Sunjay Kapur’s Sudden Passing and Its Immediate Impact

Sunjay Kapur, a prominent billionaire businessman and ex-husband of Bollywood actress Karisma Kapoor, passed away unexpectedly on June 12 due to a heart attack during a polo match in London. This sudden event has not only left a personal void but also triggered significant implications for Sona Comstar, a leading auto component manufacturer that Kapur led since 2015 after the death of his father, Dr. Surinder Kapur. Under his leadership, the company expanded into new markets, establishing itself as a global player.

Market Reaction and Company Response

Following Sunjay Kapur’s death, Sona Comstar experienced a 7% drop in its share value as uncertainty over succession loomed. The company addressed these concerns by issuing a statement emphasizing that despite the loss, operations and future prospects remain stable. The statement highlighted Sunjay’s enduring legacy of vision and excellence, reassuring stakeholders of continuity.

Family Dynamics and Succession Challenges

The aftermath of Sunjay’s death has sparked a succession feud within the Kapur family. His mother, Rani Kapur, expressed grievances over being excluded from crucial decisions during her mourning period. She accused the board of undermining the family legacy by appointing Priya Sachdev Kapur, Sunjay’s wife, as a non-executive director without family consultation. The company refuted these claims, stating that all decisions followed due process.

Inheritance and Estate Management

Sunjay Kapur’s estate management is now under the purview of his wife, Priya Sachdev Kapur. His children with Karisma Kapoor, Samaira and Kiaan, have been provided for through bonds worth Rs 14 crore and a monthly income of Rs 10 lakh each. Additionally, Karisma Kapoor received ownership of a house previously owned by Sunjay’s father.

Background on Personal Life

Sunjay married Karisma Kapoor in 2003, with whom he had two children before their divorce in 2016. He later married Priya Sachdev, with whom he had another child. His personal life was marked by high-profile relationships and family dynamics that have now come into focus following his passing.

Circumstances Surrounding His Death

On the day of his death, Sunjay was participating in a polo match when he felt unwell after reportedly swallowing a bee. This incident led to a heart attack that claimed his life. He was actively involved in polo as both a player and patron of the Aureus team.