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Atul, Rahul Kirloskar to challenge Sebi order on family settlement
Financial Express Chandigarh
|January 01, 2025
ENTITIES UNDER ATUL and Rahul Kirloskar's control - Kirloskar Oil Engines (KOEL), Kirloskar Industries (KIL), Kirloskar Pneumatic (KPCL), and Kirloskar Ferrous (KFL) - are gearing up for a legal battle against a Securities and Exchange Board of India (Sebi) directive.
ENTITIES UNDER ATUL and Rahul Kirloskar's control - Kirloskar Oil Engines (KOEL), Kirloskar Industries (KIL), Kirloskar Pneumatic (KPCL), and Kirloskar Ferrous (KFL) - are gearing up for a legal battle against a Securities and Exchange Board of India (Sebi) directive. The order requires these companies to disclose a 2009 family settlement agreement signed among Kirloskar family members in their personal capacities.
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