In a joint statement, the Kirloskar companies—Kirloskar Ferrous Industries (KFIL), Kirloskar Industries (KIL), Kirloskar Pneumatic, Kirloskar Oil Engines—said they have filed the appeal before SAT challenging the Sebi letter dated December 30, 2024, wherein the market regulator advised them to disclose the Deed of Family Settlement (DFS).
On December 31, 2024, these companies stated that they were preparing to legally challenge the letter by Sebi.
This story is from the January 05, 2025 edition of Financial Express Ahmedabad.
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This story is from the January 05, 2025 edition of Financial Express Ahmedabad.
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