Kirloskar siblings clash over KBL legal expenses
The Kirloskar family dispute has escalated with Sanjay Kirloskar-led Kirloskar Brothers (KBL) putting out a notice on the stock exchanges calling an extraordinary general meeting (EGM) on December 8. The EGM is in response to the demand from Atul Kirloskar-controlled Kirloskar Industries (KIL) that an independent forensic auditor be appointed to conduct an external forensic audit on KBL’s legal expenses, aggregating to ₹274 crore.
Read more at: ECONOMIC TIMES
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