sona BLW Precision Forgings Ltd.
- Why
- Rani Kapur sought to postpone the AGM due to alleged coercion and questions about the family legacy.
- Company
- Sona BLW Precision Forgings Ltd
- Rani Kapur's claim
- Majority shareholder; alleged coercion
- Company's stance
- Rani Kapur is not a shareholder; AGM held as scheduled
- Sunjay Kapur's death
- June 12, 2025; cause under dispute
- AGM Date
- July 25, 2025
- Shareholding data
- 71.98% public, 28.02% AIPL
