After Sanjay Kapoor’s death, who is managing the ₹31,000 crore empire? The truth behind the company finally revealed.

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After Sanjay Kapoor’s Death, Who Is Steering His ₹31,000 Crore Empire? Inside the Truth About His Company

The unexpected death of Sanjay Kapoor on June 12, 2025, left not only his family and fans in mourning but also raised pressing questions about the future of his massive business empire. Kapoor, known to many as the former husband of Bollywood actress Karisma Kapoor, was a prominent business tycoon overseeing a company worth approximately ₹31,000 crore (around $3.7 billion USD). With his sudden demise, speculation mounted over who would now lead the enterprise he helped build and nurture.

The Legacy of Sanjay Kapoor and Sona Comstar

Sanjay Kapoor was the chairman of Sona Comstar, an automotive components manufacturing company headquartered in Gurugram, India. Established originally by his father, the company rose to prominence under Sanjay’s leadership and became a major player in the global automotive supply chain. Sona Comstar specializes in manufacturing precision automotive components such as gears, motors, and driveline parts, particularly for electric vehicles (EVs).

Kapoor’s vision and strategic foresight helped position Sona Comstar as a major exporter to markets in North America, Europe, and Asia. Under his guidance, the company embraced innovation, sustainable practices, and digital transformation. His sudden death thus prompted serious concerns about continuity, stability, and leadership within the organization.

An Official Statement Brings Clarity

To address mounting speculation, Sona Comstar issued an official statement clarifying the company’s leadership structure and succession plans. The Board of Directors expressed their deep condolences over the loss of Sanjay Kapoor and emphasized that the company remains committed to his vision.

The statement read:

“The Board of Directors of Sona Comstar expresses deep sorrow at the untimely demise of former CEO Mr. Sanjay Kapoor. His vision, values, and dedication to excellence will continue to inspire the company’s governance and performance.”

“It is important to note that since 2019, under the leadership of Managing Director and CEO Mr. Vivek Vikram Singh, Sona Comstar has operated with a professional management team. We have full confidence in the team’s ability to lead the company under the Board’s supervision.”

The company further announced that routine meetings would be held to elect a new Chairman of the Board. This step, it explained, would ensure stability for customers, business partners, employees, and shareholders, reinforcing that no changes will be made to the management team at this time.

Who Is Vivek Vikram Singh?

The man now responsible for day-to-day operations and steering the future of Sona Comstar is Vivek Vikram Singh, who has been with the company since 2019. As the Managing Director and CEO, Singh has played a pivotal role in implementing digitization, expanding global partnerships, and driving innovation, especially in the electric mobility space.

Industry insiders believe Singh has the acumen and leadership required to carry forward Kapoor’s legacy. His background in finance and engineering, coupled with a strong understanding of global market trends, positions him well to handle the challenges ahead.

According to the company, Singh will continue leading a professional team that has already been working cohesively under the Board’s oversight. This continuity is expected to minimize disruption and maintain investor confidence.

The Question of Succession and Ownership

Despite the business leadership being clarified, questions remain regarding ownership and long-term succession. Sanjay Kapoor’s personal stake in the company and other ventures may now be subject to inheritance laws, depending on his will and family decisions.

Sanjay was known to be a hands-on businessman. Though divorced from Karisma Kapoor, the two reportedly remained in touch due to their shared responsibilities toward their children. His second wife, Priya Sachdeva, has not commented publicly about the estate or business matters, but there are growing rumors about potential legal disputes, especially after Sanjay’s personal diary surfaced, revealing emotional and financial tensions in his later life.

If Kapoor did not leave a clearly defined succession plan for his personal holdings, the ownership of his shares in Sona Comstar may become a complex legal matter. However, company officials have been quick to reassure stakeholders that these personal matters will not interfere with the functioning of the business.

Market Response and Investor Sentiment

In the days following Kapoor’s death, Sona Comstar’s stock witnessed minor fluctuations as investors speculated about leadership changes and continuity. However, once the official statement was released and it was made clear that Vivek Vikram Singh would continue to helm the company, the markets responded positively.

Analysts noted that the firm’s robust corporate governance and succession planning had helped mitigate potential uncertainty. The firm’s long-term contracts, diversified client base, and growing presence in the EV space were also viewed as positive indicators of future performance.

As one market expert put it:

“While Kapoor was an influential figure, the company had already transitioned to a professionally managed structure years ago. That decision now proves to be wise and future-proof.”

Emotional Backdrop: The Funeral That Didn’t Happen

Curiously, even more than six days after his death, Sanjay Kapoor had not yet been cremated. This delay further fueled rumors about family disagreements and the management of his estate. Some sources claimed that his second wife and children from his first marriage were at odds over funeral arrangements and inheritance issues.

The company, however, has remained silent on such personal matters and focused on business continuity. It emphasized that it respects the privacy of the Kapoor family during this time of mourning and will not comment further on personal or family-related issues.

Looking Ahead: What’s Next for Sona Comstar?

The road ahead for Sona Comstar will not be without challenges. The automotive sector is undergoing a massive transformation, with electrification, autonomous driving, and sustainability becoming key priorities. While Sona Comstar has already made significant strides in these areas, the loss of its founder-chairman could test the resilience of its leadership and vision.

The Board is expected to announce a new Chairman in the coming weeks, which will be a critical move in ensuring stability and direction. There is also speculation that the company may further diversify its product portfolio or explore international acquisitions to maintain momentum.

In a broader sense, Sanjay Kapoor’s death has sparked conversations about succession planning among Indian business families. As India’s business landscape matures, more companies are expected to professionalize their leadership structures and plan ahead to safeguard against sudden transitions.

Final Reflections

The death of Sanjay Kapoor has undoubtedly left a void in both the business and personal spheres. He was not only a dynamic entrepreneur but also a complex individual who struggled with personal regrets, as reflected in his recently discovered diary.

Yet in his professional life, he laid the groundwork for a resilient and forward-thinking organization. Sona Comstar’s ability to respond swiftly and transparently to this crisis is a testament to his legacy and the strength of the systems he helped build.

As the company now prepares for a new chapter, led by professional managers and guided by the principles Kapoor championed, it appears poised to honor his legacy—not with statues or memorials, but with continued innovation, performance, and excellence.

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