Kirloskar firms challenge SEBI letter asking disclosure of family settlement deed at SAT

Four Kirloskar companies have appealed against SEBI's directive to disclose a family settlement deed from 2009. The companies argue this directive, tied to a long-standing family dispute, may unfairly bind them. They plan a legal challenge, emphasizing the ongoing feud among the Kirloskar siblings since 2016 over the group's assets.