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History of Kulkarni Power Tools Ltd.

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

The Comp. 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 & the United States.

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

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

2008

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