Overview

• Sona Comstar has formally served a cease-and-desist notice to Rani Kapur accusing her of defamation and demanding she retract her July 24 letter to shareholders.
• The company has dismissed her claim of majority shareholding under a 2015 will and affirmed that she has held no stake or official role since 2019.
• The board confirmed Priya Sachdev Kapur’s appointment as a non-executive director at the July 25 AGM, highlighting her legitimacy under existing ownership filings.
• Shares of Sona BLW Precision Forgings have fallen more than 5 percent this week as the dispute and legal threats unfolded.
• Rani Kapur is reportedly considering a challenge at the National Company Law Tribunal while Priya Sachdev Kapur consolidates her board role.