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May 28, 2015 8:33 PM ET

Machinery

Company Overview of JK Files (India) Limited

Company Overview

JK Files (India) Limited engages in manufacturing and selling files and ground flute drills. The company offers saw, machinists', rasp, and needle files; cutting tools, such as drills, tool bits, and masonry drills; and hand tools, including screwdrivers, pliers, wrenches, hex keys, spanners, and hammers, as well as hot rolled products. Its products are used in various applications, such as flat surface, concave surface, slots and keyways, enlarging holes, angular sections, wardnotches, in acute angles, non-ferrous metals, brass, casting, soft metals, automobile bodies, wood, horse shoeing, mill saw, agricultural tools, hand saw, band saw, pit saw, cross-cut saw, cant saw, chain saw, drillin...

New India House

N.M. Marg

Ballard Estate

Mumbai,  400001

India

Founded in 1949

Phone:

91 22 4036 7000

Fax:

91 22 4036 8819

Key Executives for JK Files (India) Limited

Company Secretary
Compensation as of Fiscal Year 2014.

JK Files (India) Limited Key Developments

Blackstone Reportedly In Talks To Acquire JK Files

The Blackstone Group L.P. (NYSE:BX) is holding talks to acquire JK Files (India) Limited, sources informed VC Circle. There might be another strategic investor along with Blackstone.

Raymond denied Sale Of JK Files

Raymond Limited (BSE:500330) has denied news reports, which stated that Raymond plans to sell stake in JK Files (India) Limited to raise INR 3 billion. "There is no such proposal under consideration with the Board of Directors of Raymond," the company said in the statement.

JK Files Mulls Acquisitions

JK Files (India) Limited is seeking acquisition opportunities abroad to increase its global presence, a top company official said. "With the adverse economic conditions, we expect to see a lot of smaller international players falling by the wayside. We are looking at opportunities for acquisition overseas. This will help us increase our presence in the global markets," Raymond Ltd President-Engineering Business Harshal Jayavant told PTI. "We see share of exports growing going forward. There is lot of opportunity for growth there. We are promoting J K brands in global markets," he added.

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