TD Power has to come clean on case against promoters: Proxy advisory firm

Proxy advisory entity InGovern Research said Bangalore-based engineering services company TD Power Systems must disclose all the facts to its shareholders prior to the Annual General Meeting on August 9 regarding the case filed by a group led by Vijay Kirloskar of Kirloskar Electric Company against promoters, including Mohib Khericha and Nikhil Kumar among others in the Karnataka High Court. Kirloskar had founded TD Power in 1999