Proxy advisor for voting against audit of KBL's legal costs
Sanjay Kirloskar-led Kirloskar Brothers (KBL) called an extraordinary general meeting (EGM) on December 8 in response to the demand from Atul Kirloskar-controlled Kirloskar Industries (KIL) that an independent forensic auditor be appointed to conduct an external forensic audit on KBL's legal expenses, aggregating to ₹274 crore.