Sebi observed in the notice that four out of the five directors of Kirloskar Industries were aware of the deteriorating financial position of KBL.The promoter group on 6 October 2010 sold 10.72 million shares of KBL worth ₹275 crore in the company to Kirloskar Industries.
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Tuesday, August 11, 2020
Sebi pulls up Kirloskar promoters, others for unfair trade practices
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