Four Kirloskar companies have appealed to the Securities Appellate Tribunal against SEBI's directive to disclose a family settlement deed. This move comes amid a familial feud over the Kirloskar group ...
The Supreme Court in August 2024 allowed KBL to withdraw its Civil Appeal and make a fresh complaint to SEBI regarding ...
The companies have argued that: The feud involves three key family members, Sanjay Kirloskar, Chairman and Managing Director of Kirloskar Brothers Limited (KBL). Atul Kirloskar, Executive Chairman ...
The dispute centres on the DFS, which delineated separate business lines and companies for different Kirloskar family members. Sanjay Kirloskar of Kirloskar Brothers (KBL) disclosed the DFS in 202 ...