Sunjay Kapur, the ex-husband of Bollywood star Karisma Kapoor, passed away from a heart attack on 12 June while playing polo in the United Kingdom. He was only 53. Known for his ties to the film world, Sunjay was also a top businessman who built a massive business empire reportedly worth a jaw-dropping $4.7 billion (about Rs 31,000 crore). After his sudden passing, many thought his business would be taken over by his family. But that is not what happened.Who now leads Sunjay Kapur’s business?Many expected that Sunjay Kapur’s sisters, Superna Kapur Motwane and Mandira Kapur Koirala, who are both doing well in their own careers, might step in to run things. But Sona Comstar, the big auto parts company that Sunjay took to new heights as its Chairman and non-executive director, surprised everyone.The company’s board chose Jeffrey Mark Overly, who was already an independent director at Sona Comstar since 2021, as the new Chairman. This happened less than a month after Sunjay Kapur’s demise. In a regulatory filing, Sona Comstar also paid heartfelt respect to Sunjay. They said he was being given the honour of Chairman Emeritus. The company shared how much they valued him, saying that his “vision, leadership and dedication” had left a deep mark on them.
Poll
What aspect of Sunjay Kapur’s legacy stands out more to you?
Who is Jeffrey Mark Overly?Jeffrey Mark Overly is no stranger to the business world. As reported by India.com, he has spent over 25 years working in big roles at major car brands like General Motors and Delphi Corporation. He studied Industrial Management at the University of Cincinnati and has been part of the automotive industry for more than 40 years. Thanks to his long career and the fact that he was already on the board, the company clearly felt he was the right person to take the top seat after Sunjay.What did Karisma Kapoor and her kids get?Even though many people might think Sunjay’s ex-wife Karisma Kapoor and their children would get a piece of his big business pie, that is not the case. Reports say neither Karisma nor their two kids, Samaira and Kian, got any share in Sunjay Kapur’s stake in Sona Comstar, or in his personal assets worth around Rs 13,000 crore.So who gets the personal wealth? Sunjay’s third wife Priya Sachdev and her children, including the child from her earlier marriage, will now reportedly have rights over his personal property.As per multiple reports, Sunjay did make sure his children with Karisma were looked after. After their divorce in 2016, he bought a Rs 14 crore bond for Samaira and Kian. This gives them a monthly interest of Rs 10 lakh, meant to pay for their day-to-day needs. Plus, his house in Khar is also in their names. Karisma herself received Rs 70 crore in alimony when their marriage ended.Priya Sachdev gets a place in the company tooWhile she didn’t take over as the main boss, Sunjay’s third wife Priya Sachdev has now become a non-executive director at Sona Comstar. Priya has plenty of corporate experience. She started her career in London as an M&A analyst at Credit Suisse First Boston. She also knows quite a lot about areas like automotive, insurance and fashion, which will likely help her in her new role.Priya’s warm bond with Karisma KapoorIn a chat with Kin and Kindness, Priya spoke about her bond with Karisma Kapoor and the lovely balance in their blended family. She shared, “The children have also requested me, saying, ‘Mama doesn’t have a plan… can we invite her?’ Because we don’t want her to feel [left out]… and I was like of course she’s more than welcome because I’m confident about my relationship with my husband and she’s in a very good space and she wants the children to bond with the father and so everyone’s grown out of their own insecurities and issues. And we’ve had conversations, like it’s not about us anymore, or our insecurities or our issues.”Priya also added, “Our two daughters are so close also, so besides our little boy, when he was born, the two girls bonded, and that created the bond between Kiaan as well. And my little boy Azarius is a big fan of his older brother. Samaira and Kiaan are also from a broken home, so, for them also, their EQ is very high.”See more: ‘Our world will never be the same’: Sunjay Kapur’s sister Mandhira Kapur pens emotional note as she misses her brother and father