Kirloskar Industries Ltd will challenge a recent order from the Securities and Exchange Board of India (SEBI) asking to disclose the deed of family settlement (DFS) entered into by the members of the Kirloskar family under the SEBI Regulations. “The Securities and Exchange Board of India (SEBI) has vide letter dated December 30, 2024, advised Kirloskar Industries Limited to disclose the Deed of Family Settlement (DFS) dated September 11, 2009, entered into amongst the members of the Kirloskar family in their personal capacity under the SEBI LODR Regulations,” the company said in statement..
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Kirloskar Oil Engines file appeal before SAT challenging SEBI order to disclose family settlement deed
Kirloskar Industries Ltd intends to contest a SEBI order requiring the disclosure of a family settlement deed from September 2009, as advised in a letter dated December 30, 2024.