Emkay Tools Ltd Summary
Emkay Tools Limited was incorporated on April 25, 2023, as a wholly owned Subsidiary of the Emkay Taps and Cutting Tools Limited. The Company filed a declaration of Commencement of Business with the ROC on May 23, 2023. The Company was incorporated with the object of business of Manufacture of Taps & Cutting Tools.The Company is engaged in manufacturing high-quality precision cutting tools and has established itself as a trusted supplier to engineering and manufacturing industries.
Its modern manufacturing facility is equipped with advanced CNC machines, precision grinding equipment, inspection systems and quality-control infrastructure, enabling high-performance tooling solutions aligned with international quality standards. With continuous product development and technological upgradation, the Company serves automotive, aerospace, defence, railways, general engineering and precision engineering sectors. Products are marketed through a well-established domestic dealer network, alongside direct sales to OEMs and industrial customers.
The Company has strengthened its export presence by supplying quality products that comply with international specifications. Manufacturing capability, customer-centric execution, quality and timely delivery support long-term customer relationships in domestic and international markets.The Scheme of Arrangement between Emkay Taps and Cutting Tools Limited and the Company became effective on November 19, 2024 upon filing of the said Order with the Registrar of Companies, Mumbai. In Emkay Taps and Cutting Tools Limited (ETCTL), the manufacturing business of threading taps and cutting tools division was demerged into the Company as a going concern on April 1, 2024.
The demerged undertaking was vested in the Company, and shareholders of ETCTL received equity shares of the Company in a 1:1 ratio. Pursuant to the Scheme, the Company had allotted 1 fully paid-up equity shares the face value of Re 1/- each of the Company for every 1 fully paid-up equity shares the face value of Rs 10/- each held in Emkay Taps and Cutting Tools Limited.