New Delhi, March 5 -- A civil court in Pune has issued a notice to Babasaheb Kalyani, the billionaire promoter of the Kalyani Group, and his brother Gaurishankar Kalyani, in connection with a partition suit filed by their sister, Sugandha Hiremath.
The suit seeks a third of the Kalyani family's assets, including shares in listed companies such as Bharat Forge and Kalyani Steels, as well as private assets such as land, real estate and jewellery.
On Wednesday, Hiremath petitioned for the appointment of a court receiver to manage all promoter shares of Kalyani Group companies until the suit is resolved.
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