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Kulkarni Power Tools Ltd. Company History and Annual Growth Details

The company, promoted by Kulkarni Engineering Associates Pvt. Ltd. of Sangli, is engaged in the Manufacture of power tools in collaboration with B & D Corporation of United States.

The company has introduced a number of double insulated tools of state-of-the-art designs, which are comparable to similar products available in advanced markets of Japan, Europe and the United States.

The company commands a 35 per cent share in the double insulated power tool sector.

In Febuary 1993, the company's promoters Black & Decker decided to disinvest their stake in the company. Consequently, the Black & Decker Corporation has transferred their holding in the company.

2005

-The company has recommended a dividend of 12.5%

2008

- The Company has splits its face value from Rs10/- to Rs5/-.

-The company has designated E-mail ID for Investors Complaints: investor.relations@kpt.co.in

2012

-The company has recommended a dividend of 12.5%

2014
-Board recommends dividend of Rs. 0.50 per share.

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