Pune-based billionaire Baba Kalyani has dismissed claims made by his younger brother, Gaurishankar, about a supposed second will from their late mother Sulochana as a "misinformation campaign".
While Baba Kalyani, the 75-year-old patriarch of Kalyani Group, has maintained a high profile throughout his career, his younger brother, Gaurishankar, 70, a non-executive director at the Pune-based engineering firm Kalyani Forge, prefers to stay low-key. The day-today operations of Kalyani Forge, which reported revenues of ₹237 crore as of March 2024, are managed by Gaurishankar's wife, Rohini, and their son, Viraj.
Gaurishankar, a commerce graduate with 'expertise in management and the financial sector', is not on the board of any firm operated by his elder brother. However, he serves on various committees of the Kalyani Forge board and several private firms within the group.
"He is not actively involved in the day-to-day operations of Kalyani Forge but provides guidance to the board as needed," said a source close to the family.
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