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: [email protected] 2012 -The company has recommended a dividend of 12.5% 2014 -Board recommends dividend of Rs. 0.50 per share. 2019 -Company name changed to KPT Industries Ltd. from Kulkarni Power Tools Ltd.. |
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