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Brothers fight over Kirloskar’s 130-year-old legacy Agencies New Delhi: A huge feud has broken out among the family members over the ownership of Kirloskar Brothers Ltd (KBL). Sanjay Kirloskar, accused Tuesday four firms under his brothers Atul and Rahul of trying to ‘usurp’ its legacy of 130 years. Sanjay Kirloskar said the two brothers are trying to mislead the public an allegation has been refuted by the other side. As the family feud simmers, KBL in a letter to capital markets regulator Sebi claimed that recent press releases by Kirloskar Oil Engines Ltd (KOEL), Kirloskar Industries Ltd (KIL), Kirloskar Pneumatic Company Ltd (KPCL) and Kirloskar Ferrous Industries Ltd (KFIL) ‘have sought to usurp the legacy’ of KBL. Also, they attempted to pass off the legacy and track record of KBL as that of their own, the letter said.

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