Tag: KirloskarGroup

• 

  Kirloskar Firms Challenge SEBI’s Directive on Family Settlement Deed Disclosure

  Four Kirloskar companies have filed an appeal with the Securities Appellate Tribunal (SAT) challenging a SEBI letter demanding the disclosure of a 2009 family settlement deed. The market regulator’s request has sparked a legal battle, as the companies argue that the Deed of Family Settlement (DFS) is not relevant to their listed status. This development comes amid ongoing disputes between Kirloskar family members, including Chairman Sanjay Kirloskar and his siblings Atul and Rahul, over the control and management of the 130-year-old Kirloskar Group's assets.