Sona Blw Precision Forgings Limited has informed the Exchange regarding Change in Director(s) of the company.
SONACOMS · price
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Sona BLW Precision Forgings Limited (Sona Comstar) has informed stock exchanges about the sad demise of its Chairman and Non-Executive Director, Mr. Sunjay Kapur, on June 12, 2025, in England. The company has formally classified the change as cessation due to death, effective June 12, 2025. The company has expressed deep condolences and assured stakeholders that business operations and future prospects remain unchanged. Mr. Kapur was a key figure in shaping Sona Comstar's growth and was associated with the company for many years.
This is an unexpected and unfortunate event that may create short-term uncertainty around board leadership and succession planning at Sona Comstar. The company has, however, explicitly stated that operations and business outlook remain unaffected, which should help reassure investors. Investors should watch for further announcements regarding the appointment of a new Chairman.