Context:
Kirloskar Oil Engines submitted the Application to the Securities and Exchange Board of India for the disclosure of family settlement deed entered among various Kirloskar family members.
Key Highlights:
- SEBI has urged the revelation regarding the deed of family settlement dated September 11, 2009 among different members of the Kirloskar family.
- The company states that the SEBI order is currently sub-judice and does not encompass the matters of contract law, corporate law, and company law.
