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The big battle over brand ownership - The Hindu BusinessLine

The big battle over brand ownership - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Kirloskar Industries Ltd posts surge in consolidated PAT to Rs 72 73 crores in Q1FY22

Kirloskar Industries Ltd posts surge in consolidated PAT to Rs 72 73 crores in Q1FY22
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Brothers fight over Kirloskar s 130-year-old legacy

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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