Neelkanth passed away in 2013. Baba has led the group to greater heights, adding to the family wealth. For instance: Bharat Forge, the flagship of Kalyani Group, was founded by Neelkanth in 1966.

In a recent court filing, Hiremath has laid claim to a third of all Kalyani family assets, including shares of listed group companies such as Bharat Forge and Kalyani Steels, and private assets ...

Also Read: Bharat Forge's Baba Kalyani plans to sue his sister and Hiremath siblings in feud over family wealth Pending a decision on her claims, Hiremath sought to appoint a court-appointed ...

MUMBAI: The family feud between the Pune-based Kayani group led by Baba Kalyani and his sister Sugandha Hiremath who controls majority in Hikal has taken a murky turn. The Baba faction shared a ...

The row erupted afresh after Baba, the patriarch of the diversified Kalyani group led by its flagship Bharat Forge, on January 14 alleged that Sugandha and her husband Jai Hiremath suppressed the ...

She has also moved the Bombay High Court seeking enforcement of a Family Arrangement, which states that Baba Kalyani has to give her all the shares of Hikal Ltd, a listed company run by the Hiremaths.

The family arrangement involved the distribution of shares in Bharat Forge, Kalyani Steel, and Kalyani Forge, as well as the transfer of Hikal shares from Baba Kalyani’s entities to the Hiremaths.

It adds that Baba Kalyani will take control of Kalyani group companies. Sebi recently has turned active to force promoters of listed companies that have entered into family arrangements to ...

In a development that will extend the timeline to resolve the dispute between the Kalyani family, the two wills filed for probate by Baba Kalyani, the chairman and MD of Bharat Forge, and his ...

The battle is on between Sugandha Hiremath and her brothers Baba Kalyani and Gaurishankar Kalyani over the ownership of the Kalyani family’s assets, and challenging the will of Sulochana.