Who will inherit Sunjay Kapur's Rs 10,300 crore wealth and take over his business? Here's what Karisma Kapoor's kids get- Details inside
The sudden demise of billionaire Sunjay Kapur has shocked both the business and entertainment worlds. Known for heading one of the world's top auto parts companies, he was in the news for his marriage and highly publicised divorce from Bollywood actress
. Following the news of his demise, questions have been raised about his sizeable fortune and his company
Sunjay Kapur's Rs 31,000 crore business empire
Sunjay was the chairman of auto components maker Sona Comstar.
Tired of too many ads? go ad free now
After his father's demise in 2015, he took charge and led the company into newer international markets. Thanks to his leadership, Sona Comstar grew into one of the world's top auto component firms.
According to Bloomberg, the company currently has a market value of around Rs. 31,000 crore (nearly $4 billion). But after news of Sunjay's passing broke, Business Today reported that the company's shares dropped by 7% as markets opened on Friday.
The drop reflected the shock and uncertainty surrounding the company's future.
What will happen to his business now?
After Sunjay's passing, Sona Comstar released a statement to calm investors and partners. It read, "His vision, values, and dedication to excellence has left a lasting legacy for the company. We assure our customers, business partners, employees, and shareholders that our operations and prospects remain unchanged as we honour his legacy."
Sunjay had three children—Samaira (20) and Kiaan (14) from his marriage to Karisma Kapoor, and Azarias (6), his youngest son, with his third wife Priya Sachdev. Since none of them are part of the company, they are not expected to take over leadership at this time.
According to India.com, Sunjay's sisters may step in to manage the company, while the current board continues to handle regular operations.
Who inherits his Rs 10,300 crore estate?
At the time of his passing, Forbes reported that Sunjay Kapur had a personal net worth of $1.2 billion (Rs.
Tired of too many ads? go ad free now
10,300 crore). His wealth was at its peak in 2022 and 2024, reaching up to $1.6 billion (Rs. 13,000 crore).
As per Hindustan Times, the management of his estate will now pass on to his wife, Priya Sachdev. However, reports also confirm that Sunjay had made clear plans to support all his children. For his children with Karisma—Samaira and Kiaan—he had already gifted bonds worth Rs 14 crore. On top of that, both of them will reportedly receive a monthly income of Rs 10 lakh each.
Although, it must be noted that the exact details of the inheritance are not officially confirmed.
A look back at his family life
Sunjay Kapur first married designer Nandita Mahtani. The two took the plunge in 1996 but called it quits four years later in 2000. He then went on to marry Bollywood star Karisma Kapoor in 2003, with whom he shares two children. The couple separated in 2016. In 2017, Sunjay married model and actor Priya Sachdev, and the two had a son, Azarias.
Did a Bee Sting Trigger Sunjay Kapur's Fatal Heart Attack?
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
20 minutes ago
- Economic Times
Magnets in limbo: No rare earth nod yet from China for Indian auto suppliers
No Indian auto component or vehicle manufacturer has received approval from the Chinese government to procure rare earth magnets so far, Times of India reported citing sources. Despite efforts by Indian officials to intervene, the sources said there is "no clarity as yet" on when a meeting with Chinese representatives might happen. The applications for sourcing magnets were submitted primarily by auto component makers who manufacture complete, high-tech assemblies. These include speedometers, electric motors, e-axles, electric water pumps, automatic transmission kits, speakers, sensors, and ignition coils used in engines. Among the companies that have applied are Uno Minda, Bosch, Mareli, TVS Group, Motherson Sumi, and Sona Comstar. Economic Times reported this week that the number of India-based firms awaiting approval from China's ministry of commerce to import rare earth magnets has nearly doubled—from 11 two weeks ago to 21 now. This list includes Bosch India, Marelli Powertrain India, Mahle Electric Drives India, TVS Motor, and Uno Minda. Sona Comstar, whose earlier application was rejected due to procedural issues, has reapplied and is now among the 21 companies awaiting clearance, a senior industry executive told ET.'There were no approvals so far, according to the latest assessment we carried through interactions with industry representatives,' one source told TOI. 'The situation is grave, and there is now massive uncertainty regarding manufacturing schedules and factory output.' The request for a meeting with Chinese representatives is being followed up not only by leading industry bodies such as the Auto Component Manufacturers Association (Acma) and Society of Indian Automobile Manufacturers (Siam), but also by government ministries including heavy industries, external affairs, and commerce. Senior officials from major automobile companies such as Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Bajaj Auto, and TVS are also involved in pursuing the matter with the government and diplomatic this week, the auto industry held a meeting with top officials at the Ministry of Heavy Industries as the government examined possible solutions to the crisis. 'However, not much headway was made so far,' an official source told the executives said that Ernst & Young has been brought on board by the ministry to assist with the issue. During the meeting, officials also reviewed the current preparedness of some Indian companies that are working in the field of magnet urged local magnet producers to provide a firm supply timeline, if at all possible, stating that uninterrupted production lines depend on timely procurement of components. According to the report, both Acma and Siam have drawn up a list of delegates they hope to send to China if the Indian government is able to facilitate such a restrictions were formally issued through a notification on April 4 this year. The new rules apply to medium and heavy rare earth metals, their alloys, magnets, and related products under the country's export permit prevent diversion of these materials to defence and weapons production, China now requires exporters to secure a licence. This licence depends on an End User Certificate (EUC), which must be approved first by India's Directorate General of Foreign Trade (DGFT) and the Ministry of External Affairs, and then also endorsed by the Chinese Embassy in after these steps are completed can the EUC be sent to China for the final stages of approval—first by the provincial government where the exporting company is located, and then by China's Ministry of Commerce. Rare earth magnets are critical components used in permanent magnet synchronous motors (PMSMs), which are widely applied in electric vehicles because of their compact size, high torque, and energy efficiency. Hybrid vehicles also rely on these magnets for efficient propulsion systems. While parts manufacturers based in Europe have recently received approval from Chinese authorities to source rare earth magnets, their Indian counterparts—despite being part of the same multinational corporations—are still waiting for the go-ahead from Beijing. According to experts, this delay is worsened by the strained political and commercial relationship between India and companies have been attempting to build local capabilities to reduce reliance on imported rare earth materials, but experts say this effort remains extremely challenging and is unlikely to provide immediate relief. (with ToI inputs)
Pink Villa
29 minutes ago
- Pink Villa
Box Office: Bou Butta Bhuta continues with historic run; Babushaan Mohanty starrer nets better than day one on 2nd Friday
The Odia horror-thriller Bou Buttu Bhuta, starring Babushaan Mohanty, has taken the box office by storm. It is performing on a historic level even after its first week in which it collected an impressive Rs 6.95 crore net. As the movie has entered its second week, it is continuing to show remarkable strength, with its second Friday (Day 9) expected to rake in Rs 90 lakh, matching the strong performance of its second Thursday (Day 8), which also collected Rs 90 lakh. These numbers are particularly exciting because they surpass the film's opening day collection of Rs 40 lakh. This highlights its extraordinary success and growing popularity. Bou Butta Bhuta's Phenomenal Trending Is Such That The 2nd Friday Collection Is Higher Than The Opening Day Directed by Jagdish Mishra, Bou Buttu Bhuta has captured the hearts of audiences with its gripping storyline and spine-chilling moments. The film, which hit theaters on June 12, 2025, has been riding a wave of positive word-of-mouth, leading to a phenomenal box office trend. The fact that both the second Thursday and second Friday collections are higher than the opening day speaks volumes of the film's extraordinary word of mouth. Even a new release in the form of Sitaare Zameen Par hasn't affected it much. This rare achievement of the movie holding so strong shows that audiences are not only flocking to theaters but are also spreading the word, drawing in more viewers as the days pass. The Day Wise India Net Box Office Collections Of Bou Butta Bhuta Are As Follows: Odisha Has Always Supported Supernatural Films And Bou Butta Bhuta Is No Exception Bou Buttu Bhuta's engaging plot, centered around a man and his mother facing mysterious and life-changing events in an Odisha village, has resonated with viewers. Films on supernatural elements have generally worked in Odisha and this one seems to be performing at another level. The stellar cast that also includes Archita Sahu, Aparajita Mohanty, and others, has added to the film's star appeal. There Are Talks That Bou Butta Bhuta Releases In Other Languages As Well Even as the film heads into its second Saturday, sharing screens with Aamir Khan 's Sitaare Zameen Par, the movie should do better than what it did on first Saturday. With glowing reviews and plans for dubbing in multiple languages, Bou Buttu Bhuta is poised for an even bigger run. Stay tuned to Pinkvilla for more updates on Bou Butta Bhuta.
Time of India
30 minutes ago
- Time of India
Cheating case: HC relief for actor Soubin Shahir
Kochi: High court has extended the date for film actor , his father Babu Shahir and Shawn Anthony, producers of the hit film Manjummel Boys, to appear before police in connection with a financial cheating case. Tired of too many ads? go ad free now They have now been directed to appear on June 26. Earlier, the Maradu police in Ernakulam had summoned the petitioners for interrogation on June 20, based on a cheating complaint filed by Siraj Valiyathara of Aroor. However, the petitioners' pre-arrest bail plea, which was posted for hearing on June 18, could not be taken up by high court. Accordingly, the bench of Justice Bechu Kurian Thomas extended the appearance date to June 26 and posted the plea for hearing on June 23. The case stems from a complaint filed by Siraj before the Ernakulam magistrate court, alleging that Parava Films LLP, owned by the petitioners, had solicited his investment for the film's production. As per an agreement dated Nov 30, 2022, he disbursed a total of Rs 7 crore over multiple transactions. Despite the film's commercial success, the petitioners allegedly failed to honour the profit-sharing agreement. Based on the magistrate court's direction, Maradu police registered the case in 2024. In March 2025, high court had disposed of the petitioners' earlier pre-arrest bail pleas in view of a stay on the proceedings granted in a related petition. However, the court subsequently permitted the police to resume the investigation. Following this, the police issued fresh notices for interrogation, prompting the petitioners to file a new bail application.
