Kirloskar Oil Engines file appeal before SAT challenging SEBI order to disclose family settlement deed | Company Business News

Kirloskar Industries Ltd has appealed to the Securities Appellate Tribunal (SAT) challenging an 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.

“This is to inform you that the Company has filed an appeal before the Hon’ble Securities Appellate Tribunal challenging the SEBI letter dated December 30, 2024 wherein SEBI has advised the Company to disclose the Deed of Family Settlement dated September 11, 2009 under Regulation 30A of the SEBI LODR,” the company said in a statement.